Financial Regulation

Republicans in Congress—joined by President Trump—are eager to destroy many financial regulations promulgated under President Obama.

Updates | The Week of January 22, 2018

1/28/18  //  Daily Update

The Senate confirmed Jerome Powell to replace Janet Yellen as chair of the Federal Reserve chair.

Update | The Week of November 27, 2017

12/4/17  //  Daily Update

The Federal Reserve vice chairman urged central banks to "tread cautiously" with digital currencies.

Jeffrey Stein

Columbia Law School

Update | Week of October 30, 2017

11/6/17  //  Daily Update

The Trump Administration has taken dozens of deregulatory executive actions. Thanks to a series of resignations, President Trump has a rare opportunity to reshape the Federal Reserve’s board of governors.

Zachary Piaker

Columbia Law School

Updates | The Week of October 23, 2017

10/31/17  //  Daily Update

The future of many of Dodd-Frank's key provisions remains unclear. The President narrowed his picks for Fed Chairman down to two. Vice President Pence broke a tie in the Senate to repeal the CFPB final arbitration rule.

Updates | The Week of October 16

10/21/17  //  Daily Update

President Trump has reportedly narrowed his search for Federal Reserve chairman to five candidates. White House economic adviser Gary Cohn said that Congress was nearing a deal to ease Dodd-Frank banking rules by the end of 2017; the Treasury Department is considering whether to recommend eliminating rules under Dodd-Frank related to liquidating failing banks

Updates | The Week of September 25, 2017

10/1/17  //  Daily Update

The SEC is still investigating the extent of the 2016 hack, while CFPB head Richard Cordray warned credit rating agencies to brace for increased cybersecurity regulation.

Versus Trump: Trump vs. The CFPB

8/24/17  //  Commentary

On this week’s episode of Versus Trump, Jason and Charlie talk about the Trump Administration's position in a lawsuit contending that the structure of the Consumer Financial Protection Bureau—commonly known as the CFPB—is unconstitutional, because its sole director does not serve at the pleasure of the President but instead serves a set term and can be terminated only for-cause. Listen now!

Charlie Gerstein

Civil Rights Corps

Jason Harrow

Equal Citizens

The Blind Side In Trump’s War On The Administrative State

4/17/17  //  Commentary

Neomi Rao’s nomination to serve as Administrator of the Office of Information and Regulatory Affairs (OIRA) is part of Trump and Bannon’s war on the administrative state.

Leah Litman

U.C. Irvine School of Law

Ian Samuel

Harvard Law School

Updates | The Week of April 3, 2017

4/9/17  //  Daily Update

President Trump is taking an active approach to combat what he views as unfair trade practices. This will likely affect U.S. trade with China.

Updates | The Week of July 31, 2017

8/6/17  //  Daily Update

Administration officials met with Senate leaders on the possibility of raising the debt ceiling. The Comptroller of the Currency will not seek repeal of the CFPB's mandatory arbitration rule.

Updates | The Week of July 3, 2017

7/9/17  //  Daily Update

MetLife continues to fight the government over its designation as "systemically important."

Updates | The Week of June 12, 2017

6/18/17  //  Daily Update

The Federal Reserve raised the benchmark interest rate. The Treasury Department issued a report recommending rollbacks of Dodd-Frank. Meanwhile, Treasury Secretary Mnuchin walked back a statement he made last year that the president's tax plan would offer no absolute tax cuts to the wealthy.

Updates | The Week of July 17, 2017

7/23/17  //  Daily Update

The Acting Comptroller of the Currency asked the CFPB to delay publication of its final arbitration rule. Commentary continued on President Trump's appointees to key regulatory positions.

Updates | The Week of May 1, 2017

5/7/17  //  Daily Update

The Senate passed the $1.1 trillion funding bill passed in the House.

Updates | The Week of July 10, 2017

6/27/17  //  Daily Update

President Trump's new nominee to the Federal Reserve must build consensus in order to make major rules changes. The Department of Labor has no plans to enforce the "fiduciary rule" on retirement savings.

Updates | The Week of June 5, 2017

6/11/17  //  Daily Update

President Trump decided to nominate Joseph Otting as Comptroller of the Currency.

Updates | The Week of April 10, 2017

4/16/17  //  Daily Update

President Trump retreated on a campaign promise to eliminate the Export-Import Bank, and commentators urged against politicization of the Federal Reserve.

Updates | The Week of July 24, 2017

7/30/17  //  Daily Update

The House voted to repeal a CFPB rule that protects consumers' rights to bring class actions against banks.

Updates | The Week of October 2, 2017

10/8/17  //  Daily Update

The Senate confirmed Randal Quarles as the Federal Reserve's vice chairman for supervision.

Updates | The Week of March 20, 2017

3/26/17  //  Daily Update

The Trump administration newly argued that the Consumer Financial Protection Bureau is unconstitutional. Experts offered competing analyses.

Helen Klein Murillo

Harvard Law School '17

Updates | The Week of May 8, 2017

5/14/17  //  Daily Update

The House took a first step towards dismantling Dodd-Frank.

Updates | The Week of April 24, 2017

4/30/17  //  Daily Update

Last week, President Trump signed an executive order requiring the Treasury Department to review certain regulations associated with Dodd-Frank.