Kathleen Kraninger gave her testimony before the Senate Banking Committee on Thursday during a hearing on her nomination to lead the Bureau of Consumer Financial Protection. Here are the details.
Read More »Powell Makes a Case for Gradual Rate Hikes
In his second Congressional Testimony, Fed Chair Jerome Powell gave an upbeat assessment of the U.S. economy and an outlook on the Fed’s monetary policy. Here are the details.
Read More »Banking Committee Votes Aye on Clarida Nom
The nominations of Richard Clarida for Vice-Chairman of the Fed and Michelle Bowman for Member of the Board of Governors of the Fed is now headed for a Senate vote. Click through for the details.
Read More »Industry Reacts to Brian Montgomery as FHA Commissioner
After months of delays, Brian Montgomery’s nomination for Assistant Secretary for Housing-Federal Housing Commissioner, U.S. Department of Housing and Urban Development, has finally been approved by the Senate ...
Read More »Mulvaney Lays Out CFPB’s “New Approach”
In a testimony before the House Financial Services Committee, the Acting Director of the consumer watchdog said that the bureau would work in several new ways to bring more transparency in its responsibility towards consumers.
Read More »Dodd-Frank Modification Bill to Benefit Small Lenders
The United States Senate today voted to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the ...
Read More »Senate Debates Dodd-Frank Modifications on Way to Full Vote
On Wednesday, the Senate entered its second day of debate over the Economic Growth, Regulatory Relief, and Consumer Protection Act. The bill enacts modifications to the Dodd-Frank Wall ...
Read More »Exploring the Impact of Proposed Housing Finance Reform
According to an analysis by the Urban Institute, proposed housing finance changes being discussed by the Senate Banking Committee would provide better-targeted support for low- and moderate-income (LMI) ...
Read More »Back to Business: Congress Passes Funding Resolution
This is a developing story, please check back for updates. 6:24 p.m. CST The House has voted and approved stopgap spending bill to fund the government through February 8. ...
Read More »House to Revote on Tax Reform Bill
While the Senate voted on the bill Tuesday evening, a technicality is forcing the House to revote on the bill Wednesday morning before it can head to President Trump for signing.
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