Government Relations Policy Updates

CFPB Structure Ruled Constitutional

Posted February 1, 2018

On Jan. 31, 2018, the full Court of Appeals for the District of Columbia Circuit ruled (7-3) that the Consumer Financial Protection Bureau’s structure is constitutional, thus reversing its previous decision in favor of PHH Corp.

McWilliams Close to Leading FDIC

Posted January 24, 2018

FDIC Chair nominee, Ms. Jelena McWilliams will not be able to take over the agency until Vice Chairman Thomas Hoenig leaves around April 2, 2018.

U.S. Senate Reshuffles Committee Rosters

Posted January 10, 2018

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.)