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Zach Carter

CFPB Crowdsources Nominations For Key Advisory Posts

HuffingtonPost.com | Zach Carter | Posted 02.23.2012 | Politics

WASHINGTON -- In a significant break with traditional federal policy, the new Consumer Financial Protection Bureau is appealing directly to the public...

Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012 | Business

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

Catherine New

How Closed Is Your Bank Account?

HuffingtonPost.com | Catherine New | Posted 02.13.2012 | Business

Some customers who closed bank accounts at Bank of America last fall recently received an unwelcome surprise: Their accounts reopened. Perhaps even mo...

Alabama's Largest City Looks For Alternatives To Payday Lenders

The Huffington Post | Alexander Eichler | Posted 02.10.2012 | Business

The biggest city in Alabama is putting its payday lenders on notice. Bankers and community leaders in Birmingham, Alabama met Thursday to discuss d...

Michael McAuliff

GOP Senators Promise To Join Suit Against Obama Recess Appointments

HuffingtonPost.com | Michael McAuliff | Posted 02.04.2012 | Politics

WASHINGTON -- A group of 39 Republican senators signed on to a letter Friday promising to join lawsuits against President Obama's recent recess appoin...

Alice Hines

Rent-A-Center CEO: New Consumer Bureau Won’t Have Authority Over Us

HuffingtonPost.com | Alice Hines | Posted 02.03.2012 | Business

Ahead of Sunday's Super Bowl, many cash-strapped football fans will head to Rent-A-Center, America's largest "rent-to-own" retailer, to look for TVs. ...

CFPB Weighs in on International Money Transfers

Kevin L. Petrasic | Posted 04.02.2012 | Business
Kevin L. Petrasic

At the most basic level, the issue remains how to implement increased consumer protections without increasing the costs that are passed onto consumers to provide such benefits.

Jennifer Bendery

Sen Mike Lee Vows To Block Obama's Nominees, Uses PAC To Raise Money Off Effort

HuffingtonPost.com | Jennifer Bendery | Posted 02.01.2012 | Politics

WASHINGTON -- Sen. Mike Lee (R-Utah) insists it is the Constitution, not politics, driving his vow to unilaterally block all of President Barack Obama...

Ben Hallman

Consumers Mostly Complain About Credit Cards To New Agency

HuffingtonPost.com | Ben Hallman | Posted 02.13.2014 | Business

The new Consumer Financial Protection Bureau has received about 12,000 complaints over the past six months from consumers who had problems with their ...

Government Agency Continues Its Fight Against Abusive Debt Collectors

The Huffington Post | Alexander Eichler | Posted 01.31.2012 | Business

The government's efforts to police debt collectors -- an ongoing battle that has drawn in countless ranks of cash-strapped consumers in recent years -...

Michael McAuliff

GOP Boycott Of Consumer Finance Watchdog Fizzles

HuffingtonPost.com | Michael McAuliff | Posted 01.31.2012 | Politics

WASHINGTON -- A Republican boycott of the first official Senate testimony of President Obama's consumer finance watchdog fizzled Tuesday, as only half...

Max J. Rosenthal

Scott Brown's Strategic Silence On Stock Ownership

HuffingtonPost.com | Max J. Rosenthal | Posted 03.26.2012 | Politics

WASHINGTON -- Sen. Scott Brown (R-Mass.) is touting President Barack Obama's call for legislation banning insider trading by members of Congress as a ...

Ben Hallman

New Consumer Cop Picks First Fight With Big Banks

HuffingtonPost.com | Ben Hallman | Posted 01.20.2012 | Business

Picking his first public fight with the banking industry, Washington's top consumer cop, Richard Cordray, promised on Thursday that his examiners will...

Hey Romney, It's an Inauguration, Not a Coronation

Adam Levin | Posted 03.13.2012 | Politics
Adam Levin

Presidents have the power to persuade and influence, but not the power to behave -- or think or talk -- like kings or generals. And this is how I believe Mitt Romney has come to see himself and his role in the world -- not that he'd ever cop to it.

Applauding the President's Appointment of Richard Cordray as CFPB Director

Rep. Carolyn Maloney | Posted 01.09.2012 | Politics
Rep. Carolyn Maloney

The president made the right call by refusing to give in to Republicans who were holding Mr. Cordray's nomination hostage in an attempt to defang America's consumer watchdog agency.

President's Recess Appointment of Cordray Gives Watchdog Teeth It Needs

Ed Mierzwinski | Posted 03.09.2012 | Business
Ed Mierzwinski

Kudos to President Obama for standing up for consumers this week by making a recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau.

Why Obama Has the Right to Appoint Cordray

Karen K. Harris | Posted 03.07.2012 | Politics
Karen K. Harris

Although it is very likely that Cordray's recess confirmation will be challenged, it is clear that President Obama had both the legal authority and moral obligation to make this appointment.

Jennifer Bendery

Richard Cordray: My Appointment Is Valid

HuffingtonPost.com | Jennifer Bendery | Posted 01.05.2012 | Politics

WASHINGTON -- Less than a day after his controversial recess appointment, Richard Cordray on Thursday moved full steam ahead with his plans for runnin...

Zach Carter

Richard Cordray Recess Appointment May Paradoxically Help Banks

HuffingtonPost.com | Zach Carter | Posted 01.05.2012 | Politics

WASHINGTON -- President Barack Obama's recess appointment of Richard Cordray as Director of the Consumer Financial Protection Bureau has underscored t...

Obama's Latest Moves Face Legal Questions

Posted 01.05.2012 | Politics

By Jeremy Pelofsky WASHINGTON--President Barack Obama's appointment of Richard Cordray to head the Consumer Financial Protection Bureau could becom...

Michael McAuliff

Scott Brown Backs Obama End Run Appointment Of CFPB Boss Cordray

HuffingtonPost.com | Michael McAuliff | Posted 01.04.2012 | Politics

WASHINGTON -- Bucking his party's leadership, Sen. Scott Brown (R-Mass.) Wednesday expressed his support for President Obama's decision to name Richa...

President Obama Appoints Cordray to Head CFPB Over Republican Obstruction

David Arkush | Posted 03.05.2012 | Politics
David Arkush

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.

Dave Jamieson

Inviting Fury From GOP, Obama Doubles Down On Recess Appointments

HuffingtonPost.com | Dave Jamieson | Posted 01.05.2012 | Politics

WASHINGTON -- Doubling down on President Barack Obama's bold recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau, t...

Jennifer Bendery

Obama Skips Chance To Appoint Richard Cordray To Consumer Protection Agency

HuffingtonPost.com | Jennifer Bendery | Posted 01.03.2012 | Politics

WASHINGTON -- President Barack Obama chose not to use his authority to appoint Richard Cordray to the Consumer Financial Protection Bureau on Tuesday,...

Supporting Obama: The Constitutional Case for Recess Appointments

Victor Williams | Posted 01.03.2012 | Politics
Victor Williams

As high level federal vacancies continue to damage our government and economy, Barack Obama considers how best to push back against Senate confirmatio...