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Biden Administration Financial Institutions Financial Markets

WilmerHale

2024 CFTC Year in Review: An Overview of a Transitional Year

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Coming off a busy 2024, we expect that 2025 will be a landmark year for the Commodity Futures Trading Commission (CFTC or Commission). Rostin Behnam’s resignation as Chairman on January 20 marked the end of the Biden...more

Robins Kaplan LLP

Markets Revert to Recent Form as Pessimism Takes Hold

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Back at it. Hope all had a great Memorial Day break. Despite our first week of gains on the Street in a good long while, pessimism is the name of the game for most in the U.S. economy at the moment. Front and center: the...more

Robins Kaplan LLP

Peloton Reels from Big Quarterly Losses

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Peloton’s quarterly earnings report showed that the company’s early-pandemic boom times are now firmly behind it, as the connected fitness bike maker delivered losses of $757 million for the first three months of 2022—“far...more

Goodwin

CFPB Launches New Initiative Focused on Rural Communities

Goodwin on

In This Issue. The Consumer Financial Protection Bureau (CFPB) announced a new initiative focused on financial issues faced by rural communities and also updated its examination procedures to cover unfair discrimination; the...more

Robins Kaplan LLP

Biden Pledges to Fight Inflation in SOTU Address

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President Biden made fighting inflation one of the cornerstones of his State of the Union last night, highlighting the economic progress the country’s made in the past year while stressing efforts to stem rising prices. The...more

Robins Kaplan LLP

Financial Daily Dose 8.5.2021 | Top Story: Robinhood Stock Surges a Week After Its Dismal Debut

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Robinhood, the trading app that helped facilitate the pandemic-era rise of meme stock craziness, has gone meme-level itself this week, with its shares rising more than 65% at one point on Wednesday before Nasdaq briefly...more

Jones Day

Biden's Executive Order on Climate-Related Financial Risk: What's Next for Financial Institutions?

Jones Day on

President Biden issued an Executive Order asking the Secretary of the U.S. Department of the Treasury to work with the Financial Stability Oversight Council to assess risks that climate change poses to the financial system....more

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