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Paul Hastings LLP

Daily Financial Regulation Update -- Friday March 28, 2025

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March 27, 2025- The U.S. Senate passed a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule imposing price controls on overdraft services offered by banks and credit...more

Davis Wright Tremaine LLP

Senate Moves To End "Operation Choke Point" De-Banking With New Bill—But More Protections Are Needed

Davis Wright Tremaine LLP on

Following a key hearing in February, Senate Banking Committee Chairman Tim Scott (R-SC) is seeking to protect financial freedom with the introduction of the Financial Integrity and Regulation Management (FIRM) Act. The...more

Ballard Spahr LLP

White House Republican nominees for FTC advance in Senate

Ballard Spahr LLP on

Last Wednesday, the Senate Commerce Committee voted to advance President Biden’s nominees to fill the two open Republican Commissioner seats on the Federal Trade Commission: Andrew N. Ferguson and Melissa Holyoak.  The...more

Allen Matkins

Despite Skepticism California's I-Bank Bill Moves Forward

Allen Matkins on

Recently, I have written about Senator Ben Hueso's proposal to convert the California Infrastructure and Economic Development Bank (I-Bank) as a depository institution. As a depository bank, the I-Bank would hold and lend...more

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