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Consumer Financial Protection Bureau

Shahien Nasiripour

The Next Derivatives Regulator?

HuffingtonPost.com | Shahien Nasiripour | Posted 09.18.2013 | Politics

The White House is considering Elizabeth Ritter, a longtime lawyer at the Commodity Futures Trading Commission, to replace Gary Gensler as the chief U...

Zach Carter

Consumer Watchdog Finds Mortgage Abuses Still Rampant

HuffingtonPost.com | Zach Carter | Posted 08.22.2013 | Politics

The Consumer Financial Protection Bureau on Wednesday issued a report detailing a host of failures in basic mortgage payment processing at U.S. financ...

Watchdog Investigating Sketchy Bank Practice

Reuters | Emily Stephenson | Posted 08.21.2013 | Business

WASHINGTON (Reuters) - The U.S. consumer watchdog said on Wednesday it has found problems with mortgage servicing at banks and other financial firms, ...

Six Federal Agencies Are Investigating Online Payday Lenders

The Center for Public Integrity | Posted 10.08.2013 | Business
The Center for Public Integrity

The Justice Department and the Consumer Financial Protection Bureau have sent civil subpoenas to dozens of financial companies, including the online lenders, many of which are located on Indian reservations to avoid complying with consumer protection laws.

Larry Summers Helped Torpedo Elizabeth Warren CFPB Nomination

The Huffington Post | Zach Carter | Posted 08.08.2013 | Politics

Former Obama administration economic adviser Larry Summers helped torpedo a bid from current Sen. Elizabeth Warren (D-Mass.) to head the Consumer Fina...

Shahien Nasiripour

U.S. Probes Whether Student Loan Companies Cheat Soldiers

HuffingtonPost.com | Shahien Nasiripour | Posted 08.01.2013 | Politics

The U.S. Department of Justice is investigating whether student loan companies are cheating active-duty soldiers as the historically lightly regulated...

One More Way Banks Screw Regular People (And Why We Need to Bring Back Postal Banking)

Ian Reifowitz | Posted 10.01.2013 | Politics
Ian Reifowitz

Other countries have more extensive postal banking systems that still exist. Israel's postal bank offers checking and saving accounts as well as bill-paying services for utility bills. Why can't we do the same in this country?

All About the Consumer Financial Protection Bureau

Dedrick Muhammad | Posted 09.28.2013 | Black Voices
Dedrick Muhammad

The federal watchdog agency protects consumers by enforcing fairness and transparency around financial products and services, providing information around numerous topics such as financial scams, predatory lending, mortgages and college loans.

Paul Blumenthal

'Fundraising Bonanza' For These House Republicans

HuffingtonPost.com | Paul Blumenthal | Posted 07.25.2013 | Politics

WASHINGTON -- In the first six months of their tenure, new House committee chairmen have seen their campaign contributions increase by 59 percent from...

Protect Yourself From Credit Discrimination

Jason Alderman | Posted 09.23.2013 | Business
Jason Alderman

Have you ever been turned down for a credit card and wondered why? Or gotten approved for a car loan or mortgage but suddenly the interest rate and fees are much higher than in the initial quote?

Stepping up the Pressure on Payday Lending

Karen Hinton | Posted 09.21.2013 | Business
Karen Hinton

We should applaud the new resolve of the CFPB, other federal agencies and state legislatures to thwart these abusive practices. But we cannot become complacent.

Obama Commends Cordray Confirmation, Work Of CFPB

AP | DARLENE SUPERVILLE | Posted 09.19.2013 | Politics

WASHINGTON — President Barack Obama is commending the work of a consumer protection agency created after the economic crisis. The Consumer Fina...

Friday Talking Points -- Harry Reid Has a Good Week, Mitch McConnell Does Not

Chris Weigant | Posted 09.18.2013 | Politics
Chris Weigant

As America's children grow up and enter into the health insurance marketplace on their own, they will be the first generation who simply will not understand what the terms 'pre-existing condition' and 'lifetime cap' mean.

GOP Senator: 'We Were Wrong'

The Huffington Post | Ashley Alman | Posted 07.18.2013 | Politics

Sen. Lindsey Graham (R-S.C.) admitted that he and his party were "wrong" to block a vote on Richard Cordray's confirmation to lead the Consumer Financ...

Bravo, Elizabeth Warren -- American Hero

Miles Mogulescu | Posted 09.16.2013 | Politics
Miles Mogulescu

Elizabeth Warren -- the mother of the Consumer Financial Protection Bureau -- deserves a big round of applause from the American people.

Obama Praises Long-Stalled Nominee

AP | JIM KUHNHENN | Posted 09.16.2013 | Politics

WASHINGTON — After a three-year political battle, Republicans have agreed to a remarkable concession over the powers of a new federal agency des...

Amanda Terkel

WATCH: Elizabeth Warren's Big Smile After Senate Confirms Richard Cordray To Her Consumer Board

HuffingtonPost.com | Amanda Terkel | Posted 07.17.2013 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) could hardly hide her excitement on Tuesday, when the Senate finally voted to confirm Richard Cordray as...

Richard Cordray Confirmed As Consumer Financial Protection Bureau Director

AP/The Huffington Post | Posted 07.17.2013 | Politics

The Senate has voted 66-34 to confirm Richard Cordray as director of the Consumer Financial Protection Bureau. Sen. Elizabeth Warren (D-Mass.), who...

Warren: Finally!

The Huffington Post | Paige Lavender | Posted 07.16.2013 | Politics

After two years of solid Republican opposition, the Senate voted Tuesday to end a GOP blockade preventing Richard Cordray from being confirmed as dire...

Senate Ends Blockade Against Obama Pick

AP | Posted 09.15.2013 | Politics

By THE ASSOCIATED PRESS WASHINGTON — The Senate has voted to end a two-year Republican blockade that was preventing Richard Cordray from winning ...

Warren Issues Bold Warning To Republicans

The Huffington Post | Paige Lavender | Posted 07.16.2013 | Politics

Sen. Elizabeth Warren (D-Mass.) issued a warning to Republicans about "bad government" on the Senate floor Monday. “I am new to the Senate, but I...

Inaction on NLRB Confirmations Is Simply Wrong

Richard Trumka | Posted 09.15.2013 | Politics
Richard Trumka

Anti-worker Republicans are using Richard Griffin and Sharon Block as pawns in their political games, and it's just wrong -- especially when it means a law enforcement agency that protects workers is shutting down.

Reid's Nuclear Disarmament Meeting

Chris Weigant | Posted 09.14.2013 | Politics
Chris Weigant

An extraordinary meeting is taking place today, which all 100 senators have been invited to attend. This should really not be an extraordinary thing -- you'd think that all senators meeting together would just be an actual floor session in the Senate -- but it is because it's actually a political meeting, with the doors closed.

Will Senator Kirk Stand With Illinois Consumers?

Dory Rand | Posted 09.14.2013 | Chicago
Dory Rand

Senator Kirk voted against allowing a floor vote on Cordray and signed a letter with 42 Republicans vowing to block any nominee, no matter how qualified, unless the CFPB is substantially weakened. That isn't right.

How the GOP Hopes to Take Away Americans' Right to Collective Bargaining

Robert Creamer | Posted 09.14.2013 | Politics
Robert Creamer

By standing up to Republican abuse of rules in the Senate, Democrats will be standing up to the economic abuse inflicted on most Americans by a tiny minority of unelected, wealthy speculators and CEOs who think they are entitled to be "masters of the universe."