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Consumer Financial Protection Bureau

Obama Nominates Richard Cordray To Head Controversial New Agency

AP | JULIE PACE | Posted 09.17.2011 | Politics

WASHINGTON — President Barack Obama moved Monday to get a new consumer protection bureau up and running, introducing a former Ohio attorney gene...

A Big Week for the New Consumer Agency

Sen. Elizabeth Warren | Posted 09.17.2011 | Business
Sen. Elizabeth Warren

This week is the culmination of two years of hard battles. The President put the Consumer Financial Protection Bureau in his first outline of financial regulatory reform, and he never wavered in his support for it. As a result, the agency has stepped out in the right direction.

Obama Picks Nominee To Lead Consumer Financial Protection Bureau

Posted 09.16.2011 | Politics

This article has been updated to include statements from Elizabeth Warren and Timothy Geithner. President Barack Obama will nominate former Ohio At...

Barack Obama to Nominate Consumer Protection Bureau Chief Next Week

Wall Street Journal | Deborah Solomon | Posted 09.14.2011 | Business

The White House is expected to nominate a director to run the new Consumer Financial Protection Bureau next week, according to people familiar with th...

WATCH: Elizabeth Warren Testifies On Consumer Protection Bureau

Posted 09.13.2011 | Business

With the Consumer Financial Protection Bureau set to open in exactly one week, Harvard Law Professor and presidential advisor Elizabeth Warren is test...

Republicans Wage War On Financial Reform

AP | ALAN FRAM | Posted 09.04.2011 | Politics

WASHINGTON — Congressional Republicans are greeting the one-year anniversary of President Barack Obama's financial overhaul law by trying to wea...

Consumer Protection Agency Could Watch Over '100,000 Firms'

Posted 08.24.2011 | Business

That "little government agency," as it was described by its staunchest defender, Elizabeth Warren, could end up overseeing tens of thousands of firms ...

Tim Geithner: Banks Have Spent Vast Sums To 'Erode' Financial Reform

The Huffington Post | Bonnie Kavoussi | Posted 08.23.2011 | Business

Nearly one year after Congress passed financial reform, Timothy Geithner appears to have had enough with anti-Dodd-Frank lobbying efforts. Treasury...

Mitch McConnell: Slowing Down Financial Regulation Good For U.S.

NASDAQ | Corey Boles | Posted 08.22.2011 | Politics

WASHINGTON -(Dow Jones)- The senior Senate Republican voiced strong support for House Republican efforts to reduce the budgets of the primary federal ...

Republicans Do Not Have the Power to Block an Elizabeth Warren Recess Appointment

David Arkush | Posted 08.21.2011 | Politics
David Arkush

If you're following the story of whether President Obama will nominate Elizabeth Warren to head the Consumer Financial Protection Bureau, you've probably heard that Republicans found a way to block even a recess appointment. It turns out that's mistaken.

Preventing Predatory Lending by For-Profit Colleges

Rep. Mike Honda | Posted 08.13.2011 | Business
Rep. Mike Honda

Today, many for-profit colleges have picked up where the subprime lenders left off. They are using the same promise of the American dream as bait to trap vulnerable students into underperforming schools and saddling them with a lifetime of debt.

Obama Announces Pick For FDIC Chairman

AP | By DARLENE SUPERVILLE | Posted 08.10.2011 | Business

WASHINGTON -- President Barack Obama said Friday that he will nominate Martin J. Gruenberg to become chairman of the Federal Deposit Insurance Corp. ...

The Strongest Progressive In The Room

prospect.org | Posted 08.10.2011 | Politics

Elizabeth Warren, the Harvard law professor serving as temporary head of the Consumer Financial Protection Bureau (CFPB), must wish she had a clone....

McConnell: Opposition To Elizabeth Warren 'Not Sexist,' GOP Will Block 'Any Nominee'

The Washington Post | Ylan Q. Mui | Posted 08.10.2011 | Politics

But an aide to Senate Minority Leader Mitch McConnell (R-Ky.) said Thursday that the lawmaker stands by his vow to block any candidate. Late last mont...

Will the President Pass the Warren Test?

Robert L. Borosage | Posted 08.09.2011 | Politics
Robert L. Borosage

Will the president name the indisputably best leader -- Elizabeth Warren -- to head the Consumer Financial Protection Bureau, the agency that she conceived, championed and constructed? This is not a high bar. In fact, the choice couldn't be easier.

The Roadblocks To Wall Street Reform

ProPublica | Jesse Eisinger and Jake Bernstein | Posted 08.03.2011 | Business

Early last year, as they weighed whether to bar banks from speculative trading with their own money, congressional staffers turned to a key regulator ...

The GOP Ramps Up Assault On Elizabeth Warren

The Nation | Posted 08.02.2011 | Politics

The three chief sponsors of the CFPB bills -- Duffy, Bachus and Shelley Moore Capito -- received a total of $1.4 million from the finance, real estate...

Issa To Warren: We Have More Questions

Posted 08.01.2011 | Politics

WASHINGTON -- Republicans in the House of Representatives want another crack at Elizabeth Warren in the witness chair following a tense hearing la...

An Open Letter to Chairman Patrick McHenry Regarding Accusations Against Professor Elizabeth Warren

David Arkush | Posted 07.31.2011 | Politics
David Arkush

Chairman Patrick McHenry Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs Committee on Oversight and Government...

Michael McAuliff

Progressives Demand Backdoor Appointment For Elizabeth Warren

HuffingtonPost.com | Michael McAuliff | Posted 07.26.2011 | Politics

WASHINGTON -- Forget the buzz about Elizabeth Warren running for Senate. Progressives still want her to run the Consumer Financial Protection Bureau s...

Amanda Terkel

Al Franken To Obama: Give Elizabeth Warren A Recess Appointment

HuffingtonPost.com | Amanda Terkel | Posted 07.25.2011 | Politics

WASHINGTON -- Sen. Al Franken (D-Minn.) urged President Obama Wednesday to grant Elizabeth Warren a recess appointment to head the Consumer Financial ...

GOP Congressman: Consumer Protection Bureau Has 'Virtually Unchecked' Power

The Huffington Post | William Alden | Posted 07.24.2011 | Business

The Republican attack on Elizabeth Warren and the Consumer Financial Protection Bureau shows little sign of soon fading. Continuing the months-long...

As Republicans Declare War on Bank Customers, A Call to Support Warren

Richard (RJ) Eskow | Posted 07.20.2011 | Politics
Richard (RJ) Eskow

Pressure is growing for the president to make a "recess appointment" of Elizabeth Warren to head the Consumer Financial Protection Bureau. This would make sense politically, but what matters a lot more is that it would also be an excellent move for the country.

WATCH: Shahien Nasiripour Says, 'The Government's Here To Play Ball'

Huff TV | Posted 07.18.2011 | Business
Huff TV

Shahien Nasiripour, Senior Business Reporter for The Huffington Post, appeared on "Democracy Now!" to discuss his recent report, "Confidential Federal...

Shahien Nasiripour

Confidential Federal Audits Accuse Five Biggest Mortgage Firms Of Defrauding Taxpayers

HuffingtonPost.com | Shahien Nasiripour | Posted 07.16.2011 | Business

WASHINGTON -- A set of confidential federal audits accuse the nation’s five largest mortgage companies of defrauding taxpayers in their handling of ...