Items Tagged with 'Congress'

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Wall Street Journal editorial lauds Republican plan to abolish Dodd-Frank

"Regulators are no better than bankers"
Count the Wall Street Journal editorial board among the supporters of the Republican-crafted plan to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act. In an editorial published on Sunday, the Wall Street Journal editorial board calls the Republican plan a "promising idea" that would "promote economic growth and protect taxpayers"
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Inside the foundation-shattering Republican plan to abolish Dodd-Frank

Includes ending 'too big to fail', dramatic overhaul of CFPB
If House Financial Services Committee Chairman Rep. Jeb Hensarling, gets his way, Tuesday, June 7, 2016 will soon be remembered as the day that the death clock started on the Dodd-Frank Wall Street Reform and Consumer Protection Act. Here's an in-depth look at the Republican-crafted plan to fundamentally change how the CFPB, the FHFA, and the country's entire financial system, functions.
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GOP to reveal plan to replace Dodd-Frank

Would require boost in capital
About a week after sharing his dislike for Dodd-Frank regulation, Representative Jeb Hensarling proposed his alternative. This new proposed regulation would require banks to increase their capital, but provide a way out of Dodd-Frank regulation. Here are the details.
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Are Richard Cordray's days as CFPB director numbered?

Growing momentum in Congress to replace current leadership structure
In his nearly three years as the director of the Consumer Financial Protection Bureau, Richard Cordray made friends and enemies on both sides of the aisle in Congress, on Wall Street and beyond. But several new reports suggest that Cordray's time as CFPB director, at least as the role is currently constructed, could be ending soon.
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Republicans set to unveil plan to replace Dodd-Frank

Hensarling: Dodd-Frank "stands as a monument to the arrogance and hubris of man"
Later this year, the Dodd-Frank Wall Street Reform and Consumer Protection Act will reach its sixth anniversary, unless Congressional Republicans get their way. They would hate to see Dodd-Frank reach anniversary number seven judging by this recent, fiery speech. Here's what their replacement would look like.
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Carol Galante: While FHA Actuarial Report brings good news, 3 challenges still remain

The job's not over
While today’s news makes clear that FHA and its dedicated personnel have remained vigilant in safeguarding the FHA for future generations, the job of mopping up from this terrible housing crisis and recession is not done. The FHA has an obligation to the American people to do more. FHA, with the help of Congress, must urgently address three key challenges.
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House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Defying the threat of a White House veto, the House on Wednesday afternoon passed bipartisan legislation to help homebuyers avoid delays and disruptions when closing on their new homes by a bipartisan vote of 303-121. Here's what happens next.
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