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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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Bureau's Arbitration Rule overturned in Senate vote

Politico and other news outlets report that the Senate, with Vice President Pence voting to break a tie, voted to kill the CFPB's Arbitration Rule. The House of Representatives had passed a similar resolution in July under the Congressional Review Act to reject the Bureau's regulations. The resolution next goes to the White House for presidential approval, which is expected. The administration signaled its stance on the controversial regulations in a report issued Monday by the Treasury Department. When a regulation is overturned under the Congressional Review Act, it cannot go into effect and government agencies cannot issue any similar rule in the future, unless specifically authorized by subsequent legislation.

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