Sen. Chris Dodd and former Rep. Barney Frank say the CFPB-creating law bearing their names does not fall under the purview of the Federal Vacancies Reform Act. They joined other Democrats and activists last week in announcing plans to challenge a federal judge's ruling that denied a CFPB official's attempt to block President Trump’s interim director appointee.
December 1, 2017
Republican Senator Mike Crapo (R-Idaho) told reporters on Wednesday he’s getting closer to brokering a deal on bipartisan legislation aimed at rolling back parts of the Dodd-Frank Act.
November 9, 2017
Four days after the U.S. House passed a bill aimed at reversing a number of Dodd-Frank financial regulations and scaling back the CFPB’s authority, the Treasury Department recommended that the bureau’s powers be reduced in a report containing more than 100 suggestions for financial reform.
June 13, 2017
President Donald Trump took his first step toward making good on his promise to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act, signing on Friday an executive order directing the secretary of the Treasury to review the 2010 financial oversight law.
February 3, 2017
There’s one way to keep federal regulators, plaintiffs’ attorneys, attorneys general and the media at bay. Read on to find out what it is.
December 6, 2016
Regulatory insiders say there are two ways the Trump administration can deliver on its promise to dismantle the Dodd-Frank. But neither scenario has a high probability of success, they say.
November 17, 2016
Last week, the U.S. House Financial Services Committee passed the Financial CHOICE Act, which supporters describe as an alternative to the Dodd-Frank Act. It contains language aimed at repealing the CFPB’s guidance on dealer participation, among other things.
September 15, 2016
AFIP's executive director has some choice words for President Obama, Sen. Warren and the 'smartest guys in the room.'
February 5, 2016
The National Automobile Dealers Association filed a Freedom of Information Act request Monday, seeking to make a Consumer Financial Protection Bureau memo about limiting dealer discretion public.
July 14, 2015
The magazine will convene an all-star cast of compliance and regulatory experts to delve into the Dodd-Frank Act and the Consumer Financial Protection Bureau. They’ll also touch on what’s happening at the state level.
August 29, 2013
The Consumer Financial Protection Bureau’s No. 2 official will depart after a new set of mortgage rules is finalized, The Wall Street Journal reports.
November 13, 2012
The Association of Financial & Insurance Professionals’ David Robertson and Hudson Cook’s Nikki Munro will lead two separate compliance sessions aimed at getting attendees up to speed on Internet sales compliance and the Dodd-Frank Act.
August 21, 2012
The new U.S. consumer financial watchdog has pledged to aggressively pursue discriminatory lending practices. Legal insider provides recommendations on how to ensure your store isn’t caught in the crossfire.
August 10, 2012
Five federal supervisory agencies signed a memorandum of understanding that clarifies how the agencies will coordinate their supervisory activities under the Dodd-Frank Act.
June 12, 2012
A survey by Wolters Kluwer Financial Services finds that a majority of U.S. financial institutions expect their consumer lending businesses to grow or remain steady in 2011.
February 15, 2011