The Federal Reserve Board adopted rule amendments that delegate the authority to approve certain types of applications, notices and requests to Federal Reserve Banks.
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The U.S. Treasury Department released a report detailing plans to reduce burdens of capital markets regulation.
The Office of the Comptroller of the Currency will not petition the Financial Stability Oversight Council to delay the effective date of the Consumer Financial Protection Bureau arbitration rule.
The Democratic staff of the House Financial Services Committee, citing Republican efforts to repeal the Consumer Financial Protection Bureau arbitration rule, criticized efforts to "functionally terminate" the agency.
House and Senate Republicans introduced resolutions to nullify the final arbitration rule adopted by the Consumer Financial Protection Bureau.