Tags » Dodd-Frank Act

‘You’re Fired,’ Trump Should Tell Richard Cordray

Under a dubious statute, the CFPB head can be dismissed only for cause—but there’s plenty of it.

By David B. Rivkin Jr. and Andrew M. Grossman… 966 more words

Politics

Conflict Minerals Rule and Pay Ratio Rule... Are Changes Forthcoming?

Conflict Minerals Rule

Acting SEC Chairman Michael S. Piwowar issued a statement[1] on January 31, 2017 directing the SEC staff to reconsider whether the 2014 Guidance is still appropriate and whether any additional relief is appropriate. 407 more words

Disclosure Matters

Proposed Deregulation of the Financial Sector: Commentary and Analysis

The looming deregulation of the banking sector under the Trump administration poses a real and tangible risk to the integrity and sustainability of global financial markets. 791 more words

Business

DC Federal Appeals Court Grants CFPB’s Request for a Hearing Before the Full Court

While the Trump administration looks to pass legislation aimed at Dodd-Frank and the Consumer Financial Protection Bureau (“CFPB”), a lawsuit involving the extent of the CFPB’s authority and whether it can impose a $109 million penalty on a group of companies is continuing to be fought in a D.C. 288 more words

CFPB

Neil Mohindra: Why Canada’s financial stability means doing the opposite of Dodd-Frank

The Canadian government has initiated a five-year review of financial-sector legislation. A Department of Finance consultation paper is asking how the financial-sector framework could best promote competition, including by encouraging new entrants and fostering the growth of small entities. 634 more words

FP Comment

Capitalist No More: The New American Economy

I attended a local forum group yesterday at my local library, the topic was “The Economy under a Trump Presidency.”  The panel consisted of three men of varying backgrounds, all from the area:  an economics professor, a former Tea Party member, and the county Democratic Chair.   393 more words