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21 Sep 2016, 7:45 am by Ed. Microjuris.com Puerto Rico
By Jennice Fuentes / Fuentes Strategies The Congressional Task Force on Puerto Rico’s Economic Development released a progress report last week, as mandated under the PROMESA law, that did not include any specific policy recommendations. [read post]
20 May 2011, 8:29 am by James Hamilton
The legislation would replace the Bureau’s single Director with a board of directors to oversee the Bureau, subject the Bureau to the Congressional appropriations process, and establish a safety-and-soundness check for prudential regulators. [read post]
23 Aug 2019, 8:54 am by Jonathan Shaub
Instead, they would have to take personal responsibility for their refusal to comply with a congressional subpoena. [read post]
10 Jan 2018, 7:13 am by Elizabeth A. Khalil
(Also, at least through January 19, a Congressional budget amendment, the Rohrabacher-Blumenauer Amendment, limits the ability of the DOJ to use federally-appropriated funds to prosecute state-legal medical marijuana activity.) [read post]
15 Mar 2016, 6:01 pm by Frank Pasquale
Of course, this would also prove much more costly for borrowers, as we’ve already seen when banks were the middlemen in student loans. [read post]
30 Mar 2014, 6:01 pm by Rory Little
The answer flows from the Supreme Court’s longstanding apparent hostility to the broad federal mail fraud statute, and repeatedly expressed concerns that statutory interpretation ought not “federalize” broad areas of criminal law without clear congressional statements. [read post]
15 Feb 2011, 3:44 pm by James Hamilton
According to the Chairman, Dodd-Frank placed the Bureau within the purview of the Federal Reserve Board without any Congressional oversight or financial accountability guiding the Bureau’s actions. [read post]
10 Oct 2019, 8:00 pm by Howard Bashman
” Corinne Ramey of The Wall Street Journal reports that “Deutsche Bank Doesn’t Have Trump’s Tax Returns, Appeals Court Says; Ruling came in broader legal battle involving congressional subpoenas to banks for president’s financial information. [read post]
18 Sep 2008, 1:07 pm
By Alan White At a Congressional hearing yesterday the major banks that now control most of the mortgage servicing in the U.S. made it clear that they are very unlikely to write down the mortgage balances of homeowners facing foreclosure. [read post]
30 Sep 2008, 8:31 pm
The investment banks now holding mortgage-backed securities play the role of the bank of the United States. [read post]
22 Sep 2008, 7:15 pm
On March 6, 1933, President Roosevelt declared a week-long "bank holiday" that resulted in Congressional reform of the national banking system through passage of the National Bank Act of 1933. [read post]
13 Jun 2009, 11:25 am
“The Illinois senator’s 2008 financial disclosure statement shows he sold mutual-fund shares worth $42,696 on Sept. 19, the day after then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke urged congressional leaders in a closed meeting to craft legislation to help financially troubled banks. [read post]
1 Sep 2009, 3:42 am
The Division will again focus on high-impact cases involving voting rights, housing, employment discrimination, bank lending and Congressional redistricting. [read post]
27 Dec 2008, 7:06 am
CHRIS DODD UPDATE: Dodd’s mortgage problems make a WTIC list of top Connecticut news stories of the year: As chairman of the Senate Banking Committee, Connecticut Sen. [read post]
26 Jun 2014, 10:19 pm by James Hamilton
The Congressional spotlight has shone strongly on the Financial Stability Board over the designation of  non-bank financial firms, particularly asset management firms, as systemically important financial firms (SIFIs) by the Dodd-Frank created Financial Stability Oversight Council (FSOC). [read post]
9 Nov 2022, 12:15 am
  The OCC's rulemaking effort, however, came to naught when it was nullified the following year pursuant to the Congressional Review Act. [read post]
10 Mar 2017, 4:25 am by Broc Romanek
Thursday’s bills, which the panel approved as a single package by voice vote, is significant because they are among the first of several deregulatory measures congressional Republicans are expected to advance this Congress. [read post]