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
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
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
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
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