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Consumer Financial Protection Agency

In The Public Interest: Students Need a Strong Financial Watchdog Too

Andrew Merki | Posted 05.25.2011 | College
Andrew Merki

The level of debt I took on for my degree was my choice, regardless of the consequences. But at the very least, students and families should be assured that the private loan products are fair and transparent.

Democrats Must Reject Goldman Sachs-Wall Street Money

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

I have written a letter to Tim Kaine asking that, as chair of the Democratic Party, he use his powers to make sure that no Democratic Party candidate accept a single dollar from Goldman Sachs.

Shahien Nasiripour

Top Republican Calls Proposed Consumer Protection Agency "Fundamentally Flawed" | Shahien Nasiripour | Posted 09.30.2009 | Business

In a move sure to delight bankers, the top Republican on the House Financial Services Committee on Wednesday called the Obama administration's plan fo...

Shahien Nasiripour

Dodd's Proposed Financial Overhaul Bill: HELP US DIG THROUGH IT | Shahien Nasiripour | Posted 11.10.2009 | Business

Scroll down to see how you can help HuffPost dig through Dodd's new bill. "This is not a time for timidity," Senate Banking Committee Chairman Chris ...

Senate Must Act on Banking Reform

Pamela Banks | Posted 05.25.2011 | Home
Pamela Banks

Mortgages with skyrocketing interest rates and other hidden costs. Unregulated financial markets slipping through the cracks--the list of reasons for ...

Is Financial Reform Bad for New York?

Harry Moroz | Posted 05.25.2011 | New York
Harry Moroz

One might think, in this era of environmental consciousness, that a prominent national politician would avoid comparison to Big Oil, Big Coal, and Big Auto. Not Mayor Bloomberg.

Timothy Geithner: How To Prevent America's Next Financial Crisis

Timothy Geithner | Timothy Geithner | Posted 05.25.2011 | Business

The Senate bill is strong. It would create an independent agency to better protect American families across the financial marketplace. It would protec...

Does Size Matter? Simon Johnson vs. Paul Krugman on Whether to Break Up "Too Big to Fail" Banks

Miles Mogulescu | Posted 05.25.2011 | Business
Miles Mogulescu

Paul Krugman and Simon Johnson are two of my favorite economic commentators, but when it comes to the issue of breaking up mega-banks, they take dramatically opposing positions.

Will The Next Three Weeks Change Wall Street Forever?

Lawrence G. McDonald | Posted 05.25.2011 | Business
Lawrence G. McDonald

It is critically important the regulators create a level for systemic risk that hedge funds and private equity funds must obey.

Shahien Nasiripour

Financial Crisis Panel: Greenspan FINALLY Acknowledges Existence Of Fraud, Says Fed Can't Handle CFPA (VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

Scroll down for video Read HuffPost's coverage of Wednesday and Thursday's hearings of the Financial Crisis Inquiry Commission While former Federal ...

Ryan Grim

Barney Frank Permanently Bans Staff From Communicating With Aide-Turned-Lobbyist | Ryan Grim | Posted 05.25.2011 | Politics

House Financial Services Committee Chairman Barney Frank (D-Mass.) has instituted a permanent ban on committee staff communication with Peter Roberson...

Shahien Nasiripour

Top Bank Regulator Changes Tune, Now Calls For Independent Consumer Agency | Shahien Nasiripour | Posted 05.25.2011 | Business

This story has been updated After months of criticizing the Obama administration's proposal to create a consumer-focused agency dedicated to protecti...

Shahien Nasiripour

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

Why the Financial Reform Is Not Much of a Reform

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

With this bill's passage, the Democratic Party will pat themselves on the back and move on to the next issue, praising a "reform" that is less than half done.

Polling for Dollars: Consumer Protection and Consumer Opinion

Ray Brescia | Posted 05.25.2011 | Politics
Ray Brescia

Should the same bank regulators who failed to stop the subprime tsunami have the sole authority to look out for consumers in the future?

Traded-In: These "Used" Senators Sold Out The Troops For Auto Dealer Cash

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

If you have a yellow "Support Our Troops" sticker on your car -- or even if you don't -- you should know the name of the Senators who just sold out our troops, their families, and our military readiness for easy cash offered by auto dealers.

Who's Afraid of the Bark? We Need Some Bite!

Janis Bowdler | Posted 05.25.2011 | Business
Janis Bowdler

We had rules of the road during the bubble years, but there was no reliable enforcer. Regulators sat on their hands while consumers were put through the wringer.

Elizabeth Warren: 'Socratic With A Machine Gun'

New York Times | JODI KANTOR | Posted 05.25.2011 | Business

Ask Elizabeth Warren, scourge of Wall Street bankers, how they treat consumers, and her no-nonsense bob will shake with indignation....

What Would You Ask Tim Geithner If You Had the Chance?

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Whatever the reasons, the Geithner Treasury Department has suddenly come out swinging. They're pugilists in pinstripes now. But while the rhetoric's encouraging, Geithner's record is cloudy at best.

FDR Had It Right: Consumer Protection Is About Ideas, Not Acronyms

Jesse Strauss | Posted 05.25.2011 | Politics
Jesse Strauss

History instructs that the "independence" of the regulator is beside the point. Consumer protection depends on altering the fundamental relationship between the buyers and sellers of financial products.

Waterloo Sunset: Financial Obstructionism Could Be GOP Political Suicide

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Here's a word of advice for the opposition party: If you blockade financial reform and cozy up too publicly to the big banks, it could be your Waterloo.

Finally Holding Wall Street Accountable

Sen. Jon Tester | Posted 05.25.2011 | Business
Sen. Jon Tester

This bill is a big win for Main Street. It holds Wall Street accountable and preserves the critical role community banks have in strengthening communities, jobs, and small businesses.

Ryan Grim

Wall Street Power Play: Bankers In Bizarre Showdown With Auto Dealers | Ryan Grim | Posted 05.25.2011 | Business

Wall Street has found itself battling auto dealers in a last-ditch effort to block an amendment opposed by big banks from coming to the Senate floor. ...

Bankers Swarm Capitol Hill Because They Love You

Heather Booth | Posted 05.25.2011 | Politics
Heather Booth

With the bankers all over Capitol Hill advocating for these reforms, it is entirely unnecessary that anyone else do so. There is no need to find out more about the bill, or to contact your congressman.

Shahien Nasiripour

Brownback Defends Predatory Lenders In Misleading Letter To Pentagon | Shahien Nasiripour | Posted 05.25.2011 | Business

In his attempt to protect the right of predatory lenders to fleece America's troops and their families, Republican Senator Sam Brownback wrote a lette...