While the future of health care legislation has been dominating headlines, some quiet but important developments in Washington regarding the future of
Dodd-Frank Act reform was one of President Trump’s campaign promises, as he considered it a restraint on credit availability and, thus, a drag on
On July 15, 2010, the United States Senate passed the House-approved Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"), which was signed by President Obama on July 21, 2010.
On January 6, the federal financial regulators, including the Federal Reserve, the FDIC, the OCC, the OTS, the National Credit Union Administration and the Federal Financial Institutions Examination Council State Liaison Committee, issued an advisory regarding the management of interest rate risk.
On November 10, 2009, Senate Banking Committee Chairman Christopher Dodd released a discussion draft of proposed legislation to reform financial regulation.
As we previously reported here, President Obama has proposed a broad overhaul of the federal financial regulatory system.