Beginning November 17th, long-time Deputy Enforcement Director for Strategy and Policy Kristen Donoghue will assume a promotion to the Assistant Director of Enforcement for the Consumer Financial Protection Bureau (CFPB). Donoghue has worked in the agency’s...
The Federal Reserve recently published findings from its Survey of Consumer Finances, a review of household finances and wealth conducted every 3 years. While the survey generally shows wealth nearing pre-recession levels, it does highlight a growing wealth gap...
In a recent letter, the United States Office of Special Counsel (OSC) found that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray did not violate the Hatch Act, a federal law that prohibits federal employees from engaging in certain political...
NAFSA COO & General Counsel Joe Sarcinella is representing the organization this week at the Native American Contractors Association’s (NACA) Federal Contracting Policy and Advocacy Conference in Washington, D.C. Although NACA is generally focused on boosting...
President Trump announced on Thursday that former investment banker and current Federal Reserve Board Governor Jerome Powell would succeed Janet Yellen early next year to become the next Chair of the Federal Reserve. Powell will still need to be confirmed by the...
Following its razor-thin passage in the Senate last week, President Trump is expected to sign the repeal of the Consumer Financial Protection Bureau’s (CFPB) arbitration rule today after both houses of Congress voted to block the implementation of the rule via the...
