Despite Funding Questions, CFPB to Continue Work During Government Shutdown
Despite Funding Questions, CFPB to Continue Work During Government Shutdown The Consumer Financial Protection Bureau (CFPB) told staff earlier this week that it will continue to operate, even though the government is shut down as lawmakers are at an impasse regarding...
NYDFS Superintendent Steps Down
NYDFS Superintendent Steps Down New York’s Department of Financial Services (NYDFS) superintendent Adrienne Harris is stepping down, she announced, effective next month. The former Obama administration official leaves as the longest-serving NYDFS superintendent after...
Trump Administration’s Attempts to Fire Fed’s Cook Head to Supreme Court
Trump Administration’s Attempts to Fire Fed’s Cook Head to Supreme Court Last week, the Trump administration asked the Supreme Court to immediately allow President Trump to fire Federal Reserve Governor Lisa Cook while the case against her continues in an...
OCC Greenlights Banks’ Crypto Activities
OCC Greenlights Banks’ Crypto Activities Jonathan Gould, head of the Office of the Comptroller of the Currency (OCC), said earlier this month that the crypto activities that many banks want to participate in are legally permissible. He wants to eradicate a...
