Interview with Steven Mnuchin: Transcript

Editor’s Note: Cross-posted from OIRA Watch.

From: Financial Times

US Treasury secretary speaks to the FT on tax, economic growth, and North Korea

Ivy League Colleges: Tax-Exempt Government Contractors or Educational Institutions?

From: Real Clear Policy

Subsidizing the Ivy League

By Adam Andrzejewski

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3. In monetary terms, the “government contracting” business of the Ivy League ($25.27 billion in federal contracts and grants) exceeded their educational mission ($22 billion in student tuition) FY2010–FY2015.

4. The eight colleges of the Ivy League received, on average, more money ($4.31 billion) annually from the federal government than sixteen states.

 

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Agency’s one-size-fits-all diktats ignore reality

From: Star-Tribune

The Consumer Financial Protection Bureau is answerable to no one, and its tsunami of regulations is stifling local banks. 

By Noah W. Wilcox

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Among the top concerns to reformers is the Consumer Financial Protection Bureau, an independent federal agency that is accountable to neither Congress nor the White House. The CFPB has churned out a flow of new financial regulations so complex and overwhelming that the bureau is ultimately harming those it is charged with protecting — individual consumers.

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CFPB issues proposal to amend Regulation B to allow flexibility for mortgage lenders

From: Financial Regulation News

The Consumer Financial Protection Bureau (CFPB) released a proposal this week to amend Regulation B to provide additional flexibility for mortgage lenders concerning the collection of consumer demographic information.

Regulation B implements the Equal Credit Opportunity Act (ECOA) — a federal civil rights law that protects applicants from being discriminated against by lenders.

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Hacking Tools Get Peer Reviewed, Too

From: The Atlantic

A government-led effort paves the way for data extracted from electronic devices to be accepted as evidence in court.

Kaveh Waddell

In September 2002, less than a year after Zacarias Moussaoui was indicted by a grand jury for his role in the 9/11 attacks, Moussaoui’s lawyers lodged an official complaint about how the government was handling digital evidence. They questioned the quality of the tools the government had used to extract data from some of the more than 200 hard drives that were submitted as evidence in the case—including one from Moussaoui’s own laptop.