Tag Archives: Financial Regulation

Tapped by the Biden Administration as Acting Director nearly a year ago to the day, Sandra L. Thompson assumes responsibility for oversight of the $7.5 trillion mortgage finance market in an Agency ceremony.

The Consumer Financial Protection Bureau (CFPB) has issued a new interpretive rule that describes individual states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal consumer financial protection law. This announcement is part of the CFPB’s ...

After Monday’s release of the Treasury report on Core Principals of Financial Regulation, critics are saying the proposed changes will put the economy in great danger. Proponents feel the proper restructuring of regulation is imperative and applaud the Treasury’s report. Take a look at why as the industry reacts.

With a new administration at the helm, everyone expects plenty of change to happen, particularly in financial regulation and the lending industry. Regulatory entities are already a high-priority focus for President Trump, most notably the Consumer Financial Protection Bureau.

In his address, Hensarling called Dodd-Frank the “Obama Financial Control Law” and asserted that it “stands as a monument to the arrogance and hubris of man in that its answer to incomprehensible complexity and government control is yet more incomprehensible complexity and more government control.”

A capital surcharge proposed by the Fed in December for eight U.S. banks that the Financial Stability Oversight Council designated as global systemically important banks is aimed at building additional resilience and lessening the chances of an institution's failure in proportion to risks the institution poses to the broader U.S. economy.

President Barack Obama will nominate Antonio Weiss, global head of investment banking at merger-advisory firm Lazard Ltd., for U.S. Treasury Under Secretary, the top domestic finance position with the government organization, according to a statement released by the White House.

The U.S. Midterm Elections have been over for less than a week, and already Democrats are circling the wagons to protect what will certainly be a top priority on the Republicans' list of changes to make – the Consumer Financial Protection Bureau (CFPB).