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Administrative Appointments U.S. Treasury

Ballard Spahr LLP

Trump Administration to withdraw McKernan’s nomination to serve as CFPB Director

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President Trump will withdraw Jonathan McKernan’s nomination as CFPB Director, as he nominates him as the Treasury Department’s Undersecretary of Domestic Policy, the New York Times and Law360 reported....more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2025 # 2

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Ballard Spahr LLP

Trump nominates former FDIC Board Member Jonathan McKernan to head CFPB

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President Trump has nominated Jonathan McKernan to be the Director of the CFPB. ...more

Troutman Pepper Locke

Treasury Secretary Bessent to Appoint Rodney E. Hood as First Deputy Comptroller of the OCC

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On February 7, Secretary of the Treasury Scott Bessent announced that he will appoint Rodney E. Hood as a Deputy Comptroller and designate him as the First Deputy Comptroller of the Office of the Comptroller of the Currency...more

Ballard Spahr LLP

President Trump fires Rohit Chopra as Director of the CFPB and appoints Treasury Secretary Bessent as acting director

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Although many pundits speculated that President Trump would appoint Russell Vought as Acting Director once Vought is confirmed by the Senate to be Director of OMB, the CFPB reported today that, on January 31, Trump actually...more

Ballard Spahr LLP

Andrea Gacki, Former Director of OFAC, Appointed Director of FinCEN

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Yesterday, the Department of the Treasury announced that Andrea Gacki, who had been serving as the Director of the Office of Foreign Assets Control (OFAC), has been appointed as the Director of the Financial Crimes...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, May 20, 2022

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The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing on the following nominations: The Honorable Michael S. Barr, of Michigan, to be a Member and Vice Chairman for Supervision of the Board of...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, May 19, 2022

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Congress - U.S. House of Representatives - Committee on Small Business - Committee Holds Hearing on Oversight of SBA Office in Charge of Loan Programs...more

Cadwalader, Wickersham & Taft LLP

The Biden Administration: Key Treasury and IRS Positions

President Joe Biden recently announced nominees for key posts in the Treasury Department...more

A&O Shearman

US Financial Crimes Enforcement Network Names Kenneth Blanco Director

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The US Department of the Treasury announced Kenneth A. Blanco as Director of FinCEN, a bureau in Treasury’s Office of Terrorism and Financial Intelligence...more

Ballard Spahr LLP

Prosecutor Kenneth A. Blanco Named as Incoming Head of FinCEN

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The U.S. Department of Treasury has issued a press release naming Kenneth A. Blanco as the incoming Director of the Financial Crimes Enforcement Network, or FinCEN. ...more

Ballard Spahr LLP

Trump Administration appointee to serve as OCC Acting Comptroller

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The Treasury Department has issued a press release announcing that Treasury Secretary Mnuchin plans to appoint Keith A. Noreika as a Deputy Comptroller and designate him the First Deputy Comptroller of the OCC.  Effective May...more

A&O Shearman

President-Elect Trump Announces Nominations for Treasury Secretary and Commerce Secretary

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Over the past month, President-elect Donald Trump has made several selections for key administration posts. Notably, President-elect Trump said he would nominate Steven Mnuchin to serve as Treasury Secretary. Mnuchin was the...more

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