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Connecticut AG Adds Independent Enforcement Authority for Dodd-Frank Actions | JD Supra
JD Supra· 3 days agoCongress passed the Act in the wake of the 2008 financial crisis. Among other things, the Act restricts banks’ ability to trade with their own funds (i.e., the Volcker Rule), increases government ...
‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 2 days agoThe decision was widely expected on the basis of oral argument. But the judgement matters. In...
Terry Savage: Deadline for applications for student loan forgiveness extended
Chicago Tribune· 4 days agoConsumers just got some good news about a student loan forgiveness extension and about protections...
SCOTUS Opines in Favor of CFPB on Constitutionality of Funding | JD Supra
JD Supra· 5 days agoSCOTUS' 7-2 majority upholds the CFPB's funding structure mandated under the Dodd-Frank Wall Street Reform ...
The Third Attempt: Banking Agencies Revive Incentive-Based Compensation Rules for Financial...
JD Supra· 5 days agoThe Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Federal Housing Finance Agency (FHFA) and the National Credit Union Administration ...
Supreme Court Rules That the CFPB Is Constitutionally Funded | JD Supra
JD Supra· 5 days agoIn an opinion joined by six other Justices, Justice Thomas explained that Congress, through the Dodd-Frank Wall Street
Supreme Court Upholds CFPB Funding Structure as Constitutional | JD Supra
JD Supra· 5 days agoOn May 16, 2024, the U.S. Supreme Court issued its decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd. In an opinion by Justice Thomas ...
Supreme Court’s Decision Preserving Senator Warren’s Consumer Finance Regulator Sets ‘Dangerous’...
The New York Sun· 5 days agoThe Supreme Court’s decision on Thursday in shooting down a challenge that could have upended the...
Stephen L. Carter column: The Supreme Court just handed another loss to Congress
The Daily News· 4 days agoThe result isn’t wrong, and should even have been expected; but the implicit invitation to Congress...
DOJ Launches Pilot Program to Encourage Reporting of Criminal Activity | JD Supra
JD Supra· 3 days agoThe Department of Justice (DOJ) has announced a pilot program to encourage potential whistleblowers to report criminal activity and cooperate with government investigations in exchange for substantial ...