Regulatory Oversight, Financial Services Committee, Senate Banking Committee

House Financial Services Committee finds savings by slashing CFPB budget

Ballard Spahr LLP on 5/6/2025

The House Financial Services Committee has approved its part of the massive budget bill, saving some $1 billion by, among other things, slashing the CFPB’s budget by more than 60%....more

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

Ballard Spahr LLP on 12/18/2024

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

FRB, FDIC, OCC and NCUA Testify at Congressional Oversight Hearings

Cadwalader, Wickersham & Taft LLP on 11/17/2023

This week, the Senate Banking Committee and the House Financial Services Committee held oversight hearings with leaders of the Federal Deposit Insurance Corporation (“FDIC”), Federal Reserve Board (“FRB”), the National Credit...more

CFPB issues Fall 2019 Semi-Annual Report to Congress

Ballard Spahr LLP on 2/6/2020

The CFPB has issued its Fall 2019 Semi-Annual Report to Congress covering the period April 1, 2019 through September 30, 2019. ...more

Director Kraninger testifies at House and Senate hearings

Ballard Spahr LLP on 10/18/2019

CFPB Director Kraninger was the sole witness at a House Financial Services Committee hearing thsi week on the Bureau’s Spring 2019 semi-annual report and at a Senate Banking Committee hearing yesterday on the report. ...more

Democrats criticize Director Kraninger at Senate Banking Committee hearing

Ballard Spahr LLP on 3/13/2019

Director Kraninger was sharply criticized by Democrats at today’s hearing on the Bureau’s semi-annual report held by the Senate Banking Committee....more