- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The House Financial Services Committee has advanced a new slate of 15 bills on to the full House and Senate for their consideration. Passage of several of the bills would offer financial institutions regulatory relief.
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The request by a group of prominent Democratic senators that the Federal Trade Commission launch rulemaking on data privacy signals Congress is not close to passing a federal law anytime soon, experts say.
The Federal Trade Commission will have its power to seek disgorgement of ill-gotten gains restored, if a bill that passed the House becomes law.
President Joe Biden has signed Congress’ repeal of the Office of the Comptroller of the Currency’s “true lender” rule issued last year in the waning months of the Trump administration.
