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Volume 21 - Number 2

January 25, 2010

CFPA, OCC under New Federal Agency?

A proposed federal consumer protection agency may wind up being part of a new super-regulatory agency under a compromise proposed by Sen. Richard Shelby, R-AL, ranking minority member on the Senate Committee on Banking, Housing and Urban Affairs. The proposal is reportedly under discussion by Senate banking committee staff as part of emerging legislation that would put the kibosh on lending...

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The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

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