Items Tagged with 'Financial Regulator'


  • 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 lays out 9-point plan to reshape financial industry

    Cordray shares 9 goals CFPB hopes to achieve within 2 years
    The five-year anniversary of the Consumer Financial Protection Bureau is coming up this summer. Yet the CFPB is far from being done. This week, CFPB Director Richard Cordray laid out a series of goals for how the CFPB wants the financial industry to operate within the next two years. Here they are.
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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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  • Fed regulators feel stifled

    New survey reveals demoralized workforce
    Regulators that oversee the nation's largest financial institutions feel stifled by their bosses and are afraid to speak out, according to a recently revealed survey.
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  • Tighter Regulation of Non-Banks Urged

    As the House considers a bill that would impose hefty taxes on bonuses paid to employees by firms that have received significant amounts of government aid, the administration might soon be requesting "resolution authority" to step in and effectively seize troubled companies, according to recent statements by President Barack Obama.
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