Treasury Secretary Timothy Geithner warned lawmakers on Monday that attempts to weaken the nation’s financial regulatory framework will hurt the best-managed firms. In a speech at the International Monetary Conference on Monday in Atlanta, Geithner scolded Republican lawmakers for trying to “starve regulatory agencies” and using the confirmation process to block appointments to gain leverage in shaping the rules under the Dodd-Frank law. “It won’t be successful and the attempt will risk greater damage,” he said.

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CFPB to consider changing or eliminating TRID rule

The CFPB has been taking a long, hard look at some of its rules and regulations. Next up on its list to review is TRID, and it looks like eliminating the rule entirely is not off the table.

Nov 20, 2019 By
3d rendering of a row of luxury townhouses along a street

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