Items Tagged with 'Rulemaking'

ARTICLES

  • CFPB Sets New Policy on Ex Parte Communications

    The Consumer Financial Protection Bureau (CFPB) has released a new policy governing the disclosure of ex parte communications, or those related to the rule making process that fall out of the normal public comments channels. The agency suggests that public participation essential to their rulemaking process and working with the various stakeholders will result in promulgated rules being for efficient and effective.  As such, it is common for the CFPB staff to receive suggestions and information from different sources as they begin a rulemaking process.  At the announcement of a proposed rule, published in the Federal Registry or on the
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  • Sentors Urge Regulators to Tread Carefully with Dodd-Frank Act

    Republican Senators from the Banking, Housing, and Urban Affairs committee sent a letter to federal regulators urging them to "employ fundamental principles of good regulation" in how they are implementing new rules mandated by the Dodd-Frank Act. Noting that a recent review of Dodd-Frank rule making found that the public comment period on recent rules has been a little over 40 days, the letter reminds regulators that minimum comment period generally required is 60 days.  The Senators suggest that failure to provide sufficient time to evaluate new rules can potentially cause considerable harm to an already weak economy.  
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  • We're All Rulemakers Now

    Running a government must be like walking a tightrope, always balancing the need to dominate with the need to make constituents feel like they have the power. Fail at the first and you'll never have the power to get anything done. Fail at the second and you'll be out of power before you can get anything done. Either way, you fall off the rope.
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