The SEC is the only agency that will consider the matter privately.
CFPB Director Richard Cordray defended the effort on Thursday and promised that the bureau would be “vigilant“ in enforcing the “back to basics” regulations for mortgage lenders and servicers.
A bipartisan pair of senators told Treasury Secretary Jack Lew Thursday that it was too soon to take a “victory lap” on ending “too big to fail.”
"I believe we will meet that test," Treasury Secretary Jack Lew said on Thursday.
Treasury Secretary Jack Lew will tout the Dodd-Frank financial reform law in a broad policy speech in Washington on Thursday and will call for international reforms to prevent banks from leveraging one nation's financial system against others.
The House voted Wednesday to amend the Dodd-Frank financial reform law with the help of 36 Democrats, even though the White House has threatened to veto the bill.
A trio of financial industry groups have filed a lawsuit against the Commodity Futures Trading Commission, pushing back against new rules aimed at cracking down on derivatives abroad.
Her letter comes one day after a think tank criticized her preferred policies.
The European Union has fined two American banks and other global financial giants more than $2 billion over the Libor rate fixing scandal.
A top House Democrat is second-guessing the priorities of the Securities and Exchange Commission.