Biden has empowered a crop of aggressive financial regulators. They’ll need to look beyond the banking industry and into finance’s darker corners.
CFPB
Posted inEconomic Policy
Financial Reformers to Biden: Start Nominating Regulators!
Several positions are vacant, as Wall Street reform appears to fall off the priority list.
Posted inEconomic Policy
There’s Just One Problem With Biden’s Executive Order Spree
The administration’s staffing deficiencies could imperil the entire agenda.
Posted inMoney, Politics, and Power
The Smallest Regulations Can Make a Big Difference
An obscure Consumer Financial Protection Bureau guidance will protect people from financial scams. It shows how much executive branch action matters.
Posted inLaw and Justice
Congress Looks to Judicial Overrides to Strengthen Consumer Protections
The under-utilized tool would allow Congress to reverse SCOTUS rulings that insulate lenders and corporations from regulation.
Posted inCabinet Watch
The Chopra Gambit
The nominee for Consumer Financial Protection Bureau director used his platform as a minority-party commissioner to build a profile. Democrats should do this more often.
Posted inCabinet Watch
Where We’re at on Biden’s Cabinet Picks
A roundup of the latest on who will be joining the administration
Posted inCabinet Watch
Biden Can Echo Trump’s Favorite Phrase: ‘You’re Fired’
The president-elect has the power to get rid of Trump loyalists in a number of agencies on day one.
Posted inPolitics
Wall Street’s Biggest Supporter Could Lose Her House Seat
Ann Wagner, a senior Republican on the House Financial Services Committee, is in danger of losing a seat in suburban St. Louis, despite millions in bank donations.
Posted inPolitics
Note to Biden: A President Can Do a Lot Even Without the Senate
What Trump has done inside the administrative state has been more critical than his public persona.