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Office of Management and Budget OIRA Banking Sector

Ballard Spahr LLP

Trump nominee to head OMB could create roadblock for CFPB regulations

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It has been reported that President-elect Donald Trump has nominated South Carolina Republican Congressman Mick Mulvaney to be Director of the Office of Management and Budget (OMB). Mr. Mulvaney has been described as a...more

Ballard Spahr LLP

ABA and CBA seek revisions to generic clearance process

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The American Bankers Association and the Consumer Bankers Association (the Associations) have sent a letter to the Office of Information and Regulatory Affairs (OIRA) (part of the Office of Management and Budget (OMB)) urging...more

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ABA challenges CFPB use of generic clearance for overdraft research

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The American Bankers Association has sent a comment letter to the CFPB challenging the Bureau’s use of the generic clearance process to conduct research in connection with its overdraft rulemaking. The letter was submitted...more

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