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 […]
Tag Archives: AB – Policy & Regulation
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Mar
Mar
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 […]