In This Issue:
Leading the Past Week; Legislative Branch; House of Representatives; Executive Branch; Miscellaneous; and Upcoming Hearings.
Excerpt from Leading the Past Week -
The week began with speculation about the fates of two titans of the Financial Services industry, Jamie Dimon and Robert Cordray. While Dimon easily survived a battle to split his CEO and Chairman responsibilities, Cordray will have to wait to learn his fate. The sudden decision by Leader Reid to delay until July, a vote to confirm Robert Cordray as head of the CFPB may have had more to do with immigration reform and the farm bill than the Memorial Day recess, but Senators and their staffs must have been relieved be able to head to the airplanes to return home for the unofficial start of summer.
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Topics: Ben Bernanke, CFPB, CFTC, Conflict Mineral Rules, Cross-Border, Dodd-Frank, DOJ, EU, FSOC, IRS, Jamie Dimon, Political Scandals, Proposed Legislation, Qualified Mortgage Rule, Quantitative Easing, Richard Cordray, SEC, Swaps
Published In: Consumer Protection Updates, Elections & Politics Updates, Finance & Banking Updates, International Trade Updates, Securities Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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