Tag: Trump Administration

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Modernizing the Bank Secrecy Act: Cutting Red Tape and Ending Debanking

Debanking Bank Secrecy Act Streamlining Transaction Reporting and Ensuring Anti-Money Laundering Improvements for a New Era (STREAMLINE) Act

Congress must update the Bank Secrecy Act for the 21st century…

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Vought Charts New Path for the CFPB

From One, Many: The Consumer Financial Protection Bureau office in Washington, D.C., symbolizing the shift from a single federal regulator to dozens of state attorneys general acting as mini-CFPBs.
The Consumer Financial Protection Bureau headquarters in Washington, D.C. — once the central regulator of financial services, now overshadowed by a growing patchwork of state attorneys general enforcement.

Russell Vought signals a shift toward proportional, efficient regulation after years of CFPB overreach under Rohit Chopra.

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The CFPB’s Desperate Eleventh-Hour Overreach

Bureau to Protect Financial Consumers from the Consumer Financial Protection Bureau (BPFCCFPB)

Rohit Chopra is lashing out with desperate, partisan overreach in his final days, prioritizing political agendas over consumer protection while creating regulatory chaos and undermining the legitimacy of his tenure and that of the CFPB.