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Financial Regulatory Reform Elon Musk Consumer Financial Protection Bureau (CFPB)

Orrick, Herrington & Sutcliffe LLP

Senators Warren and Schiff pen letter to CFPB OIG on Musk’s actions

On March 26, Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA), under the jurisdiction of the Senate Committee on Banking, Housing, and Urban Affairs, requested the CFPB’s OIG investigate potential ethics violations by...more

Orrick, Herrington & Sutcliffe LLP

Congressional letter expresses concern over DOGE, Musk influence, and CFPB work stoppage

On February 11, 189 congressional Democrats sent a letter to Acting Director Russell Vought of the CFPB and Treasury Secretary Scott Bessent expressing concerns regarding the involvement of DOGE at the CFPB and the orders to...more

McGlinchey Stafford

CFPB Under Trump: Internal and External Threats Continue to Mount

McGlinchey Stafford on

A new acting director. Freezes on any rulemaking, enforcement, or supervisory activities. Attempts to dismantle the department from within. In the span of a short forty-eight hours, the CFPB has faced possibly the greatest...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Takeda has officially emerged victorious in the battle for Shire. The Japanese drug giant will pay more than $66/share to acquire Shire in a deal valued at $62 billion....more

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