Jay Clayton, SEC Chair Nominee, Grilled Over Wall Street Ties
Critics in the Senate, including Elizabeth Warren, worry that Clayton would have to recuse himself too often.
Trump’s Justice Department Says CFPB Should Not Be Independent
A federal court is preparing to take up the constitutionality of the consumer bureau, an agency that Republicans and financial companies have long criticized.
CFPB Barred, for Now, From Naming Company Under Investigation
The company offers pension advance products that allow consumers to receive a lump sum payment in exchange for future benefits.
Lessons From Another Prudential Scandal
A whistleblower has implicated Prudential in the Wells Fargo scandal. But it isn't the insurer's first whistleblower case.
Ex-SEC Commissioner, No Dodd-Frank Fan, Leads Trump’s Financial Agency Review
Trump named Paul Atkins, a fellow critic of the law, to lead the transition team’s review of independent financial agencies.
Trump’s Victory Will Reshape Financial Rules, Supreme Court
Trump’s victory could be a gift to banks that loathed a continuation of the Obama administration’s regulatory and enforcement policies
Annuity Group to Appeal DOL Rule Court Decision
NAFA will seek an expedited review of Judge Moss’ decision in the D.C. Circuit Court of Appeals.
DOL Rule Survives Court Challenge by Annuity Group
Washington judge rejects preliminary injunction by the National Association for Fixed Annuities.
Consequences of CFPB’s Smackdown by Court
The court’s tailored decision could limit any aftershock for future enforcement, but old cases could get a new hearing.
Senators Grill Wells Fargo CEO Over Sales Practices
The Senate banking committee condemned Wells Fargo CEO John Stumpf on Tuesday for the bank's failure to prevent abusive sales tactics.