Month: May 2025

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CFTC’s Johnson to Depart, Leaving Just One Commissioner

A Commodity Futures Trading Commission Commissioner, Kristin Johnson, announced that she plans on leaving the agency later this year, marking the third commissioner to depart from the CFTC. With Johnson’s departure, only one voting member will remain at the CFTC. This announcement comes weeks after Commissioners Summer Mersinger and Christy Read More

SEC to Revisit Executive Pay Disclosure Rules

Securities and Exchange Commission Chair, Paul Atkins, announced that the SEC will review rules that effectively require public companies to disclose the compensation of chief executive officers along with other other top executives. According to an SEC press release, the agency will host a roundtable on June 26, 2025 to Read More

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CFPB Ends Oversight of Google Payment Amid Regulatory Shift

The Consumer Financial Protection Bureau announced that it has ended its oversight of Google Payment, which also led to Google’s voluntary dismissal of a lawsuit against the regulatory agency. According to the parties’ joint status report, the CFPB renounced an order that initially directed the agency to oversee Google’s payment Read More

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House GOP Bill Targets CFPB Budget Cuts and PCAOB Dissolvement

The United States House Financial Services Committee approved a bill proposed by the House Republicans to cut funding from the Consumer Financial Protection Bureau and to dissolve the Public Company Accounting Board into the Securities and Exchange Commission. The legislation received some backlash from Democrats along the way however, the Read More

Whistle

Whistleblower Sues Deutsche Bank, Computacenter for Retaliation

A former Computacenter employee, James Papa, filed a lawsuit against his former company, Deutsche Bank, and his former supervisor for $25 million alleging he was terminated in retaliation for whistleblowing about a security breach, which was purportedly caused by a colleague’s girlfriend gaining unauthorized access to confidential client information. According Read More

House GOP Bill Draft Outlines Crypto Oversight Framework

The United States House Republicans released a draft of a bill that would place oversight authority of the digital assets markets in the hands of the Commodity Futures Trading Commission. This proposal would split up supervision of the crypto markets between the CFTC and the Securities and Exchange Commission. The Read More

CFPB Proposes new rules

D.C. Appeals Panel Reinstates Block on CFPB Mass Firings

In a decision released by a Washington D.C. Appeals Panel, the panel issued an order that effectively restored the temporary pause on mass employee firings at the Consumer Financial Protection Bureau. The order allows CFPB employees remain employed despite President Trump’s plan to remove almost 90 percent of the agency. Read More