Compliance

The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders
The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders that accused the government of overstepping its authority when redirecting the government-sponsored enterprises’ profits to the Treasury Department following the 2008 enactment of federal... Keep Reading....
The U.S. Court of Appeals for the District of Columbia Circuit has ruled in an 8-3 judgment that the single director leadership structure of the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution
A legal challenge by a New York City credit union against President Trump’s appointment of Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB) was thrown out of court.   According to a Reuters report, U.S. District Judge Paul Gardephe in Manhattan dismissed the... more
The Consumer Financial Protection Bureau (CFPB) has quietly shifted the control of its Office of Fair Lending and Equal Opportunity (OFLEO) under the direct authority of Acting Director Mick Mulvaney
The Consumer Financial Protection Bureau (CFPB) has quietly shifted the control of its Office of Fair Lending and Equal Opportunity (OFLEO) under the direct authority of Acting Director Mick Mulvaney.   News of this shift was first reported by The Intercept, which obtained an interoffice CFPB e-... more
The final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) chaired by Janet Yellen resolved to keep rates at their current level
The final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) chaired by Janet Yellen resolved to keep rates at their current level.   “In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds... more
The U.S. Court of Appeals for the District of Columbia Circuit has ruled in an 8-3 judgment that the single director leadership structure of the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution
The U.S. Court of Appeals for the District of Columbia Circuit has ruled in an 8-3 judgment that the single director leadership structure of the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution, overturning an earlier court ruling that stated the opposite. The court... more