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Consumer Financial Protection Bureau

As Republicans Declare War on Bank Customers, A Call to Support Warren

Richard (RJ) Eskow | Posted 07.20.2011 | Politics
Richard (RJ) Eskow

Pressure is growing for the president to make a "recess appointment" of Elizabeth Warren to head the Consumer Financial Protection Bureau. This would make sense politically, but what matters a lot more is that it would also be an excellent move for the country.

WATCH: Shahien Nasiripour Says, 'The Government's Here To Play Ball'

Huff TV | Posted 07.18.2011 | Business
Huff TV

Shahien Nasiripour, Senior Business Reporter for The Huffington Post, appeared on "Democracy Now!" to discuss his recent report, "Confidential Federal...

Shahien Nasiripour

Confidential Federal Audits Accuse Five Biggest Mortgage Firms Of Defrauding Taxpayers | Shahien Nasiripour | Posted 07.16.2011 | Business

WASHINGTON -- A set of confidential federal audits accuse the nation’s five largest mortgage companies of defrauding taxpayers in their handling of ...

Dear GOP: We Don't Negotiate With Hostage Takers

Rep. Carolyn Maloney | Posted 05.25.2011 | Politics
Rep. Carolyn Maloney

The attempt by the GOP to derail the Consumer Financial Protection Bureau weeks before it opens its doors is quite remarkable. If the GOP proposals are translated into plain English, you can get the real picture of what they want.

Senate Republicans Give up on Opposing Elizabeth Warren for CFPB, With a Twist

David Arkush | Posted 07.06.2011 | Politics
David Arkush

The president should not miss the opportunity to introduce more Americans to Professor Warren, and to have the debate that Wall Street and its congressional allies fear.

Warren Could Be Blocked By Senate GOP Unless Consumer Agency Is Weakened

Posted 07.06.2011 | Business

WASHINGTON, May 5 (By Kevin Drawbaugh) - Forty-four U.S. Republican senators vowed on Thursday to vote against any White House nominee to head a n...

Shahien Nasiripour

Banks Illegally Foreclosed On Dozens Of Military Borrowers | Shahien Nasiripour | Posted 07.05.2011 | Business

WASHINGTON -- Two of the nation's largest mortgage firms illegally foreclosed on the homes of "almost 50" active-duty military service members, accord...

Michael McAuliff

GOP Blocks Bid To Make Elizabeth Warren Head Of Consumer Bureau | Michael McAuliff | Posted 07.04.2011 | Politics

WASHINGTON -- Republicans don’t even want public advocate Elizabeth Warren to head a watered-down Consumer Financial Protection Bureau. At least ...

Elizabeth Warren Remains On Short List To Head Consumer Protection Bureau

The Huffington Post | Maxwell Strachan | Posted 07.04.2011 | Business

Elizabeth Warren might become head of the soon-to-open Consumer Financial Protection Bureau after all. President Barack Obama has yet to nominate ...

Nominate Elizabeth Warren -- Provide the Pecora Hearings We Need

Simon Johnson | Posted 07.04.2011 | Business
Simon Johnson

A proper Senate confirmation hearing for Elizabeth Warren would allow her to explain in clear terms how "too big to fail" banks are are now involved in a hugely dangerous government subsidy scheme that presents a serious, nontransparent threat to consumers.

Fed Proposal Would Tighten Mortgage Lending Standards

Posted 06.19.2011 | Business

WASHINGTON (Dave Clarke) - Lenders would be required to make sure prospective borrowers have the ability to repay their mortgages before giving th...

Attacks on the Consumer Financial Protection Bureau are Attacks on the Middle Class

Bryce Covert | Posted 06.14.2011 | Business
Bryce Covert

The GOP won lots of concessions in the deal to avert a shutdown late Friday night, but one of them might at first seem surprising.

Elizabeth Warren May Head Consumer Agency After All | DEBORAH SOLOMON | Posted 06.13.2011 | Business

White House officials seeking someone to run the Consumer Financial Protection Bureau have so far failed to find a nominee, with several candidates re...

Predatory Tactics Still Plague Auto Loans

iWatch News | David Heath | Posted 06.12.2011 | Business

After the financial crisis exposed the devastation caused by predatory lending, state and federal authorities vowed to protect consumers from practice...

Shackling the Cop on the Beat

Preeti Vissa | Posted 06.09.2011 | Business
Preeti Vissa

The one result that running a regulatory agency by committee can guarantee is that it will be slower and less efficient. CFPB is supposed to be a cop on the beat, and there's a reason beat cops don't work by committee.

Two Top Contenders Emerge To Head Consumer Protection Agency

Reuters | Posted 06.05.2011 | Business

April 6, 2011 1:39:49 AM WASHINGTON (Reuters) - The White House is considering Federal Reserve Governor Sarah Raskin and former Michigan Gov. J...

In The Public Interest: Congress Still Demonizing Elizabeth Warren, Meanwhile, Chase Rolls Out the $5 ATM Fee

Ed Mierzwinski | Posted 06.05.2011 | Politics
Ed Mierzwinski

Washington should be implementing Wall Street reform, not tearing it down.

GOP Congressman vs. Elizabeth Warren

The Baseline Scenario | Simon Johnson | Posted 05.30.2011 | Politics

By Simon Johnson The Baseline Scenario Representative Spencer Bachus, Republican chair of the House Financial Services Committee, famously remarke...

What Passes for Scandal Among Republicans

Mike Lux | Posted 05.30.2011 | Politics
Mike Lux

You would think that the Republicans in the House would have better things to do than erupt in outrage over whether something is "advice" or a "recommendation." You would be wrong.

Shahien Nasiripour

Big Banks Save Billions As Homeowners Suffer, Internal Federal Report Finds | Shahien Nasiripour | Posted 05.28.2011 | Business

NEW YORK -- The nation's five largest mortgage firms have saved more than $20 billion since the housing crisis began in 2007 by taking shortcuts in pr...

In The Public Interest: Checking the "Fact Check" From CFPB Opponents

Ed Mierzwinski | Posted 05.25.2011 | Politics
Ed Mierzwinski

What opponents of the CFPB really fear is that we now have a regulator that will put consumer interests first and hold Wall Street accountable.

Krugman: The GOP War On Elizabeth Warren | PAUL KRUGMAN | Posted 05.25.2011 | Business

Last week, at a House hearing on financial institutions and consumer credit, Republicans lined up to grill and attack Elizabeth Warren, the law profes...

Zach Carter

Goldman Banker Behind 'Smear Campaign' Against Elizabeth Warren | Zach Carter | Posted 05.25.2011 | Business

WASHINGTON -- A Wall Street Journal editorial writer who has been closely involved with the paper's recent attacks on Elizabeth Warren is a former Gol...

Zach Carter

House Republicans Amplify Attacks On Elizabeth Warren, Consumer Protection | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- In a hearing marked by openly hostile questioning from House Republicans, consumer advocate Elizabeth Warren made her highly anticipated...

Zach Carter

Senators Back Delay In Crackdown On Fees That Yield Billions For Banks | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- On Tuesday, a group of nine senators led by Montana Democrat Jon Tester put their names behind legislation to delay the Federal Reserve'...