
Capitol Account
@capitolaccount
A daily evening newsletter about financial regulation by Robert Schmidt and @ryanjtracy. Posting headlines from the previous editions.
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http://capitolaccountdc.com 21-02-2023 21:55:16
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Trump has all his FinReg leaders save one: FDIC. The delay is a bit of a mystery, but a perceived horse race has captivated Washington’s financial regulatory community: Acting FDIC Chairman Travis Hill and Acting Comptroller Rodney Hood. Our breakdown: capitolaccountdc.com/p/race-for-fdi…

NEW: Our exit interview with Acting SEC Chief Mark Uyeda on he and Hester Peirce's coordinated policy push, what it's like to work with DOGE, and what's next at the agency capitolaccountdc.com/p/talking-with…

Latest Q&A: Tarek Mansour, whose Kalshi platform is prompting court battles, raising novel policy questions, and drawing opposition from casinos and even MLB. He still sees it as a better mousetrap. Subscribers get the full talk but here’s a free excerpt: capitolaccountdc.com/p/talking-pred…

Small businesses “buried” in paperwork. A trade group reports compliance costs are “financially ruinous.” 2 federal judges have concluded that the policy likely violates the APA. A Biden rule? Nope, this one is a March order from the Trump Treasury... capitolaccountdc.com/p/a-bad-joke-s…

Tonight in Capitol Account: When Russ Vought surrendered on the CFPB's open banking rule, he took a 180-degree turn on a fundamental legal question: When consumers authorize a financial app to access their account data, are banks required to share?