What are some of the protections we wouldn't have at all, if Senator McConnell and Wall Street have their way and we didn't have a Consumer Financial Protection Bureau at all?
She now has an opportunity to show that she also has the strength of character to lead this often-fractious agency in these difficult and challenging times. Nothing less than the safety and integrity of our capital markets depend on the choices she makes.
We not only need to rein the banks in but we've got to delegate the responsibility for measuring household wealth -- and hopefully come up with ways to boost it -- to an agency that's more in touch with "the 99%."
In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.
Kudos to President Obama for standing up for consumers this week by making a recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau.
After a classic David and Goliath showdown between Wall Street might and a small band of reformers, a 2,000 page Wall Street reform bill passed the U....
Nearly two years after the reckless behavior of the Big Banks took our economy to the edge of the abyss and cost 8 million Americans their jobs, Congr...
We are close to winning passage of reforms that will keep billions of dollars in consumer's pockets and begin the reversal of decades of deregulation. We can't lose momentum now.
Yesterday, after blocking three votes, Republicans relented, and allowed public debate and amendments to proceed to the full Senate on Wall Street ref...
Progressive backers of financial reform are pushing Sen. Russ Feingold (D-WI) to reconsider his protest vote against imposing tougher rules on Wall St...
Big bankers know how to dodge taxes on their earnings and bonuses leaving middle class Americans holding the bag. The solution? It's time to take it back.
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.
Lobbyists for the financial services industry opposed to an overhaul of the derivatives market outnumber pro-reform lobbyists 11 to one since the begi...
The pending financial reform bill in the Senate may not accomplish President Barack Obama's goal of reforming the unregulated derivatives market, pote...
The first rule of real financial reform is that you can't stop fighting for it.
The second rule of real financial reform is that you CAN'T STOP fight...
Dodd is expected to release the financial reform bill this week. Since legislation usually doesn't get any better after it is introduced, if we are going to get a strong, independent Consumer Financial Protection Agency, we have to act now.
Will Ferrell, Fred Armisen, Chevy Chase, Dan Aykroyd, Dana Carvey and Darrell Hammond, the Saturday Night Live actors who have played every American ...
As the Greed Olympics heats up, it is time for Americans to stop being spectators. The President and Congress shouldn't be the only ones judging the competition and handing out the medals.
This post has been updated. Please see below.
The financial regulatory reform bill that emerges from a key Senate committee will likely call for an a...
Frank Luntz, pollster to the right wing and Wall Street agenda, has written a 17-page memo on how to talk about financial reform in order to destroy it.
How can these bankers justify awarding themselves bonuses that rival the budgets of some small countries? It's shocking, and more than a slap in the face to those millions of unemployed Americans.
Last night in his State of the Union address, President Obama reinforced his ambitious agenda to fix the economy and enact financial reform, including...
With no regard for history -- and here I mean the events of only 12 months ago -- the Republicans and Big Banks have the audacity to contend that the creation of jobs requires the lowest levels of regulation possible.