Law and regulation

At CFPB, bitter feelings about final Cordray maneuver

11/28/17

Employees at the Consumer Financial Protection Bureau are privately questioning why outgoing director Richard Cordray abruptly tapped a 34-year-old chief of staff with no enforcement, supervisory, or legal experience to head the embattled agency after he resigned.

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Montgomery's FHA nomination clears committee, headed to full Senate

11/28/17

The Senate Banking Committee voted to advance the nomination of Brian Montgomery to serve as commissioner of the Federal Housing Administration, despite ongoing criticism from some Democrats that he is too close to the financial services industry.

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Ex-comptroller Thomas Curry joins Boston law firm Nutter

11/28/17

The former OCC head and Massachusetts banking commissioner will co-lead Nutter's financial services practice.

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Otting takes reins from Noreika at OCC

11/27/17

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

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CFPB leadership case assigned to Trump-appointed judge

11/27/17

Leadership at the Consumer Financial Protection Bureau is expected to be resolved quickly after a federal court Monday assigned a judge appointed by President Trump to resolve a lawsuit over who will become the agency's acting director.

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Legal clash looms over CFPB leadership

11/24/17

There is a possibility that there could soon be two individuals declaring themselves the rightful leader of the Consumer Financial Protection Bureau.

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CFPB’s constitutionality question doesn’t end with Cordray’s departure

11/22/17

The outcome of a case testing the president's power to fire a CFPB director will come too late to impact Richard Cordray, but may affect President Trump's interim and final picks to lead the agency.

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Ripple adds former NYDFS head to board of directors

11/21/17

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules.

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Zions seeks removal of SIFI status

11/20/17

The $65 billion-asset company intends to shed its holding company and then will petition regulators to reconsider its designation as a systemically important financial institution.

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Time running out on banks' push to preserve popular tax credit

11/17/17

The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and low-income communities won’t be funded.

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