//  10/21/17  //  Topic Update

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 Hill).

Congress has until November 13 to pass a disapproval resolution under the Congressional Review Act to override the CFPB arbitration rule (Consumer Finance Monitor).

  • Additionally, finance industry groups have filed a lawsuit to overturn the final arbitration rule (Consumer Finance Monitor).

Randal Quarles has been confirmed as a Federal Reserve Governor, but he is only filling a stub term of three months, rendering him an immediate lame duck, writes Peter Conti-Brown at Notice & Comment.

President Trump has reportedly narrowed his search for Federal Reserve chairman to five candidates (WSJ).

The Court should not reward the SEC for flouting administrative due process, writes Ilya Shapiro for the Harvard Law Review Blog, commenting on Digital Realty Trust v. Somers.

The Treasury Department is considering whether to recommend eliminating rules under Dodd-Frank related to liquidating failing banks (NYT).

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.