Independent agencies are not covered under the ‘1-for-2’ regulatory-reduction order signed by President Trump last week, confirming earlier reports. In interim guidance issued by Dominic J. Mancini, Acting Administrator, Office of Information and Regulatory Affairs, […]
Since his inauguration day Jan. 20, President Donald Trump has signed four executive orders or memoranda that have a direct impact on federal financial institution regulators. Here’s a summary of what the orders/memos stated, the […]
Restoring public accountability within federal financial regulatory agencies, and “rationalizing the federal financial regulatory framework” are two key points stated in President Donald Trump’s order on “Principles for Regulating the United States Financial System,” which […]
The federal hiring freeze appears to contain no exemption for federal independent agencies generally, or exemptions for federal financial institution regulators, according to joint guidance issued by the Offices of Management and Budget (OMB) and […]
Last month was a fairly typical January in terms of federal financial institution regulatory activity, at least based on recent history, with the Trump administration’s Jan. 20 regulatory freeze showing little comparative impact. Of course, […]
While one federal financial institution regulator has explicitly asserted its independence from the “regulatory freeze” imposed by the Trump administration on all federal agencies, the other financial regulators have not claimed the same freedom — […]
A regulatory freeze imposed by the Trump administration does not apply to the NCUA, as it is an independent federal financial regulator, but the agency will “adhere to its spirit,” according to a statement issued […]
Independent agencies — including federal financial institution regulators — are exempt from an executive order issued today that any new, proposed federal regulation would have to be offset by repeal of “at least two” existing […]
Law firms and individual attorneys offering debt relief services were sued today by the CFPB for collaborating to allegedly charge “illegal fees” to consumers seeking debt relief, the consumer agency announced today. The suit filed […]
An executive order that any new, proposed federal regulation would have to be offset by repeal of “at least two” existing regulations may not apply to independent agencies — such as most of the federal […]
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