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Daily Dose

Is It Hot in Here?

Ten years after the financial crisis, a new report shows many of the nation’s housing markets not only heating up, but hitting new highs.

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Senate Budget Committee Approves Republican Tax Bill

The Senate Budget Committee approved the Republican tax bill Tuesday afternoon, clearing another hurdle for the legislation and putting it on track for a full Senate vote. The vote came after Democratic leaders Nancy Pelosi and Charles Schumer pulled out of ...

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Court Clears Path for Mulvaney at CFPB

With a Washington U.S. District Court denying Leandra English’s request for a restraining order, Mick Mulvaney cleared one obstacle along his path as Acting Director of the Consumer Financial Protection Bureau. However, legal avenues remain for English.

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Legal Perspective: Untangling What Having Two Acting Directors of CFPB Means

This controversy of who will lead the CFPB in the interim of a new director being confirmed by the Senate will eventually be resolved, but given the novel legal issues it presents and the strong interests on both sides, it could take time to wind through the courts. And the fact that we are faced with this uncertainty has serious consequences, because any actions undertaken by an unauthorized Acting Director could be void.

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