There has been a slow start to financial regulatory reform under the Trump Administration, but the conversation is now changing in ways that are serious and thoughtful. This note highligh...
A revised version of the Financial CHOICE Act (commonly referred to as CHOICE Act 2.0) was passed by the House Financial Services Committee last week on a strictly partisan vote and will ...
President Trump issued a Presidential Memorandum last Friday, April 21, which directed the Treasury Secretary to conduct a review of the Orderly Liquidation Authority (OLA). OLA was estab...
As the second quarter of 2017 comes to a close, we have updated our brief deck summarizing the leadership and staffing changes among federal financial regulators, including announced nom...
Davis Polk partner Randall Guynn served as editor of Regulation of Foreign Banks & Affiliates in the United States (ninth edition), which discusses federal and state laws governing fore...
A newly leaked memo outlines the changes to be made in the next version of Rep. Jeb Hensarling’s CHOICE Act, including changes to the core regulatory off-ramp provision and to stress te...
There is a world of difference between the initial public perceptions and the actual text of the executive order. The elegantly written Executive Order, sets forth a series of core princi...
For our view that there is unlikely to be a dramatic shift in the Dodd-Frank regulatory paradigm, but that there are plenty of very good reasons to engage in a serious rebalancing of rece...
House Speaker Paul Ryan’s A Better Way policy agenda states that “it is time for serious and fundamental reform” of how regulations are made. The House of Representatives is conside...
Early press accounts of President Trump’s regulatory moratorium are highly misleading for financial sector regulations. On Friday, White House Chief of Staff Reince Priebus issued a me...