Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with the Financial Choice Act and sent it to the House floor for an up or down...
There is some concern that widespread financial regulations like Basel III may lead economies to lose sight of FinTech innovation and overall economic growth. Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Chamber of Commerce released...
The Trump administration and Carl Icahn, Trump’s chief advisor on financial regulation, are squarely opposed to the financial regulation put in place under the Obama administration, but whether or not they may want it repealed isn’t as cut and dry. That’s according to Barney Frank,...
Last week, reports emerged that the U.S. Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. According to a survey conducted by the chamber, there are negative effects of such legislative efforts, with businesses noting that...
May 09, 2017
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with the Financial Choice Act and sent it to the House floor for an up or down vote. The vote was taken along party lines and has […]
January 30, 2017
The Trump administration and Carl Icahn, Trump’s chief advisor on financial regulation, are squarely opposed to the financial regulation put in place under the Obama administration, but whether or not they may want it repealed isn’t as cut and dry. That’s according to Barney Frank, the chair of the House Financial Services Committee from 2007 […]
