Cfpa

Wall Street: the Real Roadblock to Economic Recovery

Anna Burger | Posted 11.02.2009 | Business


Anna Burger

When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.

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

Norman I. Silber | Posted 11.02.2009 | 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

GOP Tried To Block Elizabeth Warren From Heading Agency She Proposed

HuffingtonPost.com | Ryan Grim | Posted 10.27.2009 | Politics


The person leading a regulatory agency is often more important than the structure and the scope of its powers. Think of Alberto Gonzales or Elliot Spi...

Shahien Nasiripour

Ed Yingling: Banking Industry's Top Defender Got It Wrong Over and Over Again

HuffingtonPost.com | Shahien Nasiripour | Posted 10.26.2009 | Business


As the American Bankers Association gathers for its annual convention in Chicago amid hundreds of protesters, and sets off to kill or at least defang ...

Shahien Nasiripour

Obama Administration Praises Consumer Protection Bill, Deflects Criticism Of Loopholes

HuffingtonPost.com | Shahien Nasiripour | Posted 10.23.2009 | Business


The Obama administration on Friday strongly praised a House committee's vote to create a new federal consumer financial protection agency, despite the...

Car Dealers Exempt From New Consumer Protection Agency

Steve Parker | Posted 10.22.2009 | Business


Steve Parker

The House Financial Services Committee approved a key amendment Thursday, 47-21, to keep automobile dealers exempt them from a new government consumer protection agency.

Ryan Grim and Jason Linkins

Outspoken As Ever, Elizabeth Warren Is Working Closely With Congress On Reform Legislation

HuffingtonPost.com | Ryan Grim and Jason Linkins | Posted 10.22.2009 | Politics


Jason Linkins contributed to this story. As Members of Congress debate the most sweeping reform of the financial industry in decades, some are workin...

Jeff Muskus

Consumer Financial Protection Act Passed By House Committee

HuffingtonPost.com | Jeff Muskus | Posted 10.22.2009 | Politics


The proposed Consumer Financial Protection Agency took another step forward Thursday in the House, moving out of the Financial Services Committee -- a...

Frank Allowing Weakening Amendments to Financial Reform to Pass Without Roll Call Votes

Mike Elk | Posted 10.20.2009 | Politics


Mike Elk

Because exempting so many banks from regulation is highly unpopular, members of Congress don't want voters to know that they voted for such ridiculous measures.

Ryan Grim

Bean Amendment Beaten Back (For Now), A Blow To Wall Street

HuffingtonPost.com | Ryan Grim | Posted 10.19.2009 | Politics


In a major defeat for Wall Street banks, Rep. Melissa Bean (D-Ill.) has decided to withdraw an amendment that divided Democrats as they seek to impose...

Wall Street's Favorite Democrat Misrepresents Financial Watchdog Elizabeth Warren

Mike Elk | Posted 10.15.2009 | Business


Mike Elk

Democratic Congresswoman Melissa Bean is earning the title of Wall Street's favorite Democrat. The leader in the New Democrat Coalition has pocketed almost $2.2 million from the banking and financial services interests.

Invite Regular Folks to the White House

Trey Ellis | Posted 10.15.2009 | Politics


Trey Ellis

To re-energize the angry many that elected him, Obama needs to publicly bar representatives of the powerful few from the White House until they agree, concretely, to better serve the angry many.

Lobbyists Target House Financial Services Committee Today

The Huffington Post | Jenna Staul | Posted 10.14.2009 | Business


Lobbyists are honing in today on the House Financial Services Committee, which will begin marking up legislation on the controversial Consumer Financi...

Stopping Banks From Fleecing, Looting, Scamming, Robbing, Swindling, Tricking, Cheating, Conning, and Generally Ripping Us Off

Dave Johnson | Posted 10.13.2009 | Business


Dave Johnson

This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a ...

Shahien Nasiripour

States Should Be Allowed To Protect Consumers From Big Banks, Obama Says

HuffingtonPost.com | Shahien Nasiripour | Posted 10.09.2009 | Business


President Barack Obama reaffirmed his commitment Friday to allowing states to adopt stronger consumer protection measures than the federal government ...

Shahien Nasiripour and Jeff Muskus

Top Republican Calls Proposed Consumer Protection Agency "Fundamentally Flawed"

HuffingtonPost.com | Shahien Nasiripour and Jeff Muskus | Posted 09.30.2009 | Business


In a move sure to delight bankers, the top Republican on the House Financial Services Committee on Wednesday called the Obama administration's plan fo...

Will Obama Fight For The Consumer Financial Protection Agency?

Washington Post | Simon Johnson and James Kwak | Posted 09.29.2009 | Politics


The next couple of months will be crucial in determining the shape of the financial system for decades to come. And so far, the signs are not encourag...

Ryan Grim

Greenspan Backs Key Obama Wall Street Reform Effort

HuffingtonPost.com | Ryan Grim | Posted 09.28.2009 | 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...

Banks Aim To Kill Consumer Protection Agency -- With GOP Help

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 09.24.2009 | Politics


If you doubt that U.S. banks long to return to the days of impotent regulation, you need only look at one of the financial sector's top legislative pr...

Barney Frank On Consumer Agency Plan: Scale It Back

Yahoo! News | Kevin Drawbaugh | Posted 11.23.2009 | Business


WASHINGTON (Reuters) -- The Congress' chief author of financial regulatory reform moved on Tuesday to kill the most controversial part of an Obama adm...

Ryan Grim

Frank Bites Back, Demands Retraction Of Blue Dog Comments In Politico

HuffingtonPost.com | Ryan Grim | Posted 11.21.2009 | Politics


Backers of President Obama's cornerstone financial regulatory reform proposal pushed back Monday against the Blue Dog Coalition, which is promoting a ...

Obama's Financial Reform Speech Fizzles

Marshall Auerback | Posted 11.17.2009 | Business


Marshall Auerback

For all of the lofty talk about establishing "the most ambitious overhaul of the financial system since the Great Depression," Obama's reforms amount to nothing more than a reshuffling of the deckchairs on the Titanic.

Consumer Protection Should Work for Consumers

Tom Donohue | Posted 11.08.2009 | Business


Tom Donohue

Creating the Consumer Financial Protection Agency to deal with consumer finance issues makes about as much sense as dictating the sizes, flavors, and temperature of coffee because a few consumers spilled their beverages and were burned.

Real Change: Turning Up the Heat on Non-Bank Lenders

Elizabeth Warren | Posted 10.19.2009 | Business


Elizabeth Warren

The big banks are storming Washington, determined to kill the Consumer Financial Protection Agency. But there is an even bigger change in the wind: regulating the non-banks.