There is a new sheriff in town and he carries a big stick. The sheriff's name is Richard Cordray, Director of the Consumer Financial Protection Bureau, and he is going to shake things up.
The CFPB, conceived by now Senator-elect Elizabeth Warren, is a very rare animal -- a bona fide start-up within the Federal Government. Don't snicker.
Without a doubt, more needs to be done to protect all borrowers from predatory lending and steering. Financial companies on Wall Street must be held accountable with tougher rules and enforcement to prevent the practices that caused the financial crisis.
A working market needs rules, and the Consumer Financial Protection Bureau is starting to level the playing field. That's a good thing for consumers -- and it didn't come a moment too soon.
In it first 365 days, the Consumer Financial Protection Bureau has already done more to protect the American public than this do-nothing Congress has accomplished since it was sworn in back in the dawn of 2011.
Our community's skepticism is warranted, but there is one reason to think that these latest efforts may be the precursor to true relief: Elected officials finally seem to have gotten the message that voters care about housing.
Financial problems consistently rank among the top stressors for military families. Mortgage problems at home can weigh heavily on those serving abroad and even affect mission readiness.
The message that government rules stifle economic activity is so pervasive that it's easy to forget that intelligent regulation can protect the economic well-being of ordinary Americans, preserving jobs and helping the whole economy.
Many U.S. attorneys general are working with each other and with the federal government to control and eventually eradicate the scourge that is unethical debt collectors, because just one strategy alone seems not to be enough.
State Senator Mark Leno has sponsored Senate Bill 890, also known as the "Fair Debt Buyer Practices Act." If signed into law, it will correct injustices that Californians have endured for years.
The targets for debt collectors have doubled in the last decade, with 14 percent of U.S. consumers today subject to debt collection. This 14 percent represents tens of millions of voters.
Take the money out of politics, protect Americans right to vote, and make it easier for more Americans to exercise their Constitutional rights -- three issues it's hard to oppose and can help bolster your credentials as a man of the People, Mr. President.
Please -- cut the hyperbole, senators, and get back to work.
A recent Chicago Tribune editorial expresses concern for the future well-being of every financial company -- from payday lenders to big banks -- now t...
The battle over Mr. Cordray's nomination is over. It is time for Senate Republicans to take up the business of the nation's courts and address the nearly 200 million Americans living in jurisdictions with courts unable to function as designed.
Now that Christmas is behind us and the next major election is less than ten months off, 'tis the season to be fighting. And President Obama himself has just scored the first punch of the new year.