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Consumer Financial Protection Bureau

Jennifer Bendery

Obama Skips Chance To Appoint Richard Cordray To Consumer Protection Agency

HuffingtonPost.com | Jennifer Bendery | Posted 01.03.2012 | Politics

WASHINGTON -- President Barack Obama chose not to use his authority to appoint Richard Cordray to the Consumer Financial Protection Bureau on Tuesday,...

Jennifer Bendery

Obama Has Tiny Window To Appoint Consumer Protection Chief

HuffingtonPost.com | Jennifer Bendery | Posted 12.29.2011 | Politics

WASHINGTON -- President Barack Obama has been pressing the Senate for months to confirm Richard Cordray as the director of the new Consumer Financial ...

Ombudsman Office I helped create at CFPB Will Field Consumer Financial Complaints

Rep. Carolyn Maloney | Posted 12.21.2011 | Politics
Rep. Carolyn Maloney

Despite not having a confirmed director, the Consumer Financial Protection Bureau has already demonstrated how effective it can be. Only in the most polarized political environment could its goals be considered controversial.

Killing America One Vote at a Time: Why the CFPB Matters

Adam Levin | Posted 02.14.2012 | Politics
Adam Levin

As we approach November 6, 2012, there are a few things you should ponder before reflexively casting a ballot for the guy whose name seems most familiar. Let's look at the numbers.

Chase Simplifies Checking Accounts, Explains Fees And Conditions

AP | CANDICE CHOI | Posted 02.14.2012 | Business

NEW YORK — Chase is making its checking account easier to understand. The bank said Thursday it will start providing a three-page disclosure th...

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

David Arkush | Posted 02.13.2012 | Politics
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.

Americans Are Greater Together

Leo W. Gerard | Posted 02.11.2012 | Politics
Leo W. Gerard

"We all do better when we all do better." Republicans don't ascribe to that. They want to set up a country where every person is responsible for every aspect of daily life, from ensuring drinking water is safe to reducing workplace hazards.

With Nominations, the Senate GOP Legislates by Gridlock

Marge Baker | Posted 02.08.2012 | Politics
Marge Baker

They are abusing their positions and throwing sand in the gears of the Senate to make it harder for ordinary Americans to get our day in court and to defend ourselves against the powerful. It's a deeply cynical strategy, and ultimately a deeply harmful one.

The Fed's Secrets and the Unfinished Work of Financial Reform

Preeti Vissa | Posted 02.07.2012 | Business
Preeti Vissa

The work of financial reform is far from done. Knowing now what they should have known a couple of years ago, Congress should revisit major structural reforms like restoring Glass-Steagall.

Brian Moynihan Should Cut Ties With Payday Lenders

George Goehl | Posted 02.07.2012 | Business
George Goehl

If any bank represents the need to have a regulator in place that protects people on consumer financial issues, it's Bank of America. America's bank has become a symbol for all that is wrong with the financial sector.

Don't Filibuster Cordray

Sen. Kay R. Hagan | Posted 02.07.2012 | Politics
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.

Jennifer Bendery

Senate GOP Blocks Obama Nominee

HuffingtonPost.com | Jennifer Bendery | Posted 02.07.2012 | Politics

WASHINGTON -- Senate Republicans on Thursday blocked an effort to put someone in charge at the Consumer Financial Protection Bureau, a move that preve...

Consumer Bureau Developing Simpler Credit Card Form

The Huffington Post | Jillian Berman | Posted 12.07.2011 | Business

Imagine a credit card agreement that's short, to the point and easy to understand. If one federal agency gets its way, what you're picturing could bec...

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

David Arkush | Posted 02.05.2012 | Politics
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.

After Post-Recession Slowdown, Credit Card Use Ticking Back Up

The Huffington Post | Jillian Berman | Posted 12.05.2011 | Business

Many Americans might be confused by the rules and terms of their credit cards, but they're more often opting to swipe anyway. Credit card purchases...

Jennifer Bendery

White House Targeting GOP Senators In Seven States For Their Support

HuffingtonPost.com | Jennifer Bendery | Posted 12.05.2011 | Politics

WASHINGTON -- The White House is launching an aggressive, eleventh-hour media blitz this week aimed at pressuring Senate Republicans to confirm a stal...

Three Alleged Mortgage Scammers Arrested In California

The Huffington Post | Alexander Eichler | Posted 12.02.2011 | Business

Just one day after government authorities announced they would be bringing the hammer down on loan-modification scammers, three people have been arres...

Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down

The Huffington Post | Alexander Eichler | Posted 12.01.2011 | Business

With the economy losing momentum and the housing market sagging, there has been no shortage of scammers looking to take advantage of struggling homeow...

Consumers Complain About Issues That Reform Supposed To Fix

The Huffington Post | Jillian Berman | Posted 12.01.2011 | Business

Even though last year's financial reform was supposed to make credit cards more transparent, consumers are still complaining about interest rates, bil...

On Leadership: Why Financial Dignity is the New Movement for Financial Literacy

John Hope Bryant | Posted 01.28.2012 | Impact
John Hope Bryant

The new civil rights movement is reaching, teaching and empowering every person with financial dignity, using the powerful tools of financial literacy first.

Zach Carter

Scott Brown Follows In Elizabeth Warren's Footsteps

HuffingtonPost.com | Zach Carter | Posted 11.15.2011 | Politics

WASHINGTON -- Sen. Scott Brown (R-Mass.) endorsed President Barack Obama's nominee to head the new Consumer Financial Protection Bureau on Monday, acc...

Sam Stein

Obama Official: Consumer Watchdog's Appointment 'Obviously Would Help' Occupy Wall Street

HuffingtonPost.com | Sam Stein | Posted 01.03.2012 | Politics

WASHINGTON -- The Obama administration has been careful in its handling of the Occupy Wall Street movement, expressing sympathy with the sentiment beh...

The Last Enclaves of Banking Freedom

Bruce Fein | Posted 12.31.2011 | Business
Bruce Fein

The sole enclaves of banking choice now are Native American tribes endowed with sovereign powers pursuant to treaties or otherwise.

Student Loans: Know Before You Owe

Raj Date | Posted 12.28.2011 | College
Raj Date

Higher education can be a critical part of the American dream. A more transparent student lending marketplace can help all Americans better pursue that dream.

Chris Dodd: Wall Street Launching 'False Attacks' Against Financial Reform

The Huffington Post | Bonnie Kavoussi | Posted 12.25.2011 | Business

A key author of financial regulatory reform is fighting back against a powerful chorus of critics. Former U.S. Senator Chris Dodd, the co-author of...