Mnuchin Confirmation Hearing Recap
“We will work diligently to limit regulations, lower taxes on hardworking Americans and small businesses, and get the engine of economic growth firing on all cylinders once again,” Mnuchin said. On January 19, 2017, the latest of Trump nominees faced his...
The Two Men with the Power to Shape Regulation of Tribal Lending
Senator Mike Crapo (R-ID) and Representative Jeb Hensarling (R-TX) couldn’t be more different in personality. Crapo is a soft-spoken, unassuming career politician from the mountain west. First elected in 1984, the Harvard law-educated Crapo has been an Idaho state...
Regarding the December 22 Supreme Court of California Ruling
Washington, DC – On December 22nd, the Supreme Court of California [ruled] that various affiliated online payday loan entities of the Miami Tribe of Oklahoma and Santee Sioux Nation of Nebraska are not entitled to tribal immunity for violations of the California...
The Latest on Fintechs and the Office of the Comptroller of the Currency
Washington, DC January 13, 2017 – The Office of the Comptroller of the Currency (“OCC”) signaled that it is advancing on its proposal to explore the issuance of limited-purpose bank charters to financial technology (“fintech”) firms engaged in banking. On...
