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Two new bills in Congress would undermine Dodd-Franks ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.
July 22
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The Indiana Attorney Generals Office filed a lawsuit to recover $83,000 from a Spencer County (Ind.) woman they say misappropriated North Spencer County (Ind.) School Corp. funds from 2007 to 2013.
July 22 -
With the completion of Basel III final rules, regulators have at least fulfilled a Dodd-Frank Act requirement to raise capital standards. But as the financial reform law approaches its three-year anniversary on July 21, only 40% of the roughly 400 required rules have been finalized while nearly 32% have not even been proposed, according to the law firm Davis Polk.Following is a list of some of the top Dodd-Frank rules that have not yet been completed.
July 22 -
The Senate's latest proposal to break up the big banks faces an uphill battle, but FDIC Vice Chairman Thomas Hoenig still says it could have a major impact on the movement to separate big banks' commercial and investment activities.
July 19 -
Sen. Elizabeth Warren, D-Mass., was the Senate's presiding officer when lawmakers confirmed Richard Cordray as director of the Consumer Financial Protection Bureau.
July 19 -
Raj Date, the former No. 2 at the Consumer Financial Protection Bureau, was reappointed to the board of the peer-to-peer lender Prosper Marketplace, the company said Friday.
July 19 -
The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.
July 19 -
The Georgia company is finally ready to exit the Troubled Asset Relief Program, allowing executives to set their sights on increasing revenue.
July 19 -
The Federal Trade Commission's recent lawsuits against two independent sales organizations for alleged violations of the Telemarketing Sales Rule may be the "tip of the iceberg" of regulatory action against the acquiring industry.
July 19 -
The trials and tribulations of getting regulators to agree on joint rulemakings are a big reason why many key Dodd-Frank Act rules are still unfinished on the law's third anniversary.
July 19






