Rep. Ben Cline (R-VA) and House Republicans unveiled legislation on Thursday aimed at scrapping an Obama-era agency that pushes “Green New Deal”-style regulations.
In a system of competitive banking, there will always be banks that misjudge the risks they face, and sometimes this will mean they fail.
Former Rep. Barney Frank (D-MA), author of the 2010 Dodd-Frank bill, sat on the board for Signature Bank which collapsed in the wake of the Silicon Valley Bank (SVB) implosion.
The U.S. Supreme Court heard oral arguments on Tuesday in a case challenging the unchecked power of the Consumer Financial Protection Bureau.
The Supreme Court announced on Friday that it will take up a case on the constitutionality of the Consumer Financial Protection Bureau (CFPB).
Official White House records undercut a claim Joe Biden made during the fourth Democrat presidential primary debate of whipping votes for legislation that created the Consumer Financial Protection Bureau (CFPB).
President Trump chalked up another win at the CFPB last week when former deputy director Leandra English resigned and dropped her lawsuit against the White House.
President Donald Trump signed a bill on Thursday that would unravel the “Dodd-Frank disaster,” eliminating onerous regulations on community banks.
The House passed a bill to overhaul the 2010 Dodd-Frank financial legislation on Tuesday, sending the bill to President Donald Trump to sign.
The Senate passed a bill that would roll back financial regulations created by the 2010 Dodd-Frank banking overhaul.
The potential nomination of National Credit Union Administration (NCUA) chairman Mark McWatters as the director of the controversial Consumer Financial Protection Bureau (CFPB) has run into trouble as one industry group has raised public objections to him, while others are critical behind the scenes.
Federal Reserve nominee Jerome Powell got into a heated debate over bank regulation with Senator Elizabeth Warren Tuesday.
CFPB Director Richard Cordray announced that he will resign at the end of November; Republicans frequently chastised the CFPB.
The Trump administration has dragged out the process of rethinking Too Big To Fail designation for too long. It is time to act.
House Republicans will likely pass the Financial Choice Act on Thursday, legislation that would strip Dodd-Frank’s too-big-to-fail policy and curtail the Consumer Financial Protection Bureau (CFPB).
The CHOICE Act passed the House but probably is not going anywhere in the Senate.
The top Republicans on the Senate Banking Committee called on the Treasury Department Tuesday to end the policy of designating non-bank financial companies as Too Big To Fail.
Kentucky’s Sen. Rand Paul appears to be on the cusp of having the Senate and the House pass the “Audit the Fed” legislation that he and his father, former Rep. Ron Paul (R-TX), fought for to stop the Federal Reserve’s “unchecked” and “arguably unconstitutional” meddling in the free market economy.
CFPB Director Richard Cordray says the agency is proposing “a rule aimed at ending payday debt traps by requiring lenders to take steps to make sure consumers have the ability to repay their loans rule to end payday debt traps.”
The Obama Administration’s Dodd-Frank Act, passed early in his first term to supposedly punish Wall Street, has had the adverse effect of actually making billions for Wall Street hedge funds by cutting in half the percentage of Americans that could
Perry and Trump have been engaged in a rhetorical battle for weeks. At the end of Perry’s speech Wednesday at the Yale Club in New York City, he was questioned about Trump’s remarks. Grinning as he listened to the question, Perry quipped, “Let’s get a pull-up bar out there and see who can do more pull-ups,” as the audience roared with cheers.
Representative Jeb Hensarling (R-TX) urged the repeal of the Dodd-Frank Act during Saturday’s GOP Weekly Address. “Hello, I’m Jeb Hensarling, Congressman for the Fifth District of Texas and Chairman of the House Financial Services Committee. Five years ago this week
On Friday, the United States Bureau of Economic Analysis released its revised economic report for the first quarter of 2015 – and in a “surprising” and “unexpected” twist (surprising and unexpected only because Barack Obama is president and the media are constantly surprised that the Sun God cannot rain gold from the heavens), the GDP dropped -0.7%.
