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Entries by Zach Carter from 02/2011

Fed Officially Abandons Plan To Gut Predatory Lending Rule

Posted 02.01.2011 | Business

WASHINGTON -- The Federal Reserve Board of Governors confirmed Tuesday that it will not proceed with plans to gut a principal federal remedy for preda...

White House Allies Push Bank Lobby Line On Government Mortgage Reform

Posted 02.02.2011 | Business

The following is produced in partnership with The Dylan Ratigan Show's weeklong "No Way To Live" series on the financial crisis and its impact on ordi...

CFPB May Crowdsource Payday Lender Crackdown

Posted 02.03.2011 | Politics

WASHINGTON -- The new Consumer Financial Protection Bureau rolled out a preliminary version of its website on Thursday, and with it a few indications ...

New York Fed Economists Say Bush-Era Bankruptcy Law Fueled Over 200,000 Foreclosures

Posted 02.08.2011 | Politics

WASHINGTON -- Economists at the New York Federal Reserve have concluded that a controversial 2005 law backed by banks and credit card companies pushed...

CPAC Chief Is Partner In Law Firm Defending Foreclosure Mill, Served On Board Of Fannie Mae

Posted 02.10.2011 | Politics

WASHINGTON -- The new head of the American Conservative Union, the group which hosts the annual Conservative Political Action Conference, has ties to ...

Fed Official Calls For Major Foreclosure Reforms

Posted 02.14.2011 | Politics

WASHINGTON -- A top federal regulator told bankers on Friday that a major investigation into Wall Street's foreclosure system has revealed a "broken" ...

Gambling On Hunger: Is Wall Street Fueling Global Unrest?

Posted 02.15.2011 | Politics

WASHINGTON -- Since July, the price of corn has jumped 62 percent. Wheat has climbed by two-thirds, and soybeans are 38 percent more expensive. For ma...

House GOP Budget Proposal Would Slash Low-Income Housing Aid

Posted 02.16.2011 | Politics

WASHINGTON -- Amid the worst housing crisis in generations, House Republicans have put forward a federal budget proposal that would significantly cut ...

GOP Budget Plan Would Cut CFPB Funding Nearly In Half [UPDATED]

Posted 02.16.2011 | Business

With reporting by Ryan Grim and Elise Foley WASHINGTON -- A new federal budget proposal from House Republicans would dramatically restrict the budget...

Republican Amendment Would Strip Funds For Obama 'Czars,' Plus Elizabeth Warren

Posted 02.17.2011 | Politics

WASHINGTON -- House Republicans are ramping up efforts to hamstring the new Consumer Financial Protection Bureau. One key amendment to the GOP's 2011 ...

Elizabeth Warren Names Major CFPB Regulator

Posted 02.18.2011 | Politics

WASHINGTON -- On Thursday, House Republicans cemented plans to slash the budget for the new Consumer Financial Protection Bureau, setting up a major f...

Wisconsin's Pension Fund Among Nation's Healthiest

Posted 02.22.2011 | Politics

WASHINGTON -- While Wisconsin Gov. Scott Walker (R) has painted a dire picture of his state's pension obligations, Wisconsin's pension fund for public...

Homeowners Demand Criminal Prosecutions In Foreclosure-Fraud Deal

Posted 02.25.2011 | Politics

WASHINGTON -- Fifty state attorneys general and nearly a dozen federal agencies are currently hashing out plans for a multibillion-dollar settlement w...