We recently wrote about the August 15th D.C. Circuit Court of Appeals decision in the lawsuit brought by the labor unions representing CFPB employees against Acting Director Russell Vought. The unions sought injunctive relief in response to what they described as an attempted “shutdown” of the Bureau. In a 2–1 ruling, the Court of Appeals vacated a preliminary injunction issued by the District Court.… Continue Reading| Consumer Finance Monitor
Republican senators on the Banking, Housing and Urban Affairs Committee are asking banking regulators to review their process of using Matters Requiring Attention (MRA) in the bank supervisory process. “If used effectively, these are valuable supervisory tools that can mitigate broader issues and maintain financial stability,” 11 GOP senators said in aletterto the FDIC, OCC and the Federal Reserve.… Continue Reading| Consumer Finance Monitor
Thirty-two attorneys general representing states, territories and Washington, D.C. are asking Congress to pass legislation to provide financial| Consumer Finance Monitor
Thinking through the post-award experience from a pre-award vantage Picture this – you work at a nonprofit and have a big, audacious project that you are looking to get off the ground. You are carefully researching different funding sources and feel strongly that federal grant funding will help provide the financial boost that you need […]| RBW Strategy
The U.S. Supreme Court has overturned a case that, for nearly four decades, mandated that courts defer to federal agencies’ interpretations of the statutes they oversee.| CalChamber Alert