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Ballard Spahr LLP

Jonathan Gould confirmed as Comptroller of the Currency

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The Senate has confirmed Jonathan Gould as Comptroller of the Currency. Gould, who served as Senior Deputy Comptroller and Chief Counsel at the OCC during President Trump’s first term, was confirmed 50-45. Every Democrat...more

Ballard Spahr LLP

Republican leaders of House Financial Services Committee tell CFPB to stop issuing final rules

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The current and incoming Republican leaders of the House Financial Services Committee have asked financial regulators, including the CFPB, to stop “finalizing partisan rulemaking” over the next several weeks....more

Ballard Spahr LLP

Sen. Scott: CFPB ignoring call to pause rulemaking until Trump takes office

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Senate Banking Committee ranking Republican Sen. Tim Scott, R-S.C. said on December 11 that unlike several other regulators, the CFPB is ignoring his call to pause rulemaking until the Trump Administration takes office....more

Cadwalader, Wickersham & Taft LLP

Senate Banking Committee Clears Three Financial Regulatory Nominations, Including Michael Barr for Fed Vice Chair of Supervision

Recently, in a welcome glimmer of bipartisanship, the Senate Banking Committee voted to move three of President Biden’s financial regulatory nominees to the full Senate. ...more

Cadwalader, Wickersham & Taft LLP

Sarah Bloom Raskin Withdraws from Fed Nomination

Earlier this week, Sarah Bloom Raskin withdrew her nomination to be Vice Chair of Supervision and a Governor at the Federal Reserve Board. The withdrawal follows the boycott of Ms. Raskin’s nomination, along with four other...more

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