Interim Consumer Financial Protection Bureau Director, Mick Mulvaney, penned an Op-Ed for the Wall Street Journal. The theme was similar to a strongly worded memo sent to CFPB staff the same day. Acting Director Mulvaney slammed the "mission" of the agency under his predecessor while laying out a new governing philosophy for the bureau.
On Jan. 9, 2018, the U.S. Senate released its updated committee ratios and assignments which now reflect the Senate’s 51-49 breakdown and newly-elected Senators Doug Jones (D-Ala.) and Tina Smith (D-Minn.)
On Dec. 12, 2017, Federal Judge Naomi Reice Buchwald for the Southern District Court of New York dismissed a lawsuit filed by the New York State Department of Financial Services (NYDFS) which sought to block fintechs from being able to acquire special purpose national bank charters.