Tag Archives: AB – Policy & Regulation

CFPB plans to review Qualified Mortgage, Card Act rules

Rohit Chopra, the director of the Consumer Financial Protection Bureau, said the bureau plans to conduct a review of the Qualified Mortgage rule and credit card rules.  In a blog post on Friday, Chopra announced that the bureau will take a fresh look at Trump-era changes to underwriting standards in the QM rule and two […]

Banking committee advances Fed, FHFA nominees after GOP boycott ends

WASHINGTON — The Senate Banking Committee approved the confirmation of the Biden administration’s nominees for the Federal Reserve Board and Federal Housing Finance Agency Wednesday evening, ending a weekslong Republican boycott. In an executive session, the committee voted to advance Jerome Powell as the Fed’s chair, Lael Brainard as vice chair, and Lisa Cook and […]