Senate Banking Committee Names New Chairman – NMP Skip to main content

Senate Banking Committee Names New Chairman

Phil Hall
Jan 04, 2017
The American Land Title Association (ALTA) has announced the appointment of Elizabeth Blosser as its new director of grassroots and state government affairs

Sen. Mike Crapo (R-ID) has been named the new chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs Committee. He replaces Sen. Richard Shelby (R-AL), who is required to step down from the chairmanship due to Senate term limit rules, but who will remain as a committee member.

Three Republican senators are joining the committee as new members: Sens. John Kennedy (R-LA), David Perdue (R-GA) and Thom Tillis (R-NC) will fill GOP vacancies left by Sen. Jerry Moran (R-KS), who is moving to another committee, and the departures of retired Sen. David Vitter (R-LA) and former Sen. Mark Kirk (R-IL), who lost his 2016 re-election bid.

Sen. Sherrod Brown (D-OH) will retain his role as Ranking Member on the committee. Three new Democrats are joining the committee: Sens. Catherine Cortez Masto (D-NV), Brian Schatz (D-HI) and Chris Van Hollen (D-MD). Sen. Charles Schumer (D-NY) stepped down from the committee to focus on his new role as Senate Minority Leader, while Sen. Jeff Merkley (D-OR) is moving to another committee.

Jan 04, 2017
CFPB Seeks Insight On Creating A Fairer Mortgage Market

The Consumer Financial Protection Bureau has been actively looking to create a fairer mortgage market, free of discriminatory engagements. To do so, it issued a Request for Information to seek input on rules implementing the Home Mortgage Disclosure Act.

Regulation and Compliance
Nov 17, 2021
Regulators Renew Effort to Protect Against Foreclosures

CFPB, The Fed, FDIC and other agencies will watch for compliance with COVID-19 protections

Regulation and Compliance
Nov 10, 2021
Fed To Begin Tapering Asset Purchases by 14.3% This Month

Also sets target range for the federal funds rate at 0 to 1/4%.

Regulation and Compliance
Nov 03, 2021
CFPB Cracks Down On Discriminatory Credit Reporting For Black And Hispanic Consumers

Consumers in majority Black and Hispanic neighborhoods are far more likely to have disputes appear on their credit reports. 

Regulation and Compliance
Nov 03, 2021
CFPB Names 2 New Assistant Directors

Former Obama Administration officials will lead Supervision Policy, Enforcement divisions.

Regulation and Compliance
Oct 29, 2021
FHFA Proposes Extra Disclosure Rules For Fannie, Freddie

The proposed rule for the Enterprise Regulatory Capital Framework seeks to put Enterprises on a "level playing field" with U.S. banking requirements.

Regulation and Compliance
Oct 28, 2021