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David Arkush
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David Arkush is the Managing Director of the Climate Program at Public Citizen, a national nonprofit with over 300,000 members and supporters. He has testified before Congress, litigated in the federal courts, appeared on CNN, CBS, ABC, CNBC, NPR, and the O'Reilly Factor, and been quoted in publications such as the New York Times, the Wall Street Journal, and the Washington Post. Arkush has also been the director of Public Citizen's Congress Watch division and a law professor at the University of Richmond School of Law. He is a graduate of Washington University in St. Louis and Harvard Law School.

Blog Entries by David Arkush

'Too Big to Jail' Is a Grave Threat to Financial Stability and Economic Recovery

(16) Comments | Posted March 7, 2013 | 11:28 AM

The big news yesterday in financial services regulation is Attorney General Eric Holder's stunning statement before the Senate Judiciary Committee that some banks may be too big to prosecute:

I am concerned that the size of some of these institutions becomes so large that it does become difficult for...

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President Obama Appoints Cordray to Head CFPB Over Republican Obstruction

(6) Comments | Posted January 4, 2012 | 4:47 PM

This morning President Obama appointed former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau. It's was the right move, and it's about time.

In December, Senate Republicans blocked a vote on Cordray, who has majority support. In an unprecedented move, Republicans said...

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President Obama's Next Moves on Leadership for the Consumer Financial Protection Bureau

(23) Comments | Posted December 14, 2011 | 9:50 PM

As expected, last week Senate Republicans blocked President Obama's nomination of Rich Cordray to lead the new Consumer Financial Protection Bureau (CFPB). They continue to hold the agency hostage, taking the unprecedented step of blocking its leadership unless the agency is first weakened.

Still, there were a few small signs...

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White House, Senate Democrats Turn Up the Heat on Cordray Nomination to Head New Consumer Agency

(5) Comments | Posted December 6, 2011 | 5:31 PM

This week, the White House and Senate Democrats launched a new campaign in the long fight over leadership for the Consumer Financial Protection Bureau (CFPB). The Senate will likely vote on Thursday, December 8 whether to hold an up-or-down vote on President Obama's nomination of former Ohio attorney...

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Starbucks: Stop Taking Away Your Customers' Rights

(11) Comments | Posted December 2, 2011 | 10:02 AM

If you're one of millions of Starbucks customers who might buy or receive a prepaid card this holiday season, you might want to take a moment to send Starbucks a message: Don't take away my rights!

Buried in the fine print of the terms and conditions for Starbucks's prepaid cards...

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Republicans Do Not Have the Power to Block an Elizabeth Warren Recess Appointment

(125) Comments | Posted June 21, 2011 | 11:39 AM

If you're following the story of whether President Obama will nominate Elizabeth Warren to head the Consumer Financial Protection Bureau (CFPB), you've probably heard that the Republicans found a way to block even a recess appointment. It turns out that's mistaken.

Media outlets have reported that the Republicans, despite being...

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An Open Letter to Chairman Patrick McHenry Regarding Accusations Against Professor Elizabeth Warren

(8) Comments | Posted May 31, 2011 | 9:08 AM

Chairman Patrick McHenry
Subcommittee on TARP, Financial Services
and Bailouts of Public and Private Programs
Committee on Oversight and Government Reform
House of Representatives
Washington, D.C.

May 31, 2011

Dear Chairman McHenry:

On Tuesday, May 24, you twice accused Professor Elizabeth Warren, special...

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The U.S. Chamber's Big Lie on Election Spending

(35) Comments | Posted May 12, 2011 | 1:21 PM

A few weeks ago, the Obama administration circulated a draft executive order that would require companies seeking federal contracts to disclose their political spending, including the new spending that the Supreme Court permitted in Citizens United v. Federal Election Commission. Citizens United gives corporations the right to spend...

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Senate Republicans Give up on Opposing Elizabeth Warren for CFPB, With a Twist

(7) Comments | Posted May 6, 2011 | 7:16 PM

On Thursday, 44 Senate Republicans signed a letter to President Obama stating that they will oppose any nominee to head the Consumer Financial Protection Bureau (CFPB) unless the Bureau is first weakened dramatically. This is an interesting development.

Here's what's really going on, that the papers won't be...

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U.S. Supreme Court to Major Corporations: You Write the Rules

(375) Comments | Posted April 28, 2011 | 5:06 PM

On Wednesday the U.S. Supreme Court sided with AT&T in AT&T Mobility v. Concepcion -- a decision with devastating consequences for consumer protection and civil rights. In essence, AT&T asked the court to allow it to use the fine print of contracts to eliminate class actions, a practice...

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Roberts Court: Unclear, Activist, and Pro-Corporate

(11) Comments | Posted November 19, 2010 | 12:02 PM

New York Times' Adam Liptak recently wrote about a problem with Roberts Court opinions: They're very long, but they fail to give clear guidance on what the law is. The article focuses on causes like compromises between the justices and ghostwriting by clerks.

But there may be other...

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