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Consumer Protection Agency

Why I Love My Bank Regulator

Keith Mestrich | Posted 09.23.2014 | Impact
Keith Mestrich

Many financial sector executives are not fans of bank regulators -- to put it mildly. But I have a different perspective: I love my bank regulator. Here's why -- and why you should, too.

Support Elizabeth Warren in her Biggest Battle for Consumers

Brent Budowsky | Posted 05.22.2013 | Politics
Brent Budowsky

Today in Washington a great battle is unfolding between Republicans preparing to filibuster the nomination of Richard Cordray to lead the new consumer protection agency and Senator Elizabeth Warren (D-Mass.), who is battling to save the agency from these Republican attacks.

Elizabeth Warren Accuses Senate GOP Of 'Keeping The Game Rigged'

The Huffington Post | Chelsea Kiene | Posted 03.14.2013 | Politics

Sen. Elizabeth Warren (D-Mass.) blasted Senate Republicans on Thursday for continuing to stall Richard Cordray’s nomination to lead the Consumer Fin...

CFPB Making Good on Promises as Latinos Clamor for Stronger Consumer Protections

Janis Bowdler | Posted 09.29.2012 | Latino Voices
Janis Bowdler

Without a doubt, more needs to be done to protect all borrowers from predatory lending and steering. Financial companies on Wall Street must be held accountable with tougher rules and enforcement to prevent the practices that caused the financial crisis.

George Soros: Banks Are 'Too Connected To Fail'

Yahoo! News | Jennifer Ablan and Megan Davies | Posted 05.25.2011 | Business

NEW YORK (Reuters) -- Billionaire investor George Soros said on Thursday that the U.S. financial regulation bill does not address the problem of a ban...

Elizabeth Warren: We Need More Women On Wall Street

iVillage | KELLY WALLACE | Posted 05.25.2011 | Business

Elizabeth Warren, the new consumer czar of the White House, has her work cut out for her: build a brand new federal agency charged with protecting Ame...

Mortgage Banker's Forecast: More Regulation Will Cost Consumers and Taxpayers

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Washington, D. C. is hot, but the rest of the nation is not when comparing our unemployment rates to the nation's capitol. "The largest over-the-month...

Why Not Elizabeth Warren For Consumer Bureau Chief?

Fortune | Katie Benner | Posted 05.25.2011 | Business

Someone like Warren is a shock to that system. She unabashedly sides with consumers. She hates fine print and contracts with "gotcha" clauses. She wan...

Left, Right & Center: Obama's Presser; the Economy; 9/11 and a Florida Pastor

HuffPost Radio | Posted 05.25.2011 | Politics
HuffPost Radio

Bob and Tony were both unimpressed with Obama's press conference, but for very different reasons, while Arianna found a ray of hope in the hint that Elizabeth Warren would soon be named head of the Consumer Protection Agency.

Stephen Colbert: Elizabeth Warren Could Have Oprah-Like Power (VIDEO)

Huffington Post | Sherry Shen | Posted 05.25.2011 | Business

On a recent episode of the Colbert Report, Stephen Colbert spoke to Barney Frank, Chairman of the House Financial Services Committee, about the possib...

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Business
Don McNay

If there was ever a shining example of why you should Move Your Money from Wall Street, legalized loan sharking is a good one.

Four Ways To A Better Financial Reform Bill: David Leonhardt

nytimes.com | DAVID LEONHARDT | Posted 05.25.2011 | Business

So the Obama administration and Congress were smart to avoid the magic bullet trap: the wishful idea that one sweeping solution, like breaking up the ...

Sam Stein

SEIU, Labor Directly Lobby Geithner On Elizabeth Warren's Behalf

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

The labor community is going to lend its considerable political clout to the effort to get Elizabeth Warren confirmed as the first head of the newly-c...

Highlights Of The Financial Overhaul Bill (PHOTOS)

HuffPost/AP | Posted 05.25.2011 | Business

Congress just passed a sweeping overhaul of America's financial regulatory system. The financial bill cleared the Senate by a vote of 60 to 39, and ...

Protecting Consumers from Unchecked Interest Rates

Sen. Sheldon Whitehouse | Posted 05.25.2011 | Politics
Sen. Sheldon Whitehouse

Americans used to enjoy protection from our states against outrageous interest rates -- until the big banks' lawyers found this loophole.

Consumer Protection: Preempting the Myths Perpetuated by Big Banks

Richard H. Neiman | Posted 05.25.2011 | Business
Richard H. Neiman

The myths that are being perpetuated against states' ability to protect consumers have reached a pinnacle. Three tired arguments are being recycled and must be exposed for what they are: negotiating tactics, not facts.

As Senate Spars Over Reform, Banker Man Busts Loose

Pamela Banks | Posted 05.25.2011 | Business
Pamela Banks

The U.S. Senate is debating a good reform bill now, and several senators are lined up to strengthen it even more. But banking lobbyists are working overtime to persuade senators to make the bill weaker.

Financial Reform Debate Turns To Bill's Details

AP | DAVID ESPO | Posted 05.25.2011 | Business

WASHINGTON — Days of high-decibel partisanship yielded to slightly more subdued accusations as the Senate lurched into action Thursday on legisl...

Ripped Off by Your Bank? Tell Us About It!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

Have you ever been scammed or ripped off by your bank? If so, please tell us about it. Leave a comment about the creative tricks your bank has resorted to to nickel and dime you.

Bank of America Wire Transfer: Lost in Space!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

It seems that I have unwillingly made a 10 day ZERO interest loan to Bank of America.

Goldman = WorldCom = 80+ Senate Votes

Mark Green | Posted 05.25.2011 | Politics
Mark Green

As Obama today returns to Cooper Union to reprise his arguments for financial regulatory reform, we know this: whatever the ultimate legal merits of the SEC's case against Goldman Sachs, the political impact now will be a game changer.

Fed Will Be New Home Of The Consumer Financial Protection Agency

bloomberg.com | Alison Vekshin | Posted 05.25.2011 | Business

U.S. Representative Barney Frank, the lead negotiator on the financial-overhaul legislation, has accepted the Senate's proposal to house a new consume...

AP: How The Financial Bill Will Improve Oversight

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — Three things we know about the financial crisis: Big banks made reckless bets. They hid their weaknesses. And their regulators fail...

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Books
Don McNay

Gary Rivlan notes in his book, Broke USA, "the working poor have become big business." You wouldn't think that poor people would be a growth market, but businesses make big money off people who live paycheck to paycheck.

Support troops and families with consumer protection agency

Craig Newmark | Posted 05.25.2011 | Home
Craig Newmark

Some of the people who need protection from financial predators are the families of troops serving overseas. The folks at Treasury are talking to tro...