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Consumer Financial Protection

How To Pick A Financial Advisor

Jim T. Miller | Posted 03.29.2014 | Fifty
Jim T. Miller

With all the different financial advisers and services available today, choosing a trusted professional that can meet your needs can be a bit confusing. Here are some suggestions that can help.

Deceptive Overdraft Fees: There Ought to Be a Law!

Rep. Carolyn Maloney | Posted 03.27.2013 | Politics
Rep. Carolyn Maloney

If you ask around, it's pretty easy to find someone who has a bank account overdraft horror story to tell. The Overdraft Protection Act of 2013, which I introduced last week with 42 cosponsors, would rein in abusive banking practices that hit the unwary hard.

A Sign That He's Helping People

The Huffington Post | Bonnie Kavoussi | Posted 04.20.2012 | Money

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

Nominate Elizabeth Warren -- Provide the Pecora Hearings We Need

Simon Johnson | Posted 07.04.2011 | Business
Simon Johnson

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.

Ryan Grim

Elizabeth Warren: Consumer Bureau 'The First Real Agency We've Built In The 21st Century' (VIDEO) | Ryan Grim | Posted 05.25.2011 | Politics

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

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

Victor Williams | Posted 05.25.2011 | Politics
Victor Williams

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

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

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

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.

Shahien Nasiripour

FDIC's Sheila Bair Backs Consumer Agency, Defying Other Regulators | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Ryan Grim

GOP Tensions Simmer Over CFPA | Ryan Grim | Posted 05.25.2011 | Politics

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

Ryan Grim

Even Watered-Down CFPA Doesn't Satisfy Key Republican | Ryan Grim | Posted 05.25.2011 | Politics

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

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

Posted 05.25.2011 | Business

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

Shahien Nasiripour

Seniors Overwhelmingly Support Financial Reform, AARP Survey Says | Shahien Nasiripour | Posted 05.25.2011 | Business

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

What Consumers Can Do About Overdraft Fees

Christine Escobar | Posted 05.25.2011 | Business
Christine Escobar

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.

Ryan Grim

Consumer Financial Protection Fight Enters New Round | Ryan Grim | Posted 05.25.2011 | Business

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...

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

Norman I. Silber | Posted 05.25.2011 | Business
Norman I. Silber

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.

Ryan Grim

Greenspan Backs Key Obama Wall Street Reform Effort | Ryan Grim | Posted 05.25.2011 | Politics

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...

Splits in Banking Industry Beginning to Surface

Mike Lux | Posted 05.25.2011 | Home
Mike Lux

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.