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Entries by Zach Carter from 03/2011

Top Republican: 'Senate May Approve' Elizabeth Warren For CFPB

Posted 03.01.2011 | Politics

WASHINGTON -- A top Republican broke with what he called "conventional wisdom" Tuesday morning, saying that consumer watchdog Elizabeth Warren is "ver...

In Stealth Lobbying Move, Wall Street Coordinates With Check-Cashers, Payday Lenders To Gut CFPB

Posted 03.01.2011 | Politics

WASHINGTON -- Wall Street banks are deploying little-known lobbying organizations who represent companies like Pizza Hut and Radio Shack in a new push...

Bank Lobby Splinters On CFPB Ahead Of Director Confirmation Deadline

Posted 03.03.2011 | Politics

WASHINGTON -- A rift is emerging among bank lobbyists over the new Consumer Financial Protection Bureau as the deadline approaches for President Barac...

Lawmakers Pushing Back Against Banks' Foreclosure-Settlement Complaints

Posted 03.04.2011 | Politics

WASHINGTON -- As bank executives push back against the terms of a foreclosure settlement with fees that may be as high as $20 billion, progressive leg...

An Overblown 'Crisis' For State Pension Funds

Posted 03.07.2011 | Politics

WASHINGTON -- In early 2010, Goldman Sachs announced two blockbuster numbers: profits of $13.4 billion for the prior year and compensation of $16.2 bi...

Foreclosure Protesters Descend On Washington

Posted 03.07.2011 | Politics

WASHINGTON -- Hundreds of protesters from around the country descended on a meeting of all 50 state attorneys general in the nation's capital on Monda...

Congressional Republicans Set Sights On Homeowners, Elizabeth Warren As Split Emerges with State GOP Leaders

Posted 03.11.2011 | Business

WASHINGTON -- As state and federal officials near an agreement with the nation's largest financial firms to settle allegations of abusive foreclosure ...

Randy Neugebauer On Elizabeth Warren's Consumer Agency: 'I Don't Like Them'

Posted 03.15.2011 | Politics

WASHINGTON -- Congressional Republicans have insisted that their proposals to force the new Consumer Financial Protection Bureau to fight for legislat...

Senators Back Delay In Crackdown On Fees That Yield Billions For Banks

Posted 03.16.2011 | Politics

WASHINGTON -- On Tuesday, a group of nine senators led by Montana Democrat Jon Tester put their names behind legislation to delay the Federal Reserve'...

House Republicans Amplify Attacks On Elizabeth Warren, Consumer Protection

Posted 03.16.2011 | Politics

WASHINGTON -- In a hearing marked by openly hostile questioning from House Republicans, consumer advocate Elizabeth Warren made her highly anticipated...

Ex-Goldman Banker Behind WSJ 'Smear Campaign' Against Elizabeth Warren

Posted 03.17.2011 | Business

WASHINGTON -- A Wall Street Journal editorial writer who has been closely involved with the paper's recent attacks on Elizabeth Warren is a former Gol...

Richard Lugar Questions U.S. Costs Of Libya Conflict

Posted 03.27.2011 | Politics

David Wood contributed to this report. WASHINGTON -- On Sunday, Sen. Richard Lugar (R-Ind.) raised questions about the economic costs of U.S. invol...

Government Shutdown Could Slow Tax Refunds, Crimp Use Of Largest Federal Anti-Poverty Program

Posted 03.29.2011 | Politics

WASHINGTON -- A prolonged government shutdown could deliver a blow to many poor American families by limiting or delaying access to the federal govern...