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Bank Lobby

Bank Lobby Opposes Telling Students How Much Colleges Make Off Campus Debit Cards

Inside Higher Ed | Posted 08.21.2014 | College

A group that represents consumer banks is pushing back against warnings by the Consumer Financial Protection Bureau that undisclosed arrangements betw...

Coming Soon: Another London Whale Shocker?

Dimitri B. Papadimitriou | Posted 08.18.2013 | Business
Dimitri B. Papadimitriou

Did the London Whale revelations result in protections for bank customers -- and their federal insurers -- from this kind of gambling?

Mark Gongloff

No Bank Lobbies Harder Than JPMorgan

HuffingtonPost.com | Mark Gongloff | Posted 05.31.2013 | Business

When it comes to working the refs, no bank works harder than JPMorgan Chase. The biggest U.S. bank by assets spent $8 million lobbying Congress on ...

Since When Did Megabanks Become Your Evil Step-Mother?

Adam Levin | Posted 05.11.2013 | Business
Adam Levin

Banks say transaction reordering is not simply a new way to squeeze profits from unsuspecting customers. They claim that by processing the largest transactions first, they're actually doing us a solid.

Will New Congress Believe Banks' Inflated Claims of Good Corporate Citizenship?

Aaron Dorfman | Posted 03.05.2013 | Politics
Aaron Dorfman

This summer, Wells Fargo paid $175 million to settle federal accusations that it steered black and Latino borrowers into high-cost loans and charged them excessive fees. Is Wells trying to make amends for its racism by increasing investment in communities of color? No.

There's a Chance Your Credit Report Is Wrong and the New Consumer Agency Is Hamstrung

Jane White | Posted 02.05.2013 | Business
Jane White

Why don't we have tougher laws that prohibit banks and credit card companies from fabricating negative credit scores so that they can charge higher interest rates and laugh all the way to the bank?

Mark Gongloff

How Wall Street Might Still Kill Financial Reform

HuffingtonPost.com | Mark Gongloff | Posted 11.14.2012 | Business

Financial reformers have won a small battle in their fight with Wall Street over financial regulation, but they're still at risk of losing the war. ...

Mark Gongloff

Risky Business Pays Off For Wall Street

HuffingtonPost.com | Mark Gongloff | Posted 09.06.2012 | Business

To listen to bankers tell it, President Barack Obama has been their worst nightmare. But considering how easy banks have actually had it since the fin...

The Close Ties Between Congress And JPMorgan

ProPublica | Cora Currier | Posted 06.19.2012 | Business

By Cora Currier ProPublica JPMorgan Chase CEO Jamie Dimon is on Capitol Hill again today, this time to talk to the House Financial Services commit...

What's With Jamie Dimon's Cufflinks?

The Huffington Post | Harry Bradford | Posted 06.15.2012 | Business

For as many questions as JPMorgan Chase CEO Jamie Dimon’s recent testimony answered, there was one that it raised: What’s with the presidential cu...

Disempowered Bankers Start Super PAC, Reveal Plans for World Domination

Blair Bowie | Posted 06.06.2012 | Politics
Blair Bowie

When is Packard imagining himself having this conversation and what will he be asking for to call off the hounds? This statement speaks volumes about how the industry thinks about its involvement in politics.

While Jamie Dimon Gently Weeps, Another "Big Stick" Bank Attack on Democracy

Richard (RJ) Eskow | Posted 06.05.2012 | Politics
Richard (RJ) Eskow

The new SuperPAC is meant to consolidate the bankers' stranglehold over our politics and our lives.

Former Treasury Counselor Could Move To Goldman Sachs

The Huffington Post | Alexander Eichler | Posted 02.01.2012 | Business

The revolving door between Wall Street and Washington is about to turn once more. Richard Siewart, onetime counselor to Treasury Secretary Timothy...

Dan Froomkin

Auction 2012: How The Bank Lobby Owns Washington

HuffingtonPost.com | Dan Froomkin | Posted 01.30.2012 | Politics

Auction 2012 is a weeklong series in collaboration with "The Dylan Ratigan Show" and United Republic. When Washington puts policy on the auction bl...

Simon Johnson: The Big Banks Fight On

The New York Times | SIMON JOHNSON | Posted 08.15.2011 | Business

The bank lobbyists have a problem. Last week, they lost a major battle on Capitol Hill, when Congress was not persuaded to suspend implementation of t...

Elizabeth Warren's Opponents Don't Like Her Because She's A Woman, Congressman Says

AP | ALAN FRAM | Posted 08.02.2011 | Politics

WASHINGTON -- A leading House Democrat said Thursday that some opposition to making Elizabeth Warren head of the new Consumer Financial Protection Bur...

Zach Carter

Senators Back Delay In Crackdown On Fees That Yield Billions For Banks

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- On Tuesday, a group of nine senators led by Montana Democrat Jon Tester put their names behind legislation to delay the Federal Reserve'...

Zach Carter

Bank Lobby Splinters On CFPB Ahead Of Director Confirmation Deadline

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- A rift is emerging among bank lobbyists over the new Consumer Financial Protection Bureau as the deadline approaches for President Barac...

Zach Carter

In Stealth Lobbying Move, Wall Street Coordinates With Check-Cashers, Payday Lenders To Gut CFPB

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- Wall Street banks are deploying little-known lobbying organizations who represent companies like Pizza Hut and Radio Shack in a new push...

Zach Carter

Liberal Think Tank Parrots Bank Lobby

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Business

The following is produced in partnership with The Dylan Ratigan Show's weeklong "No Way To Live" series on the financial crisis and its impact on ordi...

Zach Carter

Community Banks Win By Losing: Inside The K Street Hustle

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Business

WASHINGTON - During the fight over Wall Street reform, community banks were most often pitted against their behemoth rivals. Small banks, which hold g...

Crony Capitalism: Wall Street's Favorite Politicians

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

All 21 senators who voted with Wall Street on the bailout and financial reform are Republicans, and Republicans raked in over 90 percent of the total campaign contributions.

Elizabeth Warren Meets With Bank Lobbyists

washingtonpost.com | Posted 05.25.2011 | Business

Elizabeth Warren, a top candidate to lead the new Bureau of Consumer Financial Protection, met quietly last week with some of her sharpest critics: bi...

SIMON JOHNSON The Bank Lobbyists Are Wrong: Why Higher Capital Standards Are Needed

New York Times | Simon Johnson | Posted 05.25.2011 | Business

At one level, the pursuit of higher and more robust capital requirements for banks is not going well. The United States Treasury insisted, throughout ...

J.P. Morgan Still Hates the Economy

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

J.P. Morgan's Chief Economist James Glassman recently indulged in a vaguely worded assault on financial reform, arguing that Congress is about to ruin the economy by cracking down on Wall Street. Don't believe a word of it.