Sep 24, 2025 | Federal Regulation, News
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...
Sep 18, 2025 | Federal Regulation, FinTech, News
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...
Sep 16, 2025 | Federal Regulation, News
Congressional Budget Cuts Signal Likely Impending Workforce Reductions at CFPB Funding cuts imposed by the budget bill that was approved by Congress and signed into law earlier this year will likely lead to more workforce reductions at the Consumer Financial...
Sep 10, 2025 | Federal Regulation, News
CFPB Issues Deregulatory Agenda For Measures Under Consideration Through May 2026 Last week, the CFPB published its long-awaited Spring 2025 Unified Agenda, which outlines 24 regulatory items the Bureau intends to consider over the next nine months. The efforts...
Sep 2, 2025 | Federal Regulation, News
Trump Attempts to Fire Fed Governor Lisa Cook, Lawsuit Pending Last week, President Donald Trump tried to fire Federal Reserve Governor Lisa Cook under the pretense of mortgage fraud allegations. Trump said the move was “effective immediately,” however, Cook’s lawyer...
Aug 27, 2025 | Federal Regulation, News
CFPB Seeking Comments on Open Banking The Consumer Financial Protection Bureau (CFPB) is issuing an Advanced Notice of Proposed Rulemaking seeking comments on its 2024 open banking rule. The comment period will last for 60 days, offering an opportunity for banks,...
Aug 21, 2025 | Federal Regulation, News
Executive Order Targets Debanking Earlier this month, President Trump signed an executive order directing federal regulators to investigate and punish banks that illegally discriminate against conservatives with fines and other penalties, continuing his...
Aug 19, 2025 | Federal Regulation, Litigation, News
Divided Federal Appeals Court Gives Go Ahead for Mass CFPB Firings Last week, a divided federal appeals court paved the way for President Trump to resume the mass firings at the Consumer Financial Protection Bureau (CFPB), ruling that the lower court that temporarily...
Aug 13, 2025 | Federal Regulation, News
CFPB Opens Comment Period to Roll Back Nonbank Supervision Regulations The Consumer Financial Protection Bureau (CFPB) has considered cutting back on the number of nonbank companies it supervises in the debt collection, auto finance, international money transfer, and...
