- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The recent 233–186 House vote on the Financial CHOICE Act wasn’t neatly divided along parties. Rep. Walter Jones was the sole Republican who voted against the legislation, citing veterans' concerns.
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A recent Senate Banking Committee hearing on “Fostering Economic Growth” showed that regulators are not entirely opposed to a regulatory rollback. Their thoughts are inside.
The Supreme Court rejected a claim that the Consumer Financial Protection Bureau’s funding mechanism is unconstitutional, removing a legal challenge that had the potential to overturn all the agency’s regulations and enforcement actions.
Federal regulators adopted a notice of proposed rulemaking on incentive-based compensation requiring large banks to make their executive compensation arrangements “more sensitive to risk.”
