In This Issue:
Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings.
Excerpt from Leading the Past Week -
President Obama touched on both new and old initiatives in his State of the Union though avoided rhetorical attacks against large financial institutions. Instead, that torch was picked up by Senator Elizabeth Warren, who did not disappoint her supporters on the left with her sharp questioning of regulators at her first hearing of the Senate Banking Committee. Raising issues such as whether large institutions were “too large to jail” certainly generated attention that to date, Senator Warren had worked to avoid. In the Finance Committee, Treasury nominee Jack Lew easily survived his nomination hearing as was widely anticipated. Not so lucky was FHA Commissioner Carol Galante, who was grilled by the House Financial Services as part of a series of hearings on the agency’s financial situation.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: Barack Obama, Basel III, CFPB, CFTC, Charitable Donations, Dodd-Frank, End-Users, FDIC, FHA, FSOC, GAO, JOBS Act, Orderly Liquidation Authority, Qualified Mortgage Rule, State of the Union, U.S. Treasury, Underwater Homeowners
Published In: Elections & Politics Updates, Finance & Banking Updates, Residential Real Estate 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.
© Mintz Levin - Public Finance Matters | Attorney Advertising