News & Analysis as of

Senate Banking Committee Biden Administration

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

Brownstein Hyatt Farber Schreck

Tax & Financial Services Week Ahead - February 28, 2022

The House and Senate will reconvene Monday at 2 p.m. and 3 p.m., respectively.  What to Watch - Both chambers return to Washington after an eventful week away from Capitol Hill. ...more

Brownstein Hyatt Farber Schreck

Tax & Financial Services Week Ahead - November 15, 2021

The House and Senate will reconvene Monday at 6:30 p.m. and 3 p.m., respectively.  What to Watch This afternoon, President Joe Biden signed into law the Infrastructure Investment and Jobs Act—the bipartisan infrastructure...more

Brownstein Hyatt Farber Schreck

Tax & Financial Services Week Ahead - November 29, 2021

The House and Senate will reconvene Tuesday at 2 p.m. and Monday at 3 p.m., respectively.  What to Watch - On Friday, Nov. 19, the House passed the Build Back Better Act 220-212. The only House Democrat to vote against...more

Ballard Spahr LLP

Senate Banking Committee holds hearing on Chopra nomination

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Despite expectations to the contrary, Rohit Chopra faced little in the way of hostile questioning by Republican members of the Senate Banking Committee at the hearing yesterday on his nomination by President Biden as CFPB...more

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