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 Regulation | Permalink | No Comments

February 13, 2018

Trump’s War on HUD

By David Reiss

President Trump’s budget for fiscal year 2019 offers these highlights for the Department of Housing and Urban Development: The Budget reflects the President’s commitment to fiscal responsibility by reforming programs to encourage the dignity of work and self-sufficiency while supporting … Continue reading

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February 13, 2018 in Regulation | 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 Regulation | 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 Regulation | 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 Regulation | Permalink | No Comments

January 31, 2018

What Housing Finance Reform May Look Like

By David Reiss

  Senate Staff Discussion Draft #29 of the much discussed housing finance reform bill has just seen light of day. The purpose clause of the draft gives an overview of what the drafters are trying to accomplish: to offer a … Continue reading

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January 31, 2018 in Regulation | Permalink | No Comments

January 29, 2018

Bringing Housing Finance Reform over the Finish Line

By David Reiss

The Milkin Institute have released Bringing Housing Finance Reform over the Finish Line. It opens, The housing finance reform debate has once again gained momentum with the goal of those involved to move forward with bipartisan legislation in 2018 that results … Continue reading

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January 29, 2018 in Regulation | Permalink | No Comments