Consumer Financial Protection Agency

4 Steps to Make Prepaid Cards Better

Credit.com | Posted 06.01.2012

Credit.com

Prepaid cards are everywhere. Here's what I suggest to steady the ship without making things worse for the consumers who really have no other option:

Ben Hallman

Early CFPB Reforms Disappoint Activists

HuffingtonPost.com | Ben Hallman | Posted 05.15.2012

When the framers of the national mortgage settlement agreed to let the deal expire in three-and-a-half years, it was with the assumption that the Cons...

Poll: Scott Brown's Desperate Attacks Aren't Working

Roger Wolfson | Posted 05.09.2012

Roger Wolfson

In the latest Rasmussen poll, Scott Brown is tied 45-45 with Elizabeth Warren. The voters don't seem to be buying Brown's brutal attacks on Warren, nor do they seem to be buying Brown himself.

Ben Hallman

How Do I Get Rid Of My Crap Mortgage?

HuffingtonPost.com | Ben Hallman | Posted 03.29.2012

How many hoops do homeowners have to jump through to shake off a bad mortgage? This question is at the heart of a growing area of law as judges acr...

Got Finance Questions? Gov't Site Offers Help

Posted 03.22.2012

It's not quite Siri, but a new online question and answer tool created by the Consumer Financial Protection Bureau is gunning to be the most comprehen...

Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

Mortgages, Greece & Obama's Budget: The Global Financial Literacy Crisis

Adam Levin | Posted 04.17.2012

Adam Levin

Once upon a time in America, Greek was routinely included in the curriculum of a liberal arts education. Today, we don't necessarily need to speak the language, but we do need to better understand what's happening.

WATCH: Jon Stewart Slams Republicans Over Recess Appointment 'Outrage'

Posted 01.06.2012

President Obama flexed his muscles ever-so-slightly this week when he made a recess appointment of Richard Cordray as head of the Consumer Financial P...

President Obama Appoints Cordray to Head CFPB Over Republican Obstruction

David Arkush | Posted 03.05.2012

David Arkush

This morning President Obama appointed former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau. It's was the right move, and it's about time.

President Obama's Next Moves on Leadership for the Consumer Financial Protection Bureau

David Arkush | Posted 02.13.2012

David Arkush

As expected, last week Senate Republicans blocked President Obama's nomination of Rich Cordray to lead the new CFPB. They continue to hold the agency hostage, taking the unprecedented step of blocking its leadership unless the agency is first weakened.

Elizabeth Warren: Voice of the 99 Percent

Bob Burnett | Posted 02.08.2012

Bob Burnett

In the run up to the 2012 elections, Barack Obama will define himself as the champion of the middle class -- as compared to the Republican candidate. But the real populist, the one who gives voice to the 99 percent, will be Elizabeth Warren.

CFPB Ratchets Up Consumer Complaint Surveillance

Kevin L. Petrasic | Posted 02.07.2012

Kevin L. Petrasic

As the CFPB continues the process of ramping up its supervisory operations and consumer protection programs, a unique brand of consumer complaint supervision is emerging.

GOP senators' position on consumer finance bureau matches industry lobby

The Center for Public Integrity | Posted 02.07.2012

The Center for Public Integrity

By Ben Hallman and John Dunbar, iWatch NewsFive months after its formation, the new federal agency tasked with safeguarding the financial interests ...

Don't Filibuster Cordray

Sen. Kay R. Hagan | Posted 02.07.2012

Sen. Kay R. Hagan

The Consumer Financial Protection Bureau was created to protect consumers. But Republicans are planning to filibuster the confirmation of Richard Cordray as the director of the CFPB, effectively neutralizing the bureau's power to protect consumers.

White House, Senate Democrats Turn Up the Heat on Cordray Nomination to Head New Consumer Agency

David Arkush | Posted 02.05.2012

David Arkush

The American people have gone too long without someone in the federal government looking out for them instead of the big banks. And House Republicans do not actually have the power to block a recess appointment indefinitely.

Catherine New

How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

Mike Sacks

Democrats Try To Overturn Supreme Court's Anti-Consumer Rulings

HuffingtonPost.com | Mike Sacks | Posted 12.20.2011

WASHINGTON -- It's not abortion or affirmative action -- or, for that matter, campaign finance -- but a series of recent cases on arbitration has shar...

Fact Check: The Real Reasons Republicans in Congress Are Blocking Richard Cordray at CFPB

Stephanie Cutter | Posted 12.06.2011

Stephanie Cutter

Republicans in Congress have looked for any excuse to avoid admitting that they are seeking to weaken new consumer protections -- here are the facts behind their attacks on this important new watchdog for consumers.

Update: My Apology to Willie Geist

Joanne Bamberger | Posted 11.22.2011

Joanne Bamberger

Some Massachusetts observers are worried that voters won't be interested in Warren because she's not a "real" politician. But that's exactly why they will want her as their next senator.

Consumers Be Damned: Senator Shelby, Captain Queeg and the Politics of No

Adam Levin | Posted 11.15.2011

Adam Levin

Last week's hearing on the nomination of Richard Cordray to lead the Consumer Financial Protection Bureau featured prepared speeches that were utterly without sound and fury but still managed to do a huge disservice to American consumers.

On Lehman Day, Elizabeth Warren Runs Against "Wall Street's Favorite"

Mary Bottari | Posted 11.15.2011

Mary Bottari

Elizabeth Warren announced that she was running against Scott Brown for a U.S. Senate seat on the eve of the anniversary of the Lehman Brothers collapse. For many, Lehman's bankruptcy marks the day the wheels came off the bus and the U.S. economy went over a cliff.

Middle Class Families vs. Big Banks

Elizabeth Warren | Posted 11.08.2011

Elizabeth Warren

It's time for Republicans in the Senate to put the interests of hard working middle class families over the special interests of large financial institutions. We've got to speak out and make sure our fellow Americans know the truth.

Borrower Nightmares: Navy pension signed over as collateral for costly quick cash

The Center for Public Integrity | Posted 10.19.2011

The Center for Public Integrity

By Jason McLure, iWatch News 6:00 am, August 19, 2011It was a run of bad luck that put Dr. Louis Kroot and his wife, Kathie, in debt in late 20...

No Need for Consumer Financial Protection Bureau

Harry L. Langer | Posted 10.03.2011

Harry L. Langer

There is no need for a Consumer Financial Protection Bureau. It is another unnecessary, costly, and cumbersome government bureaucracy that cannot be justified on a cost/benefit basis.

Shahien Nasiripour

Elizabeth Warren's Farewell Note: 'I Leave This Agency, But Not This Fight'

HuffingtonPost.com | Shahien Nasiripour | Posted 09.28.2011

WASHINGTON -- Elizabeth Warren, rebuffed by the White House, today leaves the consumer agency she conceived of and created to return to academic life ...