financial stability oversight

In addition to the passage of legislation amending the Dodd-Frank Act (DFA), disapproval under the Congressional Review Act, and a legal challenge filed in court, a fourth potential route for stopping the CFPB’s final arbitration rule from taking effect at the end of the 240-day grandfather period is garnering attention.  That route is a petition to the Financial Stability Oversight Council (FSOC) to set aside the rule.… Continue Reading