The Agencies

SEC Nominations (Apr. 20)

Mike & Co. —  Hillary’s commanding victory in the New York primary last night is cause for celebration and bring the Secretary a decisive step toward  the Democratic nomination.  Tremendous effort and outcome —  congratulations all around.  Speaking of nominations, the path forward has gotten still murkier this month in Senate Banking.  Four Committee Democrats …

SEC Nominations (Apr. 20) Read More »

CFTC Reauthorization (Apr. 12)  

Mike & Co. — The WSJ reported this afternoon that federal regulators are preparing to inform at least half of the nation’s eight systemically important banks that their living wills, the documents that dictate their bankruptcy plans, are not adequate. For these firms, such an announcement would have many effects, from requiring that they go …

CFTC Reauthorization (Apr. 12)   Read More »

DOL Fiduciary Rule, Pt. 1 (Apr. 5)

Mike & Co. — Tonight, fingers crossed for the Secretary in the Badger State. Tomorrow, Labor Secretary Perez will release the final version of the long awaited DOL Fiduciary Rule, ending a long slog toward placing fiduciary responsibilities on myriad investment brokers.  The winners and losers of the Rule aren’t always clear, but one thing …

DOL Fiduciary Rule, Pt. 1 (Apr. 5) Read More »

Ex-Im Reauthorization (Oct. 30)

Mike & Co., The busiest week of the session so far was John Boehner’s last as Speaker.  Amid the speakership transition, several big-ticket fiscal and financial items moved.  What happened and where they stand, ex. the budget, in brief roundup below.  As always, contact me for clarification, elaboration, etc.   Great weekends all and let’s …

Ex-Im Reauthorization (Oct. 30) Read More »

Ex-Im Reauthorization (Oct. 26) 

Mike & Co. — The House voted 246-177 tonight in favor of a discharge petition setting up a final House vote tonight orTuesday on reauthorizing the Export-Import Bank, a rare parliamentary maneuver to force the agency’s proposed resurrection onto the House floor, over the opposition of conservative Republicans. If the Bank is ultimately revived, it would mark just the third time in …

Ex-Im Reauthorization (Oct. 26)  Read More »