Post Tagged with: "Hudson Cook LLP."

Mick Mulvaney, acting director of the CFPB, photo by Gage Skidmore via Flickr.

3 Possible Resolutions CFPB’s Mulvaney Has for 2018

As I was thinking about the things I want to accomplish personally in the new year, I pondered what the Consumer Financial Protection Bureau’s Acting Director Mick Mulvaney might be thinking about for the direction of bureau’s activities in 2018. As such, I am suggesting three resolutions Mulvaney might considerRead More

Compliance Insider: Choice 2.0 … Again

Compliance Insider: Choice 2.0 … Again

The House Financial Services Committee’s (HFSC) worked on the Financial Choice Act (“Choice Act 2.0”) in April, based on an earlier version from the last Congress (Choice Act 1.0). As often is the case in Washington, what is true today may not be tomorrow, and the landscape for financial reformRead More

Compliance Insider: Another Step Too Far

Compliance Insider: Another Step Too Far

The Consumer Financial Protection Bureau recently issued a proposed rule to regulate “Payday, Vehicle Title, and Certain High-Cost Installment Loans.” It purports to cover two categories of loans: Among other things, the proposed rule looks to treat both categories of loans as illegal to the extent the lender does notRead More

Compliance Insider: Please Pass the Gravy

Compliance Insider: Please Pass the Gravy

On Feb 18, Consumer Financial Protection Bureau Director Richard Cordray made remarks to the American Constitution Society (ACS) regarding the ills of mandatory pre-dispute arbitration clauses, in particular, those containing class-action waivers. It was a friendly audience; the ACS is the liberal corollary to the conservative Federalist Society. Put anotherRead More

Compliance Insider: Blurred Lines

Compliance Insider: Blurred Lines

By “blurred lines,” I don’t mean the controversial, chauvinistic and wildly successful hit song by Robin Thicke/T.I./ Pharrell Williams (and Marvin Gaye?). Artistic license in music and lyrics is a component of the craft. The same can’t be said, however, for government speech. Any government pronouncement should clearly express itsRead More