February 14, 2018
The “Humbled” Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is changing directions in a big way under the leadership of Mick Mulvaney as seen in its Strategic Plan for FY 2018-2022. In his opening message to the Plan, Mulvaney writes that the Plan presents an opportunity … Continue reading
February 14, 2018 in CFPB | Permalink | No Comments
February 7, 2018
The Fate of CFPB’s Civil Investigative Demands
Mick Mulvaney’s Consumer Financial Protection Bureau issued a Request for Information Regarding Bureau Civil Investigative Demands and Associated Processes: The Bureau is using this request for information to seek public input regarding the exercise of its authority to issue CIDs, … Continue reading
February 7, 2018 in CFPB | Permalink | No Comments
February 5, 2018
Trump Wins Another Round in CFPB Fight
Judge Gardephe (SDNY) ruled against the Lower East Side People’s Federal Credit Union in their suit against President Trump and Mick Mulvaney over the control of the Consumer Financial Protection Bureau. (Case 1:17-cv-09536-PGG, filed February 1, 2018) Trump has sought … Continue reading
February 5, 2018 in CFPB | Permalink | No Comments
February 1, 2018
An Independent CFPB
The United States Court of Appeals for the District of Columbia, sitting en banc, upheld the constitutionality of the structure of the Consumer Financial Protection Bureau in PHH Corporation v. CFPB, No. 15-1177 (Jan. 31, 2018). There has been a … Continue reading
February 1, 2018 in CFPB | Permalink | No Comments
January 26, 2018
Trump and the Regulation of Real Estate
I have posted my article, The Trump Administration and Residential Real Estate Finance, which just came out in Westlaw Journal Derivatives to SSRN (and also to BePress). The abstract reads, An executive order titled “Reducing Regulation and Controlling Regulatory Costs” … Continue reading
January 26, 2018 in CFPB | Permalink | No Comments
January 12, 2018
Trump Wins Round Two At CFPB
Bloomberg Law quoted me in Court Says Mulvaney Can Lead CFPB, but Legal Fight Continues. It opens, The court battle over the Consumer Financial Protection Bureau’s top leadership has shifted in the Trump administration’s favor, but continued litigation could test its … Continue reading
January 12, 2018 in CFPB | Permalink | No Comments
December 18, 2017
Dueling Trump and CFPB Regulatory Agendas
The Office of Information and Regulatory Affairs, a bureaucratic-sounding but very important office within the Office of Management and Budget, released the Trump Administration’s Introduction to the Fall 2017 Regulatory Plan last week. While Trump’s plan is heavily focused on deregulation, … Continue reading
December 18, 2017 in CFPB | Permalink | No Comments