Items Tagged with 'deregulation'

ARTICLES

  • U.S. Treasury boasts deregulation reform accomplishments

    Says reducing unnecessary burdens will lead to economic growth
    Tuesday, the U.S. Department of the Treasury released a 21-page report entitled Regulatory Reform Accomplishments Under President Trump’s Executive Orders, which, as the title suggests, details the actions it has taken toward decreasing regulations.
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  • Mulvaney unveils sweeping plan to dramatically alter CFPB

    Mulvaney: We commit to the CFPB’s statutory responsibilities, but will go no further
    Over the past few months, Mick Mulvaney has provided smaller indications about how much differently the Consumer Financial Protection Bureau will function under his leadership than it did under the bureau’s former director, Richard Cordray. But Monday, Mulvaney fully revealed his plan to dramatically alter how the CFPB operates.
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  • HUD to consider eliminating manufactured housing regulations

    Launches comprehensive review of manufactured housing rules
    The Trump administration’s deregulatory efforts have officially come to the Department of Housing and Urban Development. HUD announced on Thursday that it is launching a “wholesale review” of its manufactured housing rules as part of a “broader effort to identify regulations that may be ineffective, overly burdensome, or excessively costly given the critical need for affordable housing.”
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  • S&P: Impact of CFPB shakeup, deregulation will be limited for mortgage servicers

    Trump administration’s changes will not undo years of heavy regulation
    Given the Trump administration’s stated mission of decreasing regulations, it’s a fairly safe bet that whoever Trump picks as CFPB director will have a vastly different view of regulation than former director Richard Cordray did. But what will the impact of that looming deregulation have on mortgage servicers? Not very much, according to a recent report from S&P Global Ratings.
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  • President Trump promises to lift regulations for community banks

    Holds listening session with small banks across country
    President Donald Trump held a listening session Thursday to hear from community banks about their struggles with regulations. He assured the bankers that a rollback in regulations is coming soon, and that community banks could soon hold a seat once again on the Federal Reserve Board.
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  • What does Trump's SEC chair choice think about deregulation?

    WSJ provides inside look at Jay Clayton’s likely approach
    President Donald Trump recently selected a new leader for one of the government’s top financial regulators, nominating top Wall Street lawyer Jay Clayton to serve as the chair of the Securities and Exchange Commission. But what does Clayton think about the current state of financial regulations? Here's a glimpse.
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  • Monday Morning Cup of Coffee: Was TRID worth it?

    Plus a window into the credit invisible
    For businesses in the mortgage space, there's some optimism of late thanks to the Trump administration's emphasis on deregulation. And that's understandable. But what about all the time, energy, and money that the industry spent over the last few years dealing with a glut of new regulations? Was it all worth it?
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  • Trump moving forward with Dodd-Frank rollback plans

    Expected to sign executive order today requiring review of financial laws
    President Donald Trump is expected to move forward with his plans to roll back the Dodd-Frank Wall Street Reform Act by signing an executive order requiring a review of the comprehensive set of financial laws enacted after the crisis. According to Gary Cohn, a former top exec at Goldman Sachs and the White House National Economic Council Director, the move is the first of many designed to overhaul Dodd-Frank.
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  • Your handy guide to all of Trump's promised deregulation

    Fitch Ratings report highlights potential impact
    One of the many promises that Donald Trump made as a candidate was a massive deregulation effort. Now that he is president, Trump is indeed following through and leading a massive deregulation effort. And while there are many moving parts still to be sorted out, it’s clear that deregulation in some form is likely, if not a sure thing. But what will the impact of that deregulation be?
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