Compliance

The editorial board of the New York Times accused President Trump of using an ongoing court case regarding the constitutionality of the leadership structure of the Consumer Financial Protection Bureau (CFPB)
The editorial board of the New York Times accused President Trump of using an ongoing court case regarding the constitutionality of the leadership structure of the Consumer Financial Protection Bureau (CFPB) as a springboard for what it dubbed a “bigger power play” to expand the Executive Branch’s... Keep Reading....
Sen. Ted Cruz (R-TX) has introduced legislation to shut down the Consumer Financial Protection Bureau (CFPB)
Sen. Ted Cruz (R-TX) has introduced legislation to shut down the Consumer Financial Protection Bureau (CFPB). Cruz’s bill, S.370, is mirrored in the House of Representatives with similar legislation from Rep. John Ratcliffe (R-TX). The legislation simply calls for the repeal of Title X of the Dodd-... more
Republican leaders in Congress are calling on Federal Reserve Chairwoman Janet Yellen
Federal Reserve Chairwoman Janet Yellen used congressional testimony to take umbrage at the notion that the Dodd-Frank Act negatively impacted the U.S. financial services industry.   According to Bloomberg coverage of her appearance before the Senate Banking Committee, Yellen contradicted President... more
The Senate voted Monday night to confirm former financial services industry executive Steven Mnuchin as Secretary of the Treasury
The Senate voted Monday night to confirm former financial services industry executive Steven Mnuchin as Secretary of the Treasury in a 53-47 vote that mostly adhered to party lines, with West Virginia Sen. Joe Manchin as the only Democrat voting in favor of the nomination.   Mnuchin worked at... more
The Consumer Financial Protection Bureau (CFPB) has levied a $1.75 million civil penalty against Coppell, Texas-based Nationstar Mortgage LLC
At a time when it is increasingly difficult to separate news from #FakeNews, the New York Times presented a lavish praise of the Consumer Financial Protection Bureau (CFPB) that offered little evidence of objective observation. Even worse, it intentionally failed to state well-publicized facts... more