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American Bankers Association

Government Should Fix Barriers to Latino Homeownership

Frank Keating | Posted 06.24.2014 | Business
Frank Keating

June is American Housing Month, when we celebrate the variety of housing choices that Americans make. Whether owning or renting, the basic principle is that you should be free to choose the home that works best for you and your family.

Senate Majority PAC Not Telling Whole Story

FactCheck.org | Eugene Kiely | Posted 01.25.2014 | Politics

The Following post first appeared on FactCheck.org. A Democratic ad says former Sen. Scott Brown “delivered” for “big banks” in the Sen...

Regulators Trim Portion Of Volcker Rule After Banks Complain

Reuters | Emily Stephenson | Posted 01.25.2014 | Business

WASHINGTON (Reuters) - Five U.S. bank regulatory agencies on Tuesday approved a tweak to the Volcker rule that would allow banks to keep interests in ...

Banks Finally Going To Get Answers On Pot Business

Reuters | Posted 01.25.2014 | Small Business

By Brett Wolf WASHINGTON, Nov 20 (Thomson Reuters Accelus) - Banks, worried about running afoul of federal money-laundering law in de...

Wall Street Pleads With GOP To Put The Debt Ceiling Gun Down

The Huffington Post | Chris Gentilviso | Posted 09.28.2013 | Politics

A former GOP governor and major voice for Wall Street minced no words on Friday about the repercussions the United States would face for defying the d...

Richmond, California Defies Wall Street to Help Homeowners

Peter Dreier | Posted 11.11.2013 | Business
Peter Dreier

About 300 residents packed the six hour long meeting -- held at the Richmond Memorial Auditorium instead of the City Council chambers -- to discuss the city's plan to help families whose home values have plummeted through no fault of their own.

Wall Street Lobbyists Nervous As Cities Use Eminent Domain to Protect Homeowners

Peter Dreier | Posted 09.29.2013 | Politics
Peter Dreier

Now the same Wall Street players who crashed the economy in the first place are trying to stop local governments from solving the problem.

Why Romney the Closer Is a Consumer Nightmare

Adam Levin | Posted 12.16.2012 | Business
Adam Levin

Mitt Romney is the poster child of big business expediency, where truth is less important than closing the deal. And if he gets elected we'll see a reprise of the Wild West days that ended in the 2008 crisis.

Troubled County Began Eminent Domain Talks In Secret

Reuters | Posted 09.12.2012 | Business

* San Bernardino began talks with investor group in January * County and Mortgage Resolution Partners agreed not to disclose ...

Disempowered Bankers Start Super PAC, Reveal Plans for World Domination

Blair Bowie | Posted 06.06.2012 | Politics
Blair Bowie

When is Packard imagining himself having this conversation and what will he be asking for to call off the hounds? This statement speaks volumes about how the industry thinks about its involvement in politics.

Dan Froomkin

Auction 2012: How The Bank Lobby Owns Washington

HuffingtonPost.com | Dan Froomkin | Posted 01.30.2012 | Politics

Auction 2012 is a weeklong series in collaboration with "The Dylan Ratigan Show" and United Republic. When Washington puts policy on the auction bl...

Banking Groups Complain Of 'Unfair' Pay Clawbacks

Posted 09.05.2011 | Business

HuffPost Update: The FDIC approved a rule Wednesday that allows regulators to claw back up to two years of Wall Street executives' pay if they are fou...

Simon Johnson: When Regulators Side With The Regulated

The New York Times | Simon Johnson | Posted 07.19.2011 | Business

The Office of the Comptroller of the Currency is one the most important bank regulators in the United States — an independent agency within the Trea...

Zach Carter

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

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | 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'...

Looking For A Credit Card? It Pays To Be Rich

AP | CANDICE CHOI | Posted 05.25.2011 | Business

NEW YORK — It pays to be rich if you need a credit card. A year after sweeping credit card regulations upended the industry, banks are showerin...

Borrowers Aren't Paying Billions In Home Equity Loans

nytimes.com | DAVID STREITFELD | Posted 05.25.2011 | Business

During the great housing boom, homeowners nationwide borrowed a trillion dollars from banks, using the soaring value of their houses as security. Now ...

Ryan Grim

Wall Street Opposes Wall Street Reform

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Wall Street reform likely got a boost in the eyes of the public on Monday when the major trade association representing big banks came out strongly ag...

Shahien Nasiripour

Bank Lobbyists Fought For Very Thing They're Now Trying To Kill, Says Elizabeth Warren

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Bank lobbyists are fighting to derail a key element of consumer protection which they fought to preserve just four years ago, threatening to kill fina...

Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

Bank Of America CEO Brian Moynihan Signals Openness To Consumer Protection Agency

Posted 05.25.2011 | Business

Brian Moynihan, Bank of America's new CEO, may not oppose the creation of a federal consumer-protection agency, the Wall Street Journal reports this m...

Happy Holidays from America's Banks

Michael Winship | Posted 05.25.2011 | Business
Michael Winship

Never mind Barack Obama's Audacity of Hope. It's the audacity of the banks that takes your breath away.

Ally Bank: Is GMAC's Rebranded Bank Using Bailout To Offer High-Interest CDs?

AP | CANDICE CHOI | Posted 05.25.2011 | Business

NEW YORK — Its TV and print ads poke fun at the bait-and-switch tactics of other banks. Its interest rates on CDs have been the most generous in the...

Showdown In Chicago: Sheila Bair Speaks To Protesters, Backs Consumer Protection Agency (VIDEO

Posted 05.25.2011 | Business

ORIGINAL POST (Scroll down for a slideshow of today's protests): Before she appeared at the American Bankers Association annual convention today, Fe...

Showdown in Chicago

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.

Shahien Nasiripour

Banks Get Small Win On Accounting Standards

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A House panel approved a provision Thursday that calls for a new oversight body dominated by bank regulators to advise on accounting rules for banks, ...