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Consumer Financial Protection Agency

Elizabeth Warren: Financial Rules 'Literally Don't Work Anymore,' Regulations Should Be 'Clear And Painful'

Posted 11.17.2009 | Business

Read More: James Surowiecki, Elizabeth Warren, Elizabeth Warren Consumer Financing, The New Yorker, Financial Firms, Consumer Financial Protection Agency, Troubled Asset Relief Program, Elizabeth Warren Harvard Law, Congressional Oversight Panel, Business News

Elizabeth Warren, a professor at Harvard Law School who has more recently assumed the role of chairwoman of the Congressional Oversight Panel for the ...

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The Dilemma's Innovator

Harry Moroz | Posted 11.13.2009 | Politics

Read More: Clusterstock, Mortgage, Business Insider, John Carney, Consumer Financial Protection Agency, New York Times, Fail, Homebuyers Tax Credit, Politics News
Harry Moroz

Instead of perpetuating the federal government's over-subsidization of homeowners and under-subsidization of renters, Congress should work to develop a housing policy that helps, not hurts, low-income households.

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Shahien Nasiripour and Ryan Grim

Dodd's Banking Bill Takes The Fed Down A Notch Or Two: HELP US DIG THROUGH IT

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business

Read More: Senator Chris Dodd, Consumer Financial Protection Agency, Financial Reform, Senate Banking Committee, Banking, Banks, Federal Reserve, Financial Crisis, Chris Dodd, Financial Regulation, Business News

Scroll down to see how you can help HuffPost dig through Dodd's new bill. "This is not a time for timidity," Senate Banking Committee Chairman Chris ...

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Why Financial Literacy is a Mirage

Eric Schurenberg | Posted 11.05.2009 | Business

Read More: 401(K), Gao, Financial Literacy Education Commission, Ben Bernanke, Financial Literacy and Education Improvement Act, Consumer Financial Protection Agency, Financial Literacy, Business News
Eric Schurenberg

What makes financial literacy such an attractive goal today? One benefit is that it deflects attention from reforming financial services.

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Wall Street: the Real Roadblock to Economic Recovery

Anna Burger | Posted 11.02.2009 | Business

Read More: Foreclosures, Anna Burger, Wall Street, Consumer Financial Protection Agency, Cfpa, Financial Reform, Banks, Executive Compensation, Seiu, Business News
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.

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

Norman I. Silber | Posted 11.02.2009 | Business

Read More: Consumer Financial Protection Agency, Consumer Financial Protection, Cfpa, Regulation, Chamber of Commerce, House Financial Services Committee, American Bankers Association, Business News
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.

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Barney Frank Disagrees With Obama On Fund, May Face Fight With Some Financial Firms

bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics

Read More: JP Morgan Chase, Treasury Department, Shareholders, Federal Deposit Insurance Corp., Barney Frank, Bloomberg Television, Aig, Obama Administration, Regulate Financial Firms, Financial Services Roundtable, Goldman Sachs, U.S. House Financial Services Committee, Financial Firms, Consumer Financial Protection Agency, Timothy Geithner, Sheila Bair, Political Capital With Al Hunt, Scott Talbott, Politics News

Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...

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Ryan Grim

GOP Tried To Block Elizabeth Warren From Heading Agency She Proposed

HuffingtonPost.com | Ryan Grim | Posted 10.27.2009 | Politics

Read More: Elizabeth Warren, Scott Garrett, Cfpa, Barney Frank, Elizabeth Warren GOP, Consumer Financial Protection Agency, Elizabeth Warren CFPA, Barney Frank Elizabeth Warren, Politics News

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...

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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

Read More: Aba, Financial Reform, Lobbyists, Cfpa, Credit Cards, Heather Booth, Americans for Financial Reform, Consumer Financial Protection Agency, Edward L. Yingling, Ed-Yingling, Overdraft Fees, Financial Crisis, Banks, Bank Lobbying, Edward Yingling, Ed Yingling, Financial Regulation, American Bankers Association, Business News

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 ...

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Shahien Nasiripour

Obama Administration Praises Consumer Protection Bill, Deflects Criticism Of Loopholes

HuffingtonPost.com | Shahien Nasiripour | Posted 10.23.2009 | Business

Read More: Cfpa, Treasury Department, Financial Crisis, Consumer Protection Agency, Timothy Geithner, Consumer Financial Protection Agency, President Obama, Michael Barr, Business News

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

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Car Dealers Exempt From New Consumer Protection Agency

Steve Parker | Posted 10.22.2009 | Business

Read More: Walt Minnick, White House, National Automobile Dealers Association, North Dakota, Congress, California, Mike Castle, John Campbell, President Obama, Cfpa, Cars, Federal Reserve, Federal Trade Commission, Mississippi, Consumer Financial Protection Agency, Delaware, Travis Childers, House Financial Services Committee, Business News
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.

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Showdown in Chicago

Richard Trumka | Posted 10.22.2009 | Business

Read More: American Bankers Association, CEO Pay, Chicago, Lobbyists, Derivatives, Financial Reform, Federal Reserve, Afl-Cio, Goldman Sachs, Labor, Unemployment, Wall Street, Hedge Funds, Ceos, Consumer Financial Protection Agency, Union Blogs, Bonuses, Unions, Inequality, Bankers, Joblessness, Recession, Labor Unions, Economic Recovery, Business News
Richard Trumka

We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.

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Clear and Present Conflict of Interest. How Bad Does it Have to Be?

David Donnelly | Posted 10.21.2009 | Politics

Read More: John Campbell, Center for Respnosive Politics, Consumer Financial Protection Agency, House Financial Services Committee, Politics News
David Donnelly

Rep. John Campbell (R-Calif.) has taken $170,550 in campaign contributions from auto dealers. Who do you think he wants to exempt from the provisions of the Consumer Financial Protection Agency bill?

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Lobbyists Eye Exemptions On The CFPA

The Huffington Post | Jenna Staul | Posted 10.21.2009 | Business

Read More: Lobbyblog, Lobbying, Consumer Financial Protection Agency, Business News

While high-powered Wall Street lobbyists catch most of the flack for trying to skirt newly-proposed House Financial Service Committee regulations, Pol...

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House Panel Says States Can Protect Consumers

AP | ANNE FLAHERTY | Posted 10.22.2009 | Politics

Read More: House of Representatives, Melvin Watt, Consumer Financial Protection Agency, Financial Services Committee, Barney Frank, Banking Crisis, Dennis-Moore, Melissa Bean, Banking Industry, Financial Regulation, House Financial Services Committee, Politics News

WASHINGTON — The House Financial Services Committee agreed Wednesday to ensure states can impose their own tough consumer protection laws agains...

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Jason Linkins

GOP Rep. Tells House Finance Committee That Banks Should "Trump" Consumers

HuffingtonPost.com | Jason Linkins | Posted 10.21.2009 | Business

Read More: Bank Regulation, CFPA Legislation, Jeb Hansarling, Video, Consumer Financial Protection Agency, Derivatives Reform, Financial Crisis, Consumer Protection, Financial Regulation, Business News

Over at the Wonk Room, Pat Garofalo pulls video of Representative Jeb Hansarling (R-Tex.) sitting on the House Financial Services Committee as they ma...

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Are States' Rights Right?

Harry Moroz | Posted 10.21.2009 | Politics

Read More: Preemption, Marijuana, Financial Services, Education, Consumer Financial Protection Agency, Progressives, Urban Policy, Health Care, States' Rights, Politics News
Harry Moroz

Democrats have been increasingly willing to embrace state -- and local -- governments as partners rather than adversaries in both oversight and in substantive policymaking.

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Ryan Grim

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

HuffingtonPost.com | Ryan Grim | Posted 10.19.2009 | Politics

Read More: Consumer Financial Protection Agency, Cfpa, Financial Reform, Financial Crisis, Melissa Bean, Federal Preemption, Brad Miller, Financial Regulation, Politics News

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...

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Summers: Banks Must Agree To New Regulation

AP | TALI ARBEL | Posted 10.16.2009 | Business

Read More: Bailout, Consumer Financial Protection Agency, Obama Administration, Regulation, Larry Summers, Financial Regulation, House Financial Services Committee, Business News

NEW YORK — A top White House official called on financial institutions to accept new rules in order to help the economic system avoid future "de...

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Invite Regular Folks to the White House

Trey Ellis | Posted 10.15.2009 | Politics

Read More: Gop, Consumer Protection, Barack Obama, Cfpa, Obama CFPA, Consumer Financial Protection Agency, Politics News
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.

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The Chamber of Commerce's Jobs Deception Campaign

Richard Trumka | Posted 10.15.2009 | Business

Read More: Mortgages, Labor, Wall Street, Lending, Consumer Financial Protection Agency, Afl-Cio, Chamber of Commerce, Capitalism, Taxpayers, Unions, Free Enterprise, Richard Trumka, Business News
Richard Trumka

Unions are popularly known as "the folks who brought you the weekend." In contrast, the U.S. Chamber of Commerce has the distinction of trying to take away a long and ugly list of benefits.

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Lobbyists Target House Financial Services Committee Today

The Huffington Post | Jenna Staul | Posted 10.14.2009 | Business

Read More: Financial Service Committee, CFPA Lobbyists, Lobbying CFPA, Consumer Financial Protection Agency, Cfpa, Lobbyblog, Banking Industry, Financial Regulation, House Financial Services Committee, Business News

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

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Will We Curb Wall Street's Casino?

Robert L. Borosage | Posted 10.14.2009 | Business

Read More: Money in Politics, Consumer Financial Protection Agency, Financial Reform, Wall Street Reform, Wall Street Casino, Wall Street, House Financial Services Committee, Business News
Robert L. Borosage

Today, the House will begin marking up the first legislation to try to reform Wall Street. If you think the health insurance companies are packing heat, wait till you see the firepower the banks will unleash to frustrate reform.

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

Dave Johnson | Posted 10.13.2009 | Business

Read More: Elizabeth Warren, Consumer Financial Protection Agency, Cfpa, Financial Reform, Business News
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 ...

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Turning Up the Pressure on the U.S Chamber of Commerce

Josh Nelson | Posted 10.13.2009 | Green

Read More: Nrdc, General Electric, Ed Markey, South Carolina Small Business Chamber of Commerce, President Obama, Employee Free Choice Act, PNM Resources, Accce, San Jose Chamber of Commerce, Alcoa, Climate Change, Americans With Disabilities Act, New Yorker, Apple, Nike, Kevin Grandia, Adam Green, Consumer Financial Protection Agency, PG&E, Blue America, American Coalition for Clean Coal Electricity, Microsoft, Johnson & Johnson, Politics, Service Employees International Union, Exelon, CREDO Mobile, Global Warming, Family and Medical Leave Act, Political News, Steven Chu, Efca, Natural Resources Defense Council, Duke Energy, Health Care, Chamber of Commerce, Senator Graham, Frank Knapp, Levi Strauss, Move On, Seiu, Entergy, Psef, Green News
Josh Nelson

Companies should only be members of the Chamber of Commerce if they support hyper-conservative anti-regulatory policies across the board, and aren't afraid to show it.

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