The Impact of Midterm Election Results for Financial Services
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[10 ] “CFPB Launches New Effort to Promote Competition and Innovation in Consumer Finance,” Consumer Financial Protection Bureau Press Release, (May 24, 2022), https://www.consumerfinance.gov/about-us/newsroom/cfpb-lauches-new-effort-to-promote-competition-and-innovation-in-consumer-finance/.
[11] Director Chopra’s Prepared Remarks on the Release of the CFPB’s Buy Now, Pay Later Report (September 15, 2022), https://www.consumerfinance.gov/about-us/newsroom/director-chopras-prepared-remarks-on-the-release-of-the-cfpbs-buy-now-pay-later-report/.
[12] O’Donnell, Katy, “Appeals court finds CFPB funding unconstitutional,” Politico, (October 19, 2022), https://www.politico.com/news/2022/10/19/appeals-court-cfpb-unconstitutional-00062626.
[13] Satran, Richard, “U.S. SEC embraces “regulation by enforcement” as securities industry morphs beyond rulebooks,” Reuters, (November 12, 2021), https://www.reuters.com/article/bc-finreg-sec-regulation-by-enforcement/u-s-sec-embraces-regulation-by-enforcement-as-securities-industry-morphs-beyond-rulebooks-idUSKBN2HX1OR.
[14] Remarks of SEC Chair Gary Gensler Before the Aspen Security Forum (Aug. 3, 2021), https://static.politico.com/c4/d6/5c46bb1543c792aaa5789d82af80/0803gensler.pdf.
[15] “Report on Digital Asset Financial Stability Risks and Regulation,” Financial Stability Oversight Council (October 3, 2022), https://home.treasury.gov/system/files/261/FSOC-Digital-Assets-Report-2022.pdf.
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[18] Schwartz, Brian, “How Wall Street wooed Sen. Kyrsten Sinema and preserved its multibillion-dollar carried interest tax break,” CNBC, (August 9, 2022), https://www.cnbc.com/2022/08/09/how-wall-street-wooed-sen-kyrsten-sinema-and-preserved-its-multi-billion-dollar-carried-interest-tax-break.html.
[19] Murdoch, Scott, “U.S. and China reach landmark audit deal in boon for Chinese tech companies,” Reuters, (August 26, 2022), https://www.reuters.com/markets/asia/china-asks-firms-auditors-prepare-us-checks-hong-kong-sources-2022-08-26/.
[20] “Senate passes Kennedy bill to strengthen America’s protection against fraudulent foreign companies,” Sen. Kennedy Press Release, (June 22, 2021), https://www.kennedy.senate.gov/public/2021/6/senate-passes-kennedy-bill-to-strengthen-america-s-protection-against-fraudulent-foreign-companies .
[21] “Oversight of the U.S. Securities and Exchange Commission,” U.S. Senate Committee on Banking, Housing, and Urban Affairs, (September 15, 2022), https://www.banking.senate.gov/hearings/09/08/2022/oversight-of-the-us-securities-and-exchange-commission.
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