Dodd-Frank

Warren makes rounds blasting reg relief bill, dismisses 2020 talk

03/12/18

Sen. Elizabeth Warren said in a series of interviews on Sunday morning political shows that a bill giving banks relief from rules imposed after the 2008 financial crisis could usher in a new round of taxpayer-funded bailouts.

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Next up at Goldman; Amex readies steep cuts in pricing

03/12/18

Goldman Sachs CEO Lloyd Blankfein is reportedly considering leaving by the end of this year; American Express plans to reduce its merchant fees to stay competitive.

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Reg reform for manufactured home sellers sparks loan steering debate

03/12/18

A provision in the Senate's regulatory relief bill that would give manufactured housing retailers more leeway to make financing recommendations has consumer advocates concerned about potential lending abuses, while the industry contends it simply levels the playing field with real estate agents and homebuilders.

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Dems' Dodd-Frank clash, Bank of Amazon and Fintechs to Work For: Top stories of the week

03/09/18

Democratic infighting over a bill to curb the reach of the Dodd-Frank Act dominated discussion this past week, but Amazon still made waves in its disruptor role. Also: Our 'Best Fintechs to Work For' debuted.

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Midterm elections lurk in background of reg relief debate

03/08/18

The Senate legislation could be crucial for three moderate Democrats backing the bill who are up for re-election this fall, although the package has divided the party more broadly.

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Senate prepares to end week without vote on Dodd-Frank relief

03/08/18

Unable to come to an agreement on which and how many amendments will be offered to a Dodd-Frank regulatory relief bill, the Senate will have to return next week before voting on the legislation.

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Wells asked to stay off campus; banks want bigger student loan share

03/08/18

Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.

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Odds of changing reg relief bill are long, but many keep trying

03/07/18

More than 50 amendments had been filed by Wednesday afternoon to be considered as part of a Senate regulatory relief bill, but it was unclear which proposed changes if any have the approval of the legislation's key sponsors.

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Mulvaney’s idea for curbing CFPB’s clout: Hand it to other agencies

03/07/18

The Dodd-Frank Act consolidated massive authority under the Consumer Financial Protection Bureau, but acting Director Mick Mulvaney wants the bureau to take a back seat to states and other federal regulators.

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Cohn resigns; Dodd-Frank rollback bill moves forward

03/07/18

Economic adviser leaves after President Trump announces steel tariffs; Senate votes to begin debating Dodd-Frank changes, which are expected to pass later this week.

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