REFinBlog

Editor: David Reiss
Cornell Law School

February 14, 2018

The “Humbled” Consumer Financial Protection Bureau

By David Reiss

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

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February 14, 2018 in CFPB | Permalink | No Comments

February 7, 2018

The Fate of CFPB’s Civil Investigative Demands

By David Reiss

  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

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February 7, 2018 in CFPB | Permalink | No Comments

February 5, 2018

Trump Wins Another Round in CFPB Fight

By David Reiss

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

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February 5, 2018 in CFPB | Permalink | No Comments

February 1, 2018

An Independent CFPB

By David Reiss

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

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February 1, 2018 in CFPB | Permalink | No Comments

January 26, 2018

Trump and the Regulation of Real Estate

By David Reiss

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

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January 26, 2018 in CFPB | Permalink | No Comments

January 12, 2018

Trump Wins Round Two At CFPB

By David Reiss

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

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January 12, 2018 in CFPB | Permalink | No Comments

December 18, 2017

Dueling Trump and CFPB Regulatory Agendas

By David Reiss

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

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December 18, 2017 in CFPB | Permalink | No Comments