Tim McTaggart will present on the regulatory risk during the first 100 days of President Donald Trump's Administration at a webinar sponsored by the Global Association of Risk Professionals.
The webinar is at 11 a.m. Eastern Thursday, April 27.
Tim and Candice Nonas, Managing Consultant at Resources Global Professionals, will examine the individual actions and counter actions taken during the first 100 days of the new presidential administration to dismantle Dodd Frank and the CFPB and how risk managers need to respond.
Much has been said by the President and his administration about easing the regulatory burden on banks and repealing consumer protection laws. Dismantling the Dodd Frank Wall Street Reform and Consumer Protection Act (DFA) and reigning in the Consumer Financial Protection Bureau (CFPB) are at the center of the debate. Banks and financial institutions have spent billions of dollars on regulatory compliance and reform since the signing of the Act in 2010 and the restrictive regulations may put American banks at a competitive disadvantage to their global peers. The Financial Choice Act has been put forth as a means to reform Dodd Frank and the President has signed an executive order calling for its review.
For more information on the webinar, or to register, visit GARP's website.
Tim is a partner in the firm's Washington, DC office. He represents banks and financial institutions before dozens of state and federal regulatory agencies and banking departments, including the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System. He also has deep experience working with government sponsored entities in the housing finance sector.