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Consumer Protection

Move Your Money and Save

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Big banks impose much higher costs on their customers than small banks and credit unions do. Moving our money could save us billions of dollars a year.

Corporations Using Ballot Inititives To Gut Regulations, Consumer Protections

Los Angeles Times | Michael Hiltzik | Posted 05.25.2011 | Los Angeles

The phenomenon of corporations buying their way onto the California election ballot is fast reaching epidemic proportions. If the multimillion-dollar ...

Valentine's Day and Leaving a Tip for the "Little People"

Don McNay | Posted 05.25.2011 | Business
Don McNay

Take a good look around and if you're looking down Put a little love in your heart -Jackie DeShannon In the early 1990's, I was one of the nation...

Credit, the CFPA, and Recovery

Tom Donohue | Posted 05.25.2011 | Business
Tom Donohue

It's time for Congress and the Administration to work together to enact meaningful, bipartisan solutions to modernize financial regulation.

Elizabeth Warren Calls Out Wall Street

James Kwak | Posted 05.25.2011 | Business
James Kwak

The big banks face a choice. They can agree to sensible reforms that protect consumers and rein in the excesses of the past decades. Or they can simply decide to screw customers, but do it openly this time.

The Top 10 Financial Products and Services that Must Be Regulated in 2010

Jonathan B. Mintz | Posted 05.25.2011 | Business
Jonathan B. Mintz

It's time to reset the debate and get specific about what the CFPA might actually do. Here is my "Top 10 Must-Regulate" list -- the top products and services the CFPA should take on to protect consumers.

How To 'Stop Getting Ripped Off'

Bob Sullivan | Posted 05.25.2011 | Books
Bob Sullivan

Hidden fees may be a daily annoyance for you; but for America, they are an economic calamity.

If My Car Is Being "Recalled," Why Aren't You Taking it Back?

Evan Handler | Posted 05.25.2011 | Business
Evan Handler

In spite of announcing a "recall," all Toyota has done is to issue some warnings, to state that they're "working on" a solution, and to instruct me to be alert to the problem. In this "recall," I'm being told to keep driving my car.

Friday Talking Points [108] -- Obama's Pivotal Week

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Since Democrats are taking some time to figure out what to do next, we shall do the same here, and skip over the entire health care reform subject, after highlighting two hilarious commentaries on the situation.

Shahien Nasiripour

Will The Banks Win Again? Bailout Watchdog Rallies Support For Consumer Protection Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The battle in the Senate over a proposed consumer financial protection agency is the final show-down between banks and American families, bailout watc...

Obama Slaps Congress, Lobbyists In Push For Consumer Protection Agency (VIDEO, REMARKS)

Posted 05.25.2011 | Business

The White House on Friday renewed its push for a consumer financial protection agency with President Obama and a senior economic official warning Cong...

Wall Street Reform and Consumer Protection Act of 2009: Bad for California

Pedro Nava | Posted 05.25.2011 | Los Angeles
Pedro Nava

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.

Keeping Our Children Safe this Holiday Season

Inez Moore Tenenbaum | Posted 05.25.2011 | Business
Inez Moore Tenenbaum

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.

Jason Linkins

Bank Lobby Bloodied But Unbowed In Fight Against Consumer Protection

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

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 ...

Jason Linkins

GOP Rep. Tells House Finance Committee That Banks Should "Trump" Consumers

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

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...

What Consumers Can Do About Overdraft Fees

Christine Escobar | Posted 05.25.2011 | Business
Christine Escobar

Even if you're embarrassed to admit it, you're very likely among the estimated 50 million Americans who have been overdrawn on their checking account in the course of any given year.

Obama's Choice for 2010

Lincoln Mitchell | Posted 05.25.2011 | Politics
Lincoln Mitchell

After 2010, the Obama presidency, if history is any guide, will change substantially. It will become reactive, initiate few, if any, major pieces of legislation, and focus more on foreign policy.

Shahien Nasiripour

House Democrat Ed Perlmutter Has Lots Of Reasons To Support Big Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Rep. Ed Perlmutter pushed and pushed and pushed for an amendment to exempt some of the country's biggest banks from supervision by a new consumer-prot...

Shahien Nasiripour

JPMorgan Chase Says New Credit Card Law To Cost Firm At Least Half A Billion Dollars A Year

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The nation's second-largest bank said a new law that limits unfair rate hikes and hidden fees will cost it as much as $750 million a year. JPMorgan...

AP: Obama's Consumer Agency May Still "Die Along The Way"

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — Take a hard look now. A new agency that consumers were promised would make bankers, credit card companies and mortgage lenders trea...

Bye-Bye Baubles

Lita Smith-Mines | Posted 11.17.2011 | Healthy Living
Lita Smith-Mines

I was encouraged to "bring my useless or broken gold" to an acquaintance's home, where I could "sell it all and take home cash." This was a new one for me, I've never left a social gathering richer than when I came in.

Thanks, Mr. Banker, for My Overdraft Protection!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I wonder what new things the bankers will think of next to help and protect us. One thing's for sure. I know they're thinking of something.

The Consumer Financial Protection Agency: It Can Be Done, But Let's Do It Right

Jonathan B. Mintz | Posted 05.25.2011 | New York
Jonathan B. Mintz

Few realize that America is at a critical moment in the history of consumer protection. Last week Barney Frank led the House to pass landmark legislation that focused on protecting consumers.

Federal Reserve: Customer Consent Needed For Overdraft Fees

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON — Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according t...

Sarbanes-Oxley Act: Amendement To Exempt Smaller Business Passes House Financial Services Committee

Rolfe Winkler | Posted 05.25.2011 | Business

An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress t...