Consumer Financial Protection

A Sign That He's Helping People

The Huffington Post | Bonnie Kavoussi | Posted 04.20.2012

Read More: Zombie Bank Account, Video, CFPB Citizens Bank, Bank Accounts, Consumer Financial Protection Bureau, Zombie Bank Account CFPB, Cfpb, Consumer Financial Protection, Banks, Citizens Bank, Citizens-Bank, CFPB Zombie Bank Account, Bureau of Consumer Financial Protection, Mellon Bank, Citizens Bank CFPB, Money News

The complaint portals at the newly created Consumer Protection Bureau might really be helping people. On Thursday, Consumerist.com posted a story f...

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Nominate Elizabeth Warren -- Provide the Pecora Hearings We Need

Simon Johnson | Posted 07.04.2011

Read More: Elizabeth Warren, Dodd-Frank, Wall Street, Consumer Financial Protection Bureau, New Pecora Commission, Consumer Financial Protection Agency, Economy, Financial Reform, Pecora Commission, Cfpb, Consumer Financial Protection, Financial Crisis, Simon Johnson, Business News

A proper Senate confirmation hearing for Elizabeth Warren would allow her to explain in clear terms how "too big to fail" banks are are now involved in a hugely dangerous government subsidy scheme that presents a serious, nontransparent threat to consumers.

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Elizabeth Warren: Consumer Bureau 'The First Real Agency We've Built In The 21st Century' (VIDEO)

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Elizabeth Warren, Warren Consumer Finance, Warren CFPB, Consumer Financial Protection, Politics News

The Consumer Financial Protection Bureau will be the first real agency of the 21st century, Elizabeth Warren said in an interview with the Huffington ...

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Elizabeth Warren, Bill Gross, and the "New Normal" of Federal Appointments

Victor Williams | Posted 05.25.2011

Read More: New Normal, Consumer Financial Protection, Cnbc, Elizabeth Warren, President Barack Obama, Investing in America Townhall, Politics News

Accepting the new normal for federal appointments, President Obama should boldly use his recess commissioning authority, even while fighting daily for traditional Senate confirmations.

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Big Banks Make Desperate Last Ditch Effort to Weaken Wall Street Reform

Robert Creamer | Posted 05.25.2011

Read More: Conference Committee, Auto Dealers, Derivatives, Consumer Financial Protection, Wall Street Reform, Breaking News Entertainment, Big Wall Street Banks, Too Big to Fail, The Financial Fix, Politics News

Big Bank lobbyists would love to stick a shiv in important provisions of the financial bill as quietly as possible. Unfortunately for them, the Democratic leadership has done everything it can to make quiet back room dealing difficult.

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States Target Payday Lenders

AP | JONATHAN J. COOPER | Posted 05.25.2011

Read More: Payday Lending, Payday Lenders, State Consumer Protection, Consumer Financial Protection, Payday Loans, Payday Loans Protection, State Consumer Protections, Consumer Protection, Business News

PHOENIX — When Jeffrey Smith needed some quick cash to pay a medical bill, he turned to a payday loan store near his home outside Phoenix. He e...

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JPMorgan Chase To Squeeze Credit Further In Response To New Consumer Protections

AP | EILEEN AJ CONNELLY | Posted 05.25.2011

Read More: JPMorgan Chase, Chase Bank, Credit Cards, Consumer Financial Protection, Credit Crisis, Credit Squeeze, Chase Credit, Consumer Protection, JPMorgan Chase Credit, Business News

NEW YORK — JPMorgan Chase & Co. expects its credit card income to drop by up to $750 million because of recent regulations – and a lot of ...

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FDIC's Sheila Bair Backs Consumer Agency, Defying Other Regulators

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Fdic, Dodd Bill, Consumer Agency, Consumer Financial Protection, Sheila Bair Regulators, Sheila Bair, Dodd Bair, Business News

In contrast to her fellow federal bank regulators, Federal Deposit Insurance Corp. Chairman Sheila Bair continues to back an independent consumer-focu...

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GOP Tensions Simmer Over CFPA

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Financial Regulatory Reform, CFPA GOP, Gop, Cfpa, Consumer Financial Protection, Politics News

Tensions have been simmering between two top Republicans in the Banking Committee since the senior member, Sen. Richard Shelby (R-Ala.), backed out of...

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Even Watered-Down CFPA Doesn't Satisfy Key Republican

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Shelby CFPA, Cfpa, Consumer Financial Protection, Banking Reform, Dodd Cfpa, Richard Shelby, Politics News

Sen. Richard Shelby (Ala.), a key Republican negotiator on the Banking Committee, said that the idea of a Consumer Financial Protection Agency with in...

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Dodd: Consumer Financial Protection Agency Must Have 'Rule-Making Authority' (VIDEO)

Posted 05.25.2011

Read More: Financial Regulatory Reform, Cfpa, Dodd Cfpa, Cfpa Reform, Consumer Financial Protection, Video, Business News

Senate Banking Committee Chairman Christopher Dodd said today that, while he supports an independent consumer financial protection agency, he's "more ...

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Seniors Overwhelmingly Support Financial Reform, AARP Survey Says

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Aarp, Financial Reform, Financial Regulation, Preemption, Banks, Consumer Financial Protection, Business News

A new survey finds broad bipartisan support for strong financial reform among senior citizens. The survey, commissioned by AARP and released on Monda...

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What Consumers Can Do About Overdraft Fees

Christine Escobar | Posted 05.25.2011

Read More: U.S. Bank, Wells Fargo Bank, Banks Overdraft Fees, Consumer Spending, Bank of America, Overdraft Protection, Harris Bank, JPMorgan Chase, The Center for Responsible Lending, Banks vs Credit Unions, Consumer Financial Protection, Overdraft Fees, Banks, Consumer Protection, Consumers Fighting Back, Christine Escobar, Business News

Even if you're embarrassed to admit it, you're very likely among the estimated 50 million Americans who have been overdrawn on their checking account in the course of any given year.

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Consumer Financial Protection Fight Enters New Round

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Cfpa, Financial Regulatory Reform, Financial Reform, Consumer Financial Protection, Video, Business News

The fight in the Senate Banking Committee over the creation of a new agency dedicated to consumer financial protection has shifted from whether it sho...

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News Flash: Lenders Prefer Fragmented Regulation of the Consumer Financial Marketplace

Norman I. Silber | Posted 05.25.2011

Read More: Consumer Financial Protection Agency, Consumer Financial Protection, Cfpa, Regulation, Chamber of Commerce, House Financial Services Committee, American Bankers Association, Business News

Regulators appear to have placed a higher value on protecting the interests of those who sell financial products than on the interests of consumers of transparent, safe, and fair financial products.

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Greenspan Backs Key Obama Wall Street Reform Effort

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Cfpa, Greenspan CFPA, Obama Greenspan, Consumer Financial Protection, Greenspan Consumer Financial Protection, Obama, Politics News

A keystone of Obama's Wall Street reform agenda is getting support from the unlikeliest of corners. Alan Greenspan, an acolyte of Ayn Rand and extreme...

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Splits in Banking Industry Beginning to Surface

Mike Lux | Posted 05.25.2011

Read More: Banking Regulation, Goldman Sachs, Banking Reform, Consumer Financial Protection, Home News

Two leaders in the banking industry came out strongly in favor of the Consumer Financial Protection Agency Act, the very strong centerpiece of Obama's financial regulatory reform.

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