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.
Although it is very likely that Cordray's recess confirmation will be challenged, it is clear that President Obama had both the legal authority and moral obligation to make this appointment.
5.1 percent of loans made to whites from 2004 to 2008 ended in foreclosure. For African Americans, the rate of foreclosure is 9.8 percent. For Latinos, it is 11.9 percent, more than double the white rate.
If circumventing gridlock in order to promote the financial "health, safety and welfare" of the American people by way of a recess appointment during a highly questionable non-recess recess gets us to the finish line, sign me up.
Congratulations, Mr. President. This week you followed your increasingly populist rhetoric with some decisive action on behalf of the middle class.
The issue is President Obama's recess appointment on Wednesday of Richard Cordray as the director of the Consumer Financial Protection Bureau. Should the Republicans take Obama to court?
This morning President Obama appointed former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau. It's was the right move, and it's about time.
I'm feeling like this was a very good morning for the President: Romney is still the likely winner of the nomination, but his fight against Rick Santorum will be tougher than anyone is currently predicting and will open up deep divisions in the Republican party.
Today, I was appointed by President Obama to serve as the first Director of the Consumer Financial Protection Bureau. I am honored by this opportunity to continue my work on behalf of consumers. And I am energized by the responsibilities and challenges facing the Bureau.
As we approach November 6, 2012, there are a few things you should ponder before reflexively casting a ballot for the guy whose name seems most familiar. Let's look at the numbers.
As expected, last week Senate Republicans blocked President Obama's nomination of Rich Cordray to lead the new CFPB. They continue to hold the agency hostage, taking the unprecedented step of blocking its leadership unless the agency is first weakened.