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By Lauren Calhoun |
May 14, 2012
With a long to-do list and a director in place, the folks at the Consumer Financial Protection Bureau are off and running. Interestingly, they are off and running on a different path than traditional federal agencies.
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By Claude R. Marx |
January 9, 2012
President Obama circumvented Senate Republicans and made a recess appointment of Richard Cordray to run the Consumer Financial Protection Bureau. In making the appointment he explained that we “shouldn’t be weakening oversight and accountability, we should be strengthening it–especially when it comes to looking out for families."
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By Claude R. Marx |
July 27, 2011
It may be one of the few times when a faculty position at Harvard Law School is a consolation prize
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By Claude R. Marx |
April 19, 2011
Deputy secretary says new CFPB will allow other regulators to focus on core missions, expand consumer choice and be accountable to Congress.
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By Claude R. Marx |
April 13, 2011
Less than four months into her tenure as chairman of the House subcommittee with primary jurisdiction over credit unions and other financial institutions, Rep. Shelley Moore Capito (R-W.Va.) has already tackled a wide range of issues.
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By Claude R. Marx |
March 11, 2011
Saying it will be the “start of a robust discussion,’’ on the set up of the Bureau of Consumer Financial Protection, House Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito announced an oversight hearing next Wednesday.
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By Claude R. Marx |
January 6, 2011
Rep. Barney Frank, the top Democrat on the House Financial Services Committee, invoked images of the Wild West in blasting efforts by Rep. Michele Bachmann (R-Minn.) to repeal the financial overhaul bill passed last year.
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By Claude R. Marx |
July 15, 2010
The regulatory overhaul bill came a step closer to final passage today when the Senate voted 60-38 to end a Republican-led filibuster.
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By Claude R. Marx |
July 15, 2010
Congress completed work today on what some said is the most comprehensive financial regulatory bill since the New Deal when the Senate approved the measure 60 to 39.
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By David Morrison |
July 7, 2010
Death and taxes kept the effort to reform the nation's financial industry regulations from passage last week as the unexpected exit of the longest serving U.S. senator confused and delayed the bill's supporters.
