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Senate Republicans Block Infrastructure Plan Debate, for Now

Senate Republicans Block Infrastructure Plan Debate, for Now
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Fans and Foes of OCC True Lender Rule Spar at Senate Committee "Rent-a-Bank" Hearing | Ballard Spahr LLP

As discussed in our
earlier blog, the Senate Banking, Housing and Urban Affairs Committee held a hearing on April 28, 2021 entitled “The Reemergence of Rent-a-Bank?”.
The hearing focused primarily on the
final “True Lender” rule issued by the OCC on October 27, 2020, which was effective December 29, 2020. The True Lender rule clarifies when, under existing law, a national bank is the “true lender” that makes a loan in the context of an arrangement between the bank and a non-bank entity that facilitates or services the loan. Since the non-bank entity frequently is a fintech, these arrangements often are referred to as bank-fintech partnerships or marketplace lending arrangements. Democrats have launched an ....

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Senators Talk GameStop, Meme Stocks, Payment for Order Flow and More

Who gets to define best execution? Is T+1 or T+2 better for market stability? What even is payment for order flow? The Senate Banking Committee tackled all these questions and more at a dynamic Tuesday morning hearing. ....

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Gary Gensler (SEC), Rohit Chopra (CFPB) play it safe at confirmation hearing

Gary Gensler (SEC), Rohit Chopra (CFPB) play it safe at confirmation hearing
complianceweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from complianceweek.com Daily Mail and Mail on Sunday newspapers.

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Gary Gensler (SEC), Rohit Chopra (CFPB) play it safe in confirmation hearings

There were few surprises Tuesday during the Senate confirmation hearing for President Joe Biden’s nominations to lead the SEC (Gary Gensler, pictured) and CFPB (Rohit Chopra). ....

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