California, Ohio Extend Sanctions Against Wells Fargo Bank
California State Treasurer John Chiang said Monday that he has decided to extend his state’s financial sanctions against Wells Fargo & Co. into a second year, while Ohio extended its sanctions another six months.
Richard Cordray is stepping down as the director of the Consumer Financial Protection Bureau after spending more than five years building up the Obama-era agency from scratch and fostering it into a powerful regulator.
The New York Law Journal spoke with Venable counsel Alexandra Megaris, whose practice focuses on financial regulatory matters involving state attorneys general, regulatory agencies and the Consumer Financial Protection Bureau, about changes since President Donald Trump took office a year ago.
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