Senate

Joseph Otting Confirmed As Next OCC Head
Joseph Otting Confirmed As Next OCC Head
November 17, 2017  |  Bank Regulation

Joseph Otting, the former banking executive with close ties to Steve Mnuchin, the U.S. treasury secretary, was confirmed as the next U.S. Comptroller of the...

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Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
November 14, 2017  |  Regulation

A bipartisan group of U.S. senators has agreed to lift some of the financial regulations placed on regional banks following the 2008 financial crisis, according...

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Senate Votes To Strike Down CFPB Arbitration Rule
Senate Votes To Strike Down CFPB Arbitration Rule
October 24, 2017  |  CFPB

The arbitration clause rule has been formally smacked down by the U.S. Senate — after the 50-50 tie vote was broken by VP Mike Pence....

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CFPB Rule On Arbitration Possibly To Be Overturned
CFPB Rule On Arbitration Possibly To Be Overturned
September 27, 2017  |  CFPB

The U.S. Senate is expecting to overturn a new ban on banks and credit card companies requiring customers to surrender their right to sue in...

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SEC Chairman Peppered With Cybersecurity Questions By Congress
SEC Chairman Peppered With Cybersecurity Questions By Congress
September 27, 2017  |  Security & Fraud

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, who was recently interrogated in a Senate hearing over a cyberattack of the government agency’s EDGAR...

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NC Senator Tillis Argues Goldman Sachs Is In It For The Little Guy
NC Senator Tillis Argues Goldman Sachs Is In It For The Little Guy
March 27, 2017  |  Banking

North Carolina Republican Senator Thom Tillis argued last week that Wall Street bank Goldman Sachs is looking out for the little guy and has been...

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FTC Submits Progress Report To The Senate
FTC Submits Progress Report To The Senate
September 27, 2016  |  Regulation

The FTC presented a written report of its recent work to the U.S. Senate Committee on Commerce, Science and Transportation and requested changes to the...

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Senate Begs CFPB To Give Small Banks A Pass
Senate Begs CFPB To Give Small Banks A Pass
July 20, 2016  |  CFPB

The legislative and regulatory battles looming for the Consumer Financial Protection Bureau continue. The vast majority of United States senators have penned a letter urging the...

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Three Senators Call On FTC To Investigate Airbnb Services
Three Senators Call On FTC To Investigate Airbnb Services
July 15, 2016  |  Regulation

Airbnb is facing calls from three Democratic senators for the Federal Trade Commission to investigate the impact companies like it are having on the real...

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