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Shahien Nasiripour

Consumer Agency Calls For Student Debt Relief

HuffingtonPost.com | Shahien Nasiripour | Posted 05.08.2013 | Business

Households struggling under the weight of student debt burdens moved one step closer to a lifeline Wednesday, after the federal consumer regulator sug...

Shahien Nasiripour

Regulators Sound The Alarm About Risks Of Student Debt

HuffingtonPost.com | Shahien Nasiripour | Posted 04.23.2013 | Business

WASHINGTON -- The panel of senior U.S. regulators charged with safeguarding the financial system will warn this week about risks posed by the rapidly ...

In the Public Interest: Senator McConnell Says We Shouldn't Have a CFPB At All

Ed Mierzwinski | Posted 04.22.2013 | Business
Ed Mierzwinski

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?

OCC Ya! The Government Agency That Should Fine Itself

Adam Levin | Posted 04.19.2013 | Business
Adam Levin

Let's face it. The biggest bank regulator in the U.S. is an abject failure. Worse, it's costing us oodles of money, and not just from bounced checks.

Shahien Nasiripour

Student Debt May Dampen College Grads' Boost To Economy

HuffingtonPost.com | Shahien Nasiripour | Posted 05.10.2013 | Business

BOSTON -- The overhang of student debt on young workers may inhibit consumption and future borrowing, researchers at the Federal Reserve Bank of New Y...

Will Shutting Down Captive Reinsurance Affiliates Reduce the Cost of Mortgage Insurance to Borrowers?

Jack M. Guttentag | Posted 04.16.2013 | Business
Jack M. Guttentag

The Consumer Financial Protection Bureau is right that mortgage reinsurance arrangements are really kickbacks for the referral of business, but it is wrong in suggesting that eliminating them will reduce costs to borrowers.

Stand Up for Consumers

Bill Bartmann | Posted 04.12.2013 | Politics
Bill Bartmann

It is vital that the Senate confirm Richard Cordray so the CFPB can get on with its important work. The confirmation of Mr. Cordray will begin to level the playing field and guarantee every consumer fair treatment.

Eleazar David Melendez

Federal Regulator Issues Tiny Fine For Financial Companies Engaged In Massive Fraud

HuffingtonPost.com | Eleazar David Melendez | Posted 04.04.2013 | Business

For more than a decade, four mortgage insurance companies paid illegal kickbacks to banks as part of a scheme that greatly inflated insurance costs fo...

Monsant-Oh No!

Alex Palombo | Posted 03.28.2013 | Politics
Alex Palombo

The Monsanto Protection Act is a continuation on the trend of corporations getting away with shafting their customers out of millions, leaving consumers worse for the wear and letting corporations off scot-free.

Eleazar David Melendez

Consumer Protection Agency Will Regulate Student Loan Debt Collectors

HuffingtonPost.com | Eleazar David Melendez | Posted 03.14.2013 | Business

The Consumer Financial Protection Bureau on Thursday announced new rules aimed at cracking down on alleged abuses by companies that collect debts for ...

Mark Gongloff

Elizabeth Warren Blasts Senate Republicans For Holding Up CFPB Nomination

HuffingtonPost.com | Mark Gongloff | Posted 03.13.2013 | Business

Elizabeth Warren may be glad she didn't end up running the Consumer Financial Protection Bureau, because in her consolation job as a U.S. senator, she...

5 Reasons Why Republicans Should Confirm Richard Cordray as CFPB Director

Bill Bartmann | Posted 05.11.2013 | Politics
Bill Bartmann

Tomorrow the Senate Banking Committee will hold hearings on the appointment of Richard Cordray as Director of the Consumer Financial Protection Bureau.

Federal Agency Zeroes In On Private Student Loan Crisis

The Huffington Post | Tyler Kingkade | Posted 02.25.2013 | Business

The Consumer Financial Protection Bureau announced Thursday that it is taking another dive into the student debt crisis. The agency will focus on refi...

Zach Carter

Republicans Offer Wall Street Reform Deal

HuffingtonPost.com | Zach Carter | Posted 02.12.2013 | Politics

WASHINGTON -- After more than four years of blanket opposition to Wall Street reform, House Republicans are finally offering Democrats a deal. But the...

Qualified Mortgages From the CFPB: Buyer Beware!

D. Sidney Potter | Posted 02.04.2013 | Business
D. Sidney Potter

Misrepresenting oneself to oneself has to be the lowest form of self-flattery. Not only does it breach the mother of all truism -- "know thyself" (wri...

GOP Senators Vow To Block Another Obama Nominee

AP | JIM KUHNHENN | Posted 04.03.2013 | Politics

WASHINGTON — Renewing a 3-year-old fight over bank oversight, Senate Republicans said Friday they will oppose President Barack Obama's nominee t...

Michael McAuliff

Republicans Try To Defund CFPB, Labor Board Actions

HuffingtonPost.com | Michael McAuliff | Posted 02.01.2013 | Politics

WASHINGTON -- Republican senators are moving to target the Consumer Financial Protection Bureau as well as the National Labor Relations Board in the w...

Federal Agency Investigating College Campus Banking Services

The Huffington Post | Tyler Kingkade | Posted 02.19.2013 | Business

The Consumer Financial Protection Bureau announced Thursday it is opening an investigation into whether students are actually benefiting from banking ...

Consumers Need Cordray Confirmed

Bill Bartmann | Posted 04.02.2013 | Politics
Bill Bartmann

The CFPB, charged by law to protect consumers, has an equally important role to protect honest businesses. Mr. Cordray has repeatedly emphasized the value honest businesses accrue when dishonest businesses are driven out of the marketplace. He has made good on his promise.

Should Obama Pull a 'W' on the Obstructionist Assault?

Adam Levin | Posted 03.30.2013 | Politics
Adam Levin

I hate to say it, because I wasn't a fan, but this never would have happened under George W. Bush. There was a president who got what he wanted.

Who's Behind the Latest Bank Giveaway?

Adam Levin | Posted 03.26.2013 | Business
Adam Levin

After raising hopes that some defrauded homeowners may finally see justice, the agency's bungled investigation and rushed settlement only managed to twist the knife deeper. Simply put, it's a travesty and still, no one goes to jail.

Zach Carter

New Senator Takes Cue From Elizabeth Warren

HuffingtonPost.com | Zach Carter | Posted 01.04.2013 | Politics

WASHINGTON -- Freshman Sen. Angus King (I-Maine) joined Sen. Elizabeth Warren (D-Mass.) this week in the fight to rein in the financial establishment....

2013 -- The Year of the Consumer

Bill Bartmann | Posted 03.02.2013 | Business
Bill Bartmann

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.

How to Solve Personal Finance's Stay-at-Home Spouse Problem

Odysseas Papadimitriou | Posted 02.20.2013 | Business
Odysseas Papadimitriou

There are more than 16 million stay-at-home spouses in the United States, and they're currently in an unenviable position.

The Dodd-Frank Act Paved the Way for Effective Gun Laws

Adam Levin | Posted 02.18.2013 | Politics
Adam Levin

When it comes to firearms, the promise is total power, and it is no illusion. The problem is that they give that power indiscriminately to anyone who holds them. It is more power than anyone should have.