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Consumer Financial Protection Bureau

Will the President Pass the Warren Test?

Robert L. Borosage | Posted 08.09.2011 | Politics
Robert L. Borosage

Will the president name the indisputably best leader -- Elizabeth Warren -- to head the Consumer Financial Protection Bureau, the agency that she conceived, championed and constructed? This is not a high bar. In fact, the choice couldn't be easier.

The Roadblocks To Wall Street Reform

ProPublica | Jesse Eisinger and Jake Bernstein | Posted 08.03.2011 | Business

Early last year, as they weighed whether to bar banks from speculative trading with their own money, congressional staffers turned to a key regulator ...

The GOP Ramps Up Assault On Elizabeth Warren

The Nation | Posted 08.02.2011 | Politics

The three chief sponsors of the CFPB bills -- Duffy, Bachus and Shelley Moore Capito -- received a total of $1.4 million from the finance, real estate...

Issa To Warren: We Have More Questions

Posted 08.01.2011 | Politics

WASHINGTON -- Republicans in the House of Representatives want another crack at Elizabeth Warren in the witness chair following a tense hearing la...

An Open Letter to Chairman Patrick McHenry Regarding Accusations Against Professor Elizabeth Warren

David Arkush | Posted 07.31.2011 | Politics
David Arkush

Chairman Patrick McHenry Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs Committee on Oversight and Government...

Michael McAuliff

Progressives Demand Backdoor Appointment For Elizabeth Warren | Michael McAuliff | Posted 07.26.2011 | Politics

WASHINGTON -- Forget the buzz about Elizabeth Warren running for Senate. Progressives still want her to run the Consumer Financial Protection Bureau s...

Amanda Terkel

Al Franken To Obama: Give Elizabeth Warren A Recess Appointment | Amanda Terkel | Posted 07.25.2011 | Politics

WASHINGTON -- Sen. Al Franken (D-Minn.) urged President Obama Wednesday to grant Elizabeth Warren a recess appointment to head the Consumer Financial ...

GOP Congressman: Consumer Protection Bureau Has 'Virtually Unchecked' Power

The Huffington Post | William Alden | Posted 07.24.2011 | Business

The Republican attack on Elizabeth Warren and the Consumer Financial Protection Bureau shows little sign of soon fading. Continuing the months-long...

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.