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News
April 12, 2017

In the News Today – April 12, 2017

Legislation May Turn CFPB Into an Executive Agency With Removable Director: The CHOICE Act would rename the Consumer Financial Protection Bureau (CFPB) as the Consumer Financial Opportunity Agency and “rein in its powers,” including striping the CFPB of its agency status and its director would be “fireable at will by the president.” (The Hill)

Securities Fraud Trial Against Texas AG Moves Forward: Yesterday, a Texas judge ordered the felony securities fraud trial of Attorney General Ken Paxton be moved to Harris County and away from his “home turf of Collin County,” after prosecutors alleged the jury pool there was “tainted.” (Law360)

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