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Compliance

Kraninger Nomination Clears Senate Hurdle
The nomination of Kathy Kraninger to become the next Director of the Consumer Financial Protection Bureau (CFPB) came closer to being achieved when Senate Majority Leader Mitch McConnell (R-KY) filed a procedural motion
The nomination of Kathy Kraninger to become the next Director of the Consumer Financial Protection Bureau (CFPB) came closer to being achieved when Senate Majority Leader Mitch McConnell (R-KY) filed a procedural motion for the full Senate to vote on the nomination.   According to a Washington... Keep Reading....
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A coalition of more than 20 financial and real estate trade organizations called on the U.S. Senate to confirm Kathy Kraninger as the next Director of the Consumer Financial Protection Bureau (CFPB)
 A coalition of more than 20 financial and real estate trade organizations called on the U.S. Senate to confirm Kathy Kraninger as the next Director of the Consumer Financial Protection Bureau (CFPB). Kraninger was confirmed by the Republican-controlled Senate Banking Committee in August by a 13-12... more
Sherrod Brown
 Sen. Sherrod Brown (D-OH), the ranking member of the Senate Banking Committee, is reportedly considering a run for his party’s 2020 presidential nomination.   According to a Columbus Dispatch report, Brown claims that he has been hearing “sort of a crescendo” of interest from voters who believe he... more
Swiss-based bank UBS’ announcement that the Department of Justice (DOJ) was preparing a civil action related to 40 residential mortgage-backed securities (RMBS) deals from 2006 through 2007 came to fruition sooner than later
 Swiss-based bank UBS’ announcement that the Department of Justice (DOJ) was preparing a civil action related to 40 residential mortgage-backed securities (RMBS) deals from 2006 through 2007 came to fruition sooner than later.   The DOJ filed a lawsuit in federal court for the Eastern District of... more
With Rep. Maxine Waters (D-CA) poised to take the chairmanship of the Financial Services Committee when the Democrats regain control of the House of Representatives, Rep. Patrick McHenry (R-NC) is seeking to become the committee’s ranking member
 With Rep. Maxine Waters (D-CA) poised to take the chairmanship of the Financial Services Committee when the Democrats regain control of the House of Representatives, Rep. Patrick McHenry (R-NC) is seeking to become the committee’s ranking member.   According to a report in The Hill, McHenry is the... more

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