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Tag Archives: Dodd-Frank

Friday, May 17, 2013

House Subcommittee finds “too big to fail” still problematic for U.S.

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The House Oversight and Investigations Subcommittee recently concluded its review of “too big to fail” on Wednesday, finding Dodd-Frank did little to end TBTF but “enshrined it” instead. “Title II of Dodd-Frank, which created the Orderly Liquidation Authority, made government … Read More…

Thursday, May 16, 2013

NAFCU survey: Nearly half of all credit unions to quit offering non-qualified mortgages

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A recent survey by the National Association of Federal Credit Union’s Economic and CU Monitor found that 44 percent of credit unions plan to quit offering loans that are not “qualified mortgages” under the CFPB’s ability-to-repay rule. Nearly 93 percent … Read More…

Monday, May 13, 2013

HFSC passes legislation on Dodd-Frank, JOBS Act, SEC accountability

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The House Financial Services Committee passed a number of bills last week designed to address Dodd-Frank’s derivatives provision, implement the JOBS Act and promote enhanced accountability at the SEC. Many critics maintain that Dodd-Frank’s derivatives provision could have unintended consequences. … Read More…

Monday, May 13, 2013

American Enterprise Institute paper: Dodd-Frank may exacerbate “too big to fail” problem

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A recent paper from the American Enterprise Institute found that while Dodd-Frank was designed to eliminate America’s “too big to fail” problem, struggling credit unions could be put out of business, thereby exacerbating the problem. If community banks are forced … Read More…

Thursday, May 9, 2013

Treasury Secretary Lew answers questions over role of FSOC

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U.S. Treasury Secretary Jack Lew, who also chairs the Financial Stability Oversight Council, answered questions during a Wednesday hearing regarding the role of the FSOC, adding that clarification for the implementation of Dodd-Frank rules is necessary. Sen. Mike Johanns (R-Neb.) … Read More…

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