Law and regulation

Ex-OCC head returns to law firm Simpson Thacher

01/08/18

Keith Noreika, who made waves during his brief stint as acting Comptroller of the Currency, has rejoined Simpson Thacher Bartlett as a partner.

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Longtime Hensarling aide named CFPB's chief of staff

01/05/18

Kirsten Sutton Mork, the House Financial Services Committee's staff director, will become chief of staff at the Consumer Financial Protection Bureau.

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GOP senator wants probe into vetting of CFPB deputy

01/05/18

Sen. Ron Johnson, R-Wis., has called for an investigation into how CFPB Deputy Director Leandra English was approved for a permanent civil service job at the agency.

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Ex-regulator, cybersecurity expert join PNC board

01/04/18

In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.

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Trump administration must back CFPB action against PHH, top Democrat says

01/04/18

Sen. Sherrod Brown called on the Trump administration to support the Consumer Financial Protection Bureau's enforcement action against PHH Corp., which agreed to a $45 million settlement this week related to foreclosure abuses.

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SunTrust names Ellen Fitzsimmons of CSX as top lawyer

01/04/18

The railroad industry executive will replace Raymond Fortin as general counsel

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Tax law likely to spur crisis in affordable housing

01/03/18

The tax law is expected to eliminate 300,000 affordable housing units over 10 years in part because it will reduce the value of banks’ low-income tax credits, which finance half of all affordable housing units.

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OCC names agency veteran to run economic research divisions

01/02/18

The Office of the Comptroller of the Currency said Tuesday that Norman Williams will oversee the three research and analysis divisions that assess financial and economic risks to banks.

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CFPB launches online tools for HMDA reporting

12/27/17

The Consumer Financial Protection Bureau on Wednesday launched a rate spread calculator and validation tool for financial companies reporting Home Mortgage Disclosure Act data starting Jan. 1.

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Interest rate trading revenue dipped in 3Q: OCC

12/26/17

Banks reported $6.4 billion in trading revenue in the third quarter, down 3.6% from the previous quarter, on falling interest rate and foreign exchange revenue, the Office of the Comptroller of the Currency said.

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