Items Tagged with 'Financial regulation'

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Federal Trade Commission chair Edith Ramirez resigns

President-elect Trump will staff another top financial regulator
Recently, Mary Jo White announced that she planned to step down as the chair of the SEC at the end of the Obama administration. President-elect Donald Trump selected Jay Clayton, a top Wall Street lawyer who represented Goldman Sachs, Bear Stearns, Ally Financial, Barclays Capital and others, to serve as the new chair of the SEC. Now, another one of the Obama administration’s top financial regulators announced that she plans to step down, giving Trump another opportunity to pick the new head of a financial regulator.
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SEC Enforcement Director Andrew Ceresney stepping down

SEC’s top cop to leave at year-end
Last month, Mary Jo White, the chair of the Securities and Exchange Commission, announced that she planned to step down at the end of the year, clearing the way for President-elect Donald Trump to choose new leadership for the financial regulator. Now, another of the SEC’s top positions is about to be vacant, as Andrew Ceresney, the SEC’s enforcement director, announced that he plans to step down at the end of the year as well.
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CFPB nearly doubled enforcement actions in 2015

Wall Street Journal reports on growing CFPB caseload
If you thought the Consumer Financial Protection Bureau made more headlines in 2015 than ever before, you were right. According to a report from the Wall Street Journal, the CFPB brought nearly twice as many enforcement actions during 2015 than it did in 2014.
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Congratulations, Mr. Watt — now lower the rent

Federal regulators urge funding for National Housing Trust Fund
Before Mel Watt could even get his name plate on the door as head of the Federal Housing Finance Agency, top federal regulators are already urging him to end contributions to the National Housing Trust Fund and the Capital Magnet Fund.
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