The Federal Reserve Board has announced the repeal of one regulation and revisions to another as part of an effort to transfer certain consumer protection rule-writing authority to the Consumer Financial Protection Bureau.
Joe Mont
Posted inUncategorized
Net neutrality repeal creates political chasms, raises regulatory conundrums
The FCC has voted 3-2 to repeal so-called net neutrality. Next up: political battles and regulatory confusion.
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Justice Dept., AGs, protest ‘bureaucratic sleight-of-hand’ in CFPB battle
The legal battle over leadership of the Consumer Financial Protection Bureau has escalated, with both the Department of Justice and a coalition of Republican attorneys general entering the fray.
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Battle lines solidify ahead of ‘net neutrality’ vote
Amid still-growing controversy, the Federal Communications Commission is readying itself for a ‘public’ hearing on one of the most controversial topics it has ever weighed in on: “net neutrality.”
Posted inData Privacy
Financial services firms buckle down on data security
There is no single solution to prevent the many flavors of cyber-crime. Private enterprise and the government, however, should do a better job of working together.
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Amid uncertainty, SEC entrance into Fiduciary rule saga takes shape
While the Labor Department’s Fiduciary rule for investment advice remains uncertain amid lawsuits and Congressional attacks, the SEC prepares to issue its own version.
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House bill seeking clarity on joint employer standard passes
The House of Representatives, by a vote of 242-181, approved a bill that seeks to overturn an Obama administration NLRB ruling that redefined longstanding policies regarding joint employer status.
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Government’s drone plans keep buzzing along
The Department of Transportation is giving the commercial use of drones a boost, announcing a new pilot program for testing and validating operations throughout the country.
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Dudley readies departure from New York Fed
New York Fed President William Dudley has announced he intends to retire from his position in mid-2018. He shared some early parting thoughts regarding regulatory responses to the Financial Crisis.
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How financial regulation will evolve under Fed Chairman Powell
If confirmed by the Senate, President Trump’s decision to promote Fed Governor Jerome Powell to chairman will further his deregulatory agenda, albeit in a kinder, gentler way.
