Tag Archives: Dodd-Frank

SBREFA Process is Too Rushed, GAO Report Finds

More than two-thirds of small business entities that participated in the Consumer Financial Protection’s Bureau’s Small Business Regulatory Enforcement Fairness Act panels said that they feel the process is rushed, according to a report released today by the Government Accountability Office.

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Trades Ask Congress to Rein in CFPB’s Insurance Overreach

The American Bankers Insurance Association and several other trade associations today wrote to Rep. Jeb Hensarling (R-Texas), encouraging him to include language in his Financial Choice Act that would clarify an exemption provided in the Dodd-Frank Act for state-regulated insurance products.

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ABA Publishes Staff Analysis of Financial Choice Act

ABA has published a staff analysis of the Financial Choice Act, a nearly 500-page bill introduced by Rep. Jeb Hensarling (R-Texas) aimed at rolling back the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks of all sizes.

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Fed Approves U.S. Banks’ Capital Plans

The Federal Reserve today approved the capital plans of 30 out of 33 large banks participating in the Comprehensive Capital Analysis and Review. Only two banks -- both foreign -- saw their plans rejected, while one U.S. bank won a conditional “non-objection.”

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