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Orrick, Herrington & Sutcliffe LLP

Musk and Powell trade points on Fed staffing

On March 3, Elon Musk, who has been leading the efforts at DOGE, posted on a social media platform that the Fed was “absurdly overstaffed.” Musk has reportedly sought to reduce federal government spending under President...more

Orrick, Herrington & Sutcliffe LLP

Congressional Financial Services Committee members pen letter to CFPB requesting explanation for a $0 funding request

On February 11, the ranking members from both the House Committee on Financial Services and the House Subcommittee on Financial Institutions sent a letter to CFPB Acting Director Russell Vought expressing concerns regarding...more

Pillsbury Winthrop Shaw Pittman LLP

New Congress, More Scrutiny? Preparing for Congressional Oversight and Investigations

With unified Republican control and President-elect Trump in the White House, the new 119th Congress is certain to launch a wave of oversight activities. Organizations should prepare now for a high-stakes and unpredictable...more

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