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2 weeks ago | 
mondaq.com | Mercedes Tunstall
CW Cadwalader, Wickersham & Taft LLP More Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations.
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3 weeks ago | 
jdsupra.com | Mercedes Tunstall
As of Wednesday, stablecoin bills in the House and the Senate have been voted out of committee and moved onto the floor of each house for a full vote. The Senate voted their bill, the Guiding and Establishing National Innovation for US Stablecoins (the GENIUS Act) out of committee in mid-March, after updating it to reflect bipartisan concerns. Similarly, the House’s bill, the Stablecoin Transparency and Accountability for a Better Ledger Economy (the STABLE Act), enjoys bipartisan support.
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4 weeks ago | 
mondaq.com | Mercedes Tunstall
We have been following closely developments with the ConsumerFinancial Protection Bureau ("CFPB") and the Trump/Muskadministration (see here and here), and while we have a few updates on theCFPB, Trump and Musk have taken another swing at making consumersmore vulnerable to the excesses of our economy by attempting to"fire" two Democratic Federal Trade Commission("FTC") commissioners.
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1 month ago | 
jdsupra.com | Mercedes Tunstall
We have been following closely developments with the Consumer Financial Protection Bureau (“CFPB”) and the Trump/Musk administration (see here and here), and while we have a few updates on the CFPB, Trump and Musk have taken another swing at making consumers more vulnerable to the excesses of our economy by attempting to “fire” two Democratic Federal Trade Commission (“FTC”) commissioners.
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1 month ago | 
mondaq.com | Mercedes Tunstall
In the two weeks since our last update on what is happening with theConsumer Financial Protection Bureau ("CFPB"), the Trumpadministration has continued to take actions that make it seem asthough they are intending to wind down the agency.
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1 month ago | 
jdsupra.com | Mercedes Tunstall
In the two weeks since our last update on what is happening with the Consumer Financial Protection Bureau ("CFPB"), the Trump administration has continued to take actions that make it seem as though they are intending to wind down the agency.
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2 months ago | 
mondaq.com | Mercedes Tunstall
We have been waiting to see how things are shaking out for thenow-beleaguered Consumer Financial Protection Bureau("CFPB"). A month out from Trump's inauguration, weare still in a position of wondering if there will be a future forthe agency in this administration. Formally dismantling the CFPB would require Congress to act, ofcourse, but the new administration has already taken extreme stepsto defund the agency and reduce its workforce.
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2 months ago | 
jdsupra.com | Mercedes Tunstall
We have been waiting to see how things are shaking out for the now-beleaguered Consumer Financial Protection Bureau (“CFPB”). A month out from Trump’s inauguration, we are still in a position of wondering if there will be a future for the agency in this administration. Formally dismantling the CFPB would require Congress to act, of course, but the new administration has already taken extreme steps to defund the agency and reduce its workforce.
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2 months ago | 
jdsupra.com | Mercedes Tunstall
We have reported on stablecoin regulation and legislation several times over the last few years, including on the most recent stablecoin legislation that appeared to have traction on a bi-partisan basis, the Lummis-Gillibrand 2.0 bill that was introduced in July 2023.
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2 months ago | 
jdsupra.com | Mercedes Tunstall
While some of the crypto developments we have reported on in this edition of Cabinet News & Views have had a distinctively partisan bent to them, the departure of Gary Gensler from the Securities & Exchange Commission ("SEC"), the Chairman of the SEC during the Biden administration, has objectively allowed the SEC to take immediate steps to put itself on a more responsible and responsive footing vis a vis the crypto industry. Acting Chairman Mark T.
