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Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – August 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

Troutman Amin LLP

COMMISSION GUTTED?: Rumors and Withdrawals Suggest FCC May Soon Be Unable To Act

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So it is being reported by Communications Daily that FCC Republican Commissioner Nathan Simington is expected to either leave the agency or announce his imminent departure this week. ...more

Womble Bond Dickinson

Delay! Delay! Delay! FCC Commissioners Starks and Simington Announce Departure from FCC, Leaving FCC Without a Quorum

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Federal Communications Commission Commissioners Geoffrey Starks and Nathan Simington have each announced that they are departing from the FCC on Friday, June 6. Effective with their departures, the FCC will be down to only...more

Cadwalader, Wickersham & Taft LLP

Vice Chair Brainard Resigns from Fed to Head Up NEC

Federal Reserve Board (“FRB”) Vice Chair Lael Brainard submitted her resignation from the FRB earlier this week, effective on or about February 20. Vice Chair Brainard is resigning from the FRB to become President Biden’s...more

Orrick, Herrington & Sutcliffe LLP

Wilson to resign as FTC commissioner

On February 14, FTC Commissioner Christine Wilson announced plans to leave the agency. Wilson penned a Wall Street Journal op-ed, in which she took issue with a number of FTC Chair Lina Khan’s initiatives, including Khan’s...more

Orrick, Herrington & Sutcliffe LLP

Jelena McWilliams to resign as FDIC chairman

On December 31, Jelena McWilliams announced her resignation as FDIC Chairman effective February 4. McWilliams, who was appointed in 2018, noted in her resignation letter to President Biden that throughout her tenure at the...more

Ballard Spahr LLP

David Silberman resigns from CFPB

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David Silberman, who has served as the CFPB’s Associate Director for Research, Markets, and Regulations since 2011, announced that he has left the agency to become a part-time senior advisor to both the Center for Responsible...more

Ballard Spahr LLP

NY DFS Superintendent Vullo announces departure plans

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Maria Vullo, the current Superintendent of the New York Department of Financial Services, has announced that she will leave DFS on February 1, 2019. ...more

Ballard Spahr LLP

Federal court asked to decide who is CFPB Acting Director

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Last Friday, November 24, effective at midnight, Richard Corday resigned as CFPB Director.  Earlier in the day, the CFPB issued a press release announcing that Mr. Cordray had named Leandra English, the CFPB’s Chief of Staff,...more

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