This is a big day for our campaign: The day of our first-ever "money bomb" on the two-year anniversary of Scott Brown's special election to the U.S. Senate in Massachusetts. And we could really use your help to make our money bomb as big and successful as possible.

I hope...

I'm running!

Today, I am launching my campaign to represent the people of Massachusetts in the United States Senate. After listening to people all across our state who know that we can do better, folks who are frustrated like I am that Washington just doesn't get it, I'm running for...

Do we need more proof Washington's not working for middle class families? We got it once again this week.

The big banks and their army of lobbyists couldn't stop the creation of a new Consumer Financial Protection Bureau, so now they are trying to undermine its work, enlisting their Republican...

This is a big week for the Consumer Financial Protection Bureau (CFPB). Today, the President will announce his intent to nominate Richard Cordray to serve as the first Director of the Consumer Financial Protection Bureau. On Thursday, the CFPB makes its transition from a start-up to a real, live agency...

No one has missed the headlines: Haphazard and possibly illegal practices at mortgage-servicing companies have called into question home foreclosures across the nation.

The latest disclosures are deeply troubling, but they should not come as a big surprise. For years, both individual homeowners and consumer advocates sounded alarms that foreclosure...

Over the past several weeks, the president and I have had extensive conversations about the vital importance of consumer financial protection.

The president asked me, and I enthusiastically agreed, to serve as an Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial...

From an economic standpoint, will 2010 be the year of the woman? As part of the Roosevelt Institute's ongoing 'Feminomics' series, running on the New Deal 2.0 blog, I was asked to reflect on women's changing roles in the economy. Here's my take on the pernicious effects of...

Can you imagine an America without a strong middle class? If you can, would it still be America as we know it?

Today, one in five Americans is unemployed, underemployed or just plain out of work. One in nine families can't make the minimum payment on their...

The big banks are storming Washington, determined to kill the Consumer Financial Protection Agency (CFPA). They understand that a regulator who actually cares about consumers would cause a seismic change in their business model: No more burying the terms of the agreement in the fine print, no more tricks and...

Newsweek counts eight ambassadorships handed out to $100,000-plus donors since January. Add in Bush's appointee from Friday, billionaire Roland Arnall, and that brings us to a Big Donor Appointment Rate of one every 24 days. Billionaires, get your bids in now.

Roland Arnall paid in at least...

Today Ameriquest set aside $325 million in anticipation of a flood of lawsuits from defrauded customers. And at the same time, financial reporters have uncovered some very tricky accounting gimmicks used to keep the mortgage industry looking healthy.

President Bush had a quick and decisive response: Today he...

Make your payments on time and what happens? Maybe you do OK and maybe you end up with a huge rate hike.

Remember how former FBI Director Louis Freeh testified before the Senate last week that his new boss, credit card giant MBNA, never jerked up interest rates...

You have a low interest credit card and you do everything the card company wants—payments on time to the company, payments on time to everyone else, clean fingernails—everything, so your interest rate stays the same—right?

Wrong.

After the Congressional Hearing on Tuesday where a former FBI director

Did a former FBI director lie to Congress about his new boss's questionable business schemes?

Say you took out a credit card with a fixed 6.9% interest rate, charged up some items and faithfully made your payments on time. One month you discover that the bill has jumped to 29.9%....

Let’s say you buy a new washer and dryer. The sticker says $2200, and you pay $2200. If the store called you up two months later and said, “We changed our minds. We want $4,000 for those babies,” you’d tell them to jump in the lake. But let’s say you...