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At the same time, congressional Republicans opened their own front against the Dodd-Frank Act, the law that overhauled financial regulation after the 2008 financial crisis. And with Mr. Trump in the White House, Republicans who previously challenged Dodd-Frank now see success in their sights after years of futility.
The Dodd-Frank Act granted rulemaking authority under the TILA to the Consumer Financial. Protection Bureau (CFPB). Title XIV of the Dodd-Frank Act included a number of amendments. to TILA, and in 2013, the CFPB issued rules to implement them. Prohibitions on mandatory. arbitration, waivers of consumer rights, as well as requirements that lengthen the time creditors.