How Trump's Favorite Law Could Roll Back Recent Financial Regulations
By EsqSocial Corporation 23/12/24
The Congressional Review Act (“CRA”) is an interesting law that we really only think about when there is a change of party affiliation of an incoming President. Effectively, the CRA allows Congress to overturn rules that have been put into place during the 60 legislative days prior to the change of administration. Passed in 1996 to allow Congress to better police federal agencies, the CRA applies to final rules, but also could apply to “agency actions that are not subject to traditional...
By: Cadwalader, Wickersham & Taft LLP