On May 23, Congress passed a bill to revise Dodd-Frank to reduce regulatory burdens on banks. Just as with the original Dodd-Frank Act, the real work will have to be done by the banking agencies and thus months will have to...more
On March 5, 2018, the Fed’s new Vice Chairman for Supervision, Randal Quarles, spoke at the Institute of International Bankers annual conference. He wanted to express his thoughts on the appropriate regulatory environment for...more
For the first time in my memory, the Congress passed a joint resolution to disapprove a final regulation of a federal agency—in this case the CFPB and the rule was related to arbitration clauses in contracts for consumer...more
12/8/2017
/ Banking Sector ,
Community Reinvestment Act ,
Consumer Financial Protection Bureau (CFPB) ,
CRA ,
Credit Unions ,
Cuba ,
Dodd-Frank ,
EU ,
FDIC ,
Final Rules ,
Financial Institutions ,
Mortgage Servicers ,
NCUA ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Qualified Financial Contracts (QFC) ,
RESPA ,
Sanctions ,
Truth in Lending Act (TILA)