Joe Mont

April 30 was the last day of service for Thomas Hoenig as vice chairman and a member of the board of directors of the Federal Deposit Insurance Corporation. Hoenig joined the board in April 2012 and served a full six-year term.

Despite successful legal challenges and a thunder-stealing rules package proposed by the SEC, the Department of Labor’s fiduciary rule isn’t dead quite yet. At least that is the hope of a last-minute legal maneuver by the AARP and three attorneys general.

SEC Chairman Jay Clayton said his agency will seek public input on a proposed fiduciary rule by supplementing public comments with short forms, multi-city roundtables, and an analysis by the Commission’s Office of the Investor Advocate.

The Supreme Court issued a ruling in the matter of Jesner v. Arab Bank, holding that Alien Tort Statute does not allow for U.S.-originated lawsuits against foreign corporations with a domestic presence.

The latest move in the ongoing chess match between Sen. Elizabeth Warren (D-Mass.) and CFPB Acting Director Mick Mulvaney is the legislator’s demand for answers to more than 100 questions relating to the Bureau’s policies and actions.

The Treasury Department this week released a new report “detailing its accomplishments in support of the President’s regulatory reform agenda.”

The recently filed Give Useful Information to Define Effective Compliance Act (or, for short, GUIDE Act), seeks to “bring predictability and transparency” to CFPB’s process of promulgating rules and guidance.

A federal court has blocked the Trump administration’s delay of a rule that updates the penalties assessed to automakers for non-compliance with federal fuel efficiency standards.