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Ballard Spahr LLP

House Financial Services Committee finds savings by slashing CFPB budget

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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

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

Mayer Brown

Fed Chair Powell's Update on Basel Endgame

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Join us for the latest episode of Financial Services Focus for a discussion of Federal Reserve Chair Jerome Powell’s recent Humphrey-Hawkins testimony before the House Financial Services Committee and Senate Banking...more

Ballard Spahr LLP

CFPB issues semi-annual report to Congress; CFPB Director Chopra to appear before House and Senate committees this week

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Last week, the CFPB issued its Semi-Annual Report to Congress covering the period beginning April 1, 2023 and ending September 30, 2023. On June 12, 2024, CFPB Director Chopra is scheduled to appear before the Senate Banking...more

Cadwalader, Wickersham & Taft LLP

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

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

Cadwalader, Wickersham & Taft LLP

Congressional Hearings Calling Federal Regulators to Task for Recent Bank Failures

Both the Senate Banking Committee and House Financial Services Committee held hearings this week on the federal regulatory response to the failures of Silicon Valley Bank (“SVB”) and Signature Bank. Witnesses at both hearings...more

Brownstein Hyatt Farber Schreck

Tax & Financial Services Week Ahead, May 9, 2022

The House and Senate will reconvene Tuesday at 2 p.m. and Monday at 3 p.m., respectively....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

CFPB issues Fall 2019 Semi-Annual Report to Congress

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

Ballard Spahr LLP

Director Kraninger testifies at House and Senate hearings

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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

Ballard Spahr LLP

Democrats criticize Director Kraninger at Senate Banking Committee hearing

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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

McGuireWoods LLP

This Week in Congress: Sept. 2018 #1

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Congress returns from recess this week. The House and Senate convene today at 2 p.m. and 3 p.m., respectively. Grab some popcorn and settle in for the Senate Judiciary Committee’s hearing today for Judge Brett Kavanaugh,...more

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