An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress t...
Bowing to political pressure from community bankers, the House Financial Services Committee approved an exemption on Thursday for more than 98 percen...
Consumer advocate and former presidential candidate Ralph Nader appeared on Yahoo Tech Ticker today to discuss President Obama's plan for a consumer f...
The Fed needs to go on the offensive and force banks to reduce loans to reflect their real property values -- not the values based on a Wall Street Ponzi scheme that drove up housing costs.
Every other Democratic president since President Kennedy has hired a Special Assistant for Consumer Affairs. This is a gift Obama should give American consumers for the holidays.
Families and small businesses are hurting during these tough times, and I find it unconscionable for credit card companies to game the system and jack up already high interest rates even higher.
Even as consumers suffer the housing crisis and an abysmal job market, they face the prospect of hundreds or even thousands more dollars of credit card debt because of Congress.
American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.
Senate Republicans are determined to prevent the creation of an independent Consumer Financial Protection Agency because they consider it as threateni...
The Federal Trade Commission is not amused. It has long believed that the company that owns freecreditreport.com is deliberately diverting people from...
To re-energize the angry many that elected him, Obama needs to publicly bar representatives of the powerful few from the White House until they agree, concretely, to better serve the angry many.
The White House on Friday renewed its push for a consumer financial protection agency with President Obama and a senior economic official warning Cong...
On Thursday December 10, 2009, in the dark of night in Washington D.C., the U.S. House of Representatives was overcome with amnesia. They acted as though the financial crisis never happened.
Fortunately, this year, you can holiday shop for your child or grandchild with more confidence than ever before. That's because there are new rules on your side and the side of America's children.
Bloomberg's Yalman Onaran takes a glance at the state of play on the consumer protection front, and sizes up the influence that the banking lobby has ...
Over at the Wonk Room, Pat Garofalo pulls video of Representative Jeb Hansarling (R-Tex.) sitting on the House Financial Services Committee as they ma...
Congress has a responsibility to plug the holes in a broken financial system that allowed millions of families to watch their savings and wealth evaporate and their debt skyrocket
Our current system of consumer protection fails to protect Americans from basic exploitation and abuses that can cost individuals and families hundreds of thousands of dollars, and even their homes.
We're seeing "pinkwashing," when corporations try to boost sales by turning their products pink in the fight against breast cancer. But will your pretty pink purchase really have an impact?
Larry Summers, the top White House economic adviser, on Friday accused financial lobby groups of using "death panel" type scare tactics to try to bloc...
When marketers knowingly play in the darker parts of the gray to drive sales, they're doing a disservice to the consumer and the industry. A good deal not a good deal when it misinforms consumers.
The Federal Reserve is considering requiring banks to get permission from consumers before enrolling them in overdraft programs, so that consumers lik...
Creating the Consumer Financial Protection Agency to deal with consumer finance issues makes about as much sense as dictating the sizes, flavors, and temperature of coffee because a few consumers spilled their beverages and were burned.