Your fact-checks will appear here
Regulatory act implemented by the Obama administration after the 2008 financial crisis
50-year mortgages are in the United States and are generally excluded from the Consumer Financial Protection Bureau’s Qualified Mortgage framework, so they are rare among traditional lenders. Reportin...
Trump’s regulatory changes have sharply reduced federal enforcement actions and reshaped agency priorities: enforcement actions against financial firms fell 37% and monetary penalties dropped about 32...
President Barack Obama’s handling of the 2009 financial crisis drew a mix of criticism and praise: critics argue his team’s response was , while defenders point to the Recovery Act’s scale and the pas...
Regulation B’s appraisal/valuation disclosure rule, codified at 12 CFR 1002.14, requires creditors to give applicants copies of all appraisals and other written valuations produced in connection with ...
Federal statutes and agency rules have created robust clawback regimes for executive incentive pay since Sarbanes‑Oxley in 2002 and through TARP and later SEC listing rules, but the historical record ...
Central clearing counterparties (CCPs) are market infrastructures that interpose between buyers and sellers to guarantee the performance of trades and thereby reduce bilateral counterparty credit risk...
Federal whistleblower law offers multiple defenses and remedies for employees who refuse unlawful directives or report misconduct: statutes like the Whistleblower Protection Act (WPA) and sector-speci...
Al Franken played a visible, if limited, role in pushing for credit-rating reform during the Dodd-Frank debates: he championed an amendment — often called the “Franken Amendment” or Franken–Sherman pr...
The 2008 financial crisis originated in the U.S. housing market and subprime mortgage collapse and quickly became a global , precipitating the Great Recession that contracted global GDP, slashed inter...