In the News Today – November 14, 2016

ILR Election Night Survey Cited: ILR’s recent election night survey was quoted in Florida Business Daily, Palmetto Business Daily and Illinois Business Daily, quoting state legal reform allies in each state. The survey results showed that most voters “don’t want Congress to pass laws making it easier for attorneys to file lawsuits.” William Large, head of the Florida Justice Reform Institute said “the American voter is very clear that they do not want to see increased pathways to more litigation.” (Florida Business Daily, Palmetto Business Daily, Illinois Business Daily)

Former SEC Commissioner & Outspoken Critic of Dodd-Frank to Lead Financial-Agency Review: President-elect Trump has selected Paul Atkins, former SEC Commissioner, to lead the transition team’s review of independent financial agencies. In the past, Atkins “has given detailed – and oftentimes harsh – critiques of the financial reform law [Dodd Frank], taking swipes at everything from the heft of its rulemaking burden to the framework of the whistleblower program.” (The National Law Journal) 

CFPB Arbitration Ruling on the Chopping Block? The Consumer Financial Protection Bureau’s “contentious” rule making on arbitration “may be in jeopardy with the change in administrations and continued GOP control of Congress.” (American Banker)