Rep. Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, on Tuesday morning announced the GOP’s much-anticipated and much-talked about proposed alternative to Dodd-Frank, entitled the Financial CHOICE Act.
Read More »Will Dodd-Frank be Out of the Picture Soon?
While Republicans have been trying to roll back parts of the Dodd-Frank Act since it was passed in 2010, in the next couple of weeks they have promised that some massive reform proposals are coming.
Read More »The CFPB’s Tough Month of April
Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.
Read More »GOP Just Keeps Pushing Financial Reform
Republicans have been trying to chip away at Dodd-Frank almost since the law was enacted nearly six years ago. But lately they have made a more intense push, and they won a victory in the House of Representatives recently.
Read More »How Did the Financial Crisis Change the Fed’s Role?
New York Fed President and CEO Bill Dudley discussed some of the regulatory responses to the crisis that changed the way the central bank supervises institutions, including changes brought on by Dodd-Frank.
Read More »Lawmakers at Odds Over Dodd-Frank Act
Republicans have always been critical of the controversial Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, but lately they have turned up the heat with their criticism as the Obama Administration winds down.
Read More »House Committee Chairman Promises ‘Bold and Better’ Alternative to Dodd-Frank
Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, delivered a public address on Tuesday on the committee’s plan to offer what he terms a “bold and better” alternative to the Dodd-Frank Act, according to an announcement from the committee.
Read More »House Committee Determines Dodd-Frank Limits Americans’ Financial Freedom
Hensarling went on to say that Dodd-Frank exemplifies the "insidious belief" among those in Washington that the American people cannot be trusted to make financial decisions, so Washington must do it for them.
Read More »Witnesses at House Committee Hearing Testify of Dodd-Frank’s Adverse Effects
Witnesses at a recent House Financial Services Committee hearing testified the Dodd-Frank Act has "reduced financial stability" and made Americans worse off financially in the controversial law's first five years of existence. The hearing, titled "Dodd-Frank Five Years Later: Are We More Stable?" was the first in a series of three full Committee hearings to examine the impact Dodd-Frank has had on American consumers and the country's financial system and economy since President Obama signed it in to law in July 2010.
Read More »Five Star Partners With Industry to Launch Mortgage Diversity Council
The AMDC's goal is to drive results that support the application and promotion of the mortgage industry's best diversity practices, and advancing solutions that support initiatives outlined by Section 342 of the Dodd-Frank Act–which focuses on minority and inclusion rules that call for greater supply chain diversity and greater diversity in hiring and promoting in the workforce.
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