Connecticut is the next in a growing list of states to pass comprehensive data privacy legislation. Last Friday, the Connecticut legislature passed, by large margins, Senate Bill 6 — which we are referring to as...more
The Federal Election Commission (FEC) announced increased limits February 2, 2021, for the 2021-2022 Election Cycle, including changes to the individual contribution limits, coordinated party expenditure limits, and lobbyist...more
Since the results of the Senate races in the Georgia special election became clear this week, we have been fielding questions from clients about how the Senate will organize itself with 50 Democrats and 50 Republicans....more
What legislative activity can we expect in 2020 in the area of housing finance reform? With the Senate kicking off the New Year with an impeachment trial, it is highly unlikely Congress will make much headway on housing...more
1/24/2020
/ Consumer Financial Products ,
Fannie Mae ,
FHFA ,
Financial Services Industry ,
Freddie Mac ,
GSE ,
Housing Finance Reform ,
Housing Market ,
Impeachment ,
Legislative Agendas ,
Mortgages ,
Regulatory Agenda ,
Senate Banking Committee ,
Trump Administration ,
U.S. Treasury
The prospect of the U.S. Congress acting on housing reform this year remains unlikely. The House Democrats’ determination to formalize the impeachment inquiry into President Trump’s involvement with Ukraine and begin public...more
11/8/2019
/ Affordable Housing ,
Congressional Investigations & Hearings ,
Consumer Financial Products ,
Fannie Mae ,
FHFA ,
Financial Services Committee ,
Financial Services Industry ,
Freddie Mac ,
GSE ,
Housing Finance Reform ,
Impeachment ,
Preferred Stock Financing ,
Purchase Agreement ,
Regulatory Agenda ,
Regulatory Reform ,
Strategic Planning ,
Trump Administration
We continue to gauge the potential for Congress to act on the administration’s housing finance plan and/or pass their own before adjourning for the year. When Congress returned from August recess, members faced an ambitious...more
10/4/2019
/ Capital Requirements ,
Consumer Financial Products ,
Donald Trump ,
Fannie Mae ,
Financial Services Industry ,
Freddie Mac ,
GSE ,
Housing Finance Reform ,
Housing Market ,
Impeachment ,
Legislative Agendas ,
Mortgages ,
Preferred Stock Financing ,
Trump Administration
The U.S. Department of the Treasury and the Department of Housing released the much-anticipated housing finance reform plan to reduce the government’s role in housing and end government control of both Fannie Mae and Freddie...more
9/20/2019
/ Consumer Financial Products ,
Fannie Mae ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Freddie Mac ,
GSE ,
Housing Finance Reform ,
Mortgages ,
Regulatory Agenda ,
U.S. Treasury
Just before adjourning for the summer district work period, 13 Republicans from the Senate Banking Committee sent a letter pushing for expedited implementation of S. 2155, the Economic Growth, Regulatory Relief, and Consumer...more
Now midway through the first session of the 116th Congress, the House and Senate have yet to act on housing reform legislation. Most recently, Mark Calabria, Director of the Federal Housing Finance Agency (FHFA), announced...more
Since the new legislative session convened in January, congressional leaders and President Trump have repeatedly highlighted the importance of passing legislation to repair our nation’s crumbling infrastructure. ...more
5/17/2019
/ Affordable Housing ,
Bipartisan Agreement ,
Elder Issues ,
Infrastructure ,
Legislative Agendas ,
Native American Issues ,
Natural Disasters ,
Public Housing ,
Risk Mitigation ,
Rural Development ,
Rural Housing Services ,
Tribal Lands ,
Trump Administration
Lobbyists registered under the Lobbying Disclosure Act (LDA) are now required to disclose federal and state convictions of certain crimes. ...more
House Financial Services Committee Chairwoman Maxine Waters recently introduced the "Consumers First Act," H.R. 1500, a modified version of a bill she introduced in the last session of Congress when Mick Mulvaney was still...more
3/25/2019
/ Administrative Appointments ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Fair Lending ,
Financial Services Committee ,
Financial Services Industry ,
Mortgages ,
Policy Management ,
Reversal ,
Trump Administration
House Financial Services Committee Chairwoman Maxine Waters has introduced the “Consumers First Act” (to be designated H.R. 1500), a modified version of a bill she introduced in the last session of Congress when Mr. Mulvaney...more
3/8/2019
/ Consumer Complaint Database ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Deregulation ,
Dodd-Frank ,
Fair Lending ,
Financial Regulatory Reform ,
Financial Services Industry ,
Legislative Agendas ,
Proposed Legislation ,
Regulatory Agencies ,
Trump Administration
The new 116th Congress convened on January 3, 2019, with members of Congress sworn into office. Although the first month was consumed by the partial government shutdown, Congressional committee assignments were finalized, and...more