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.
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.
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.
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.
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.
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.