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Consumer Protection

Obama's Economic Team Needs Checks & Balances: Choose Elizabeth Warren

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

Now that financial reform is enacted into law, the President must nominate a strong leader to run the new consumer protection bureau.

Standing Tall With 2,500 of Our Closest Friends

Janet Murguía | Posted 05.25.2011 | Politics
Janet Murguía

I just got back from the White House, where I watched President Obama sign the banking reform bill, and I reflected on what a significant victory it is for Hispanics and other minorities pursuing the American Dream.

10 Ways New Wall Street Reform Law Will Help You

Rep. John B. Larson | Posted 05.25.2011 | Politics
Rep. John B. Larson

For eight years, Wall Street played Russian roulette with America's future while Republicans in Congress looked the other way. The new financial reform law takes major steps towards fixing that.

An Interview With Rep. Barney Frank

Baruch Shemtov | Posted 05.25.2011 | Business
Baruch Shemtov

In this interview series, Baruch Shemtov sits down with leaders in business, fashion, politics, and media to discuss their paths to success. The conve...

Jason Linkins

Why Is The White House Afraid Of The Elizabeth Warren Fight? | Jason Linkins | Posted 05.25.2011 | Media

As things sit, the White House is hesitating, looking for all the world like it is going to veer away from tapping Warren for the sort of job she was born to do. In so doing, Obama is picking some weak allies over some great enemies.

Sam Stein

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

Shahien Nasiripour

Elizabeth Warren Could Head CFPB Without Senate Confirmation | Shahien Nasiripour | Posted 05.25.2011 | Business

This story was updated at 7:15 p.m. ET Tuesday to reflect the final version of Sanders's letter and new information on a letter circulating in the Hou...

Shahien Nasiripour

Financial Reform Coalition Endorses Elizabeth Warren To Head New Consumer Agency | Shahien Nasiripour | Posted 05.25.2011 | Business

On Monday, a coalition of groups fighting to reform the nation's financial system formally endorsed Harvard Law professor and bailout watchdog Elizabe...

Shahien Nasiripour

Tim Geithner Opposes Nominating Elizabeth Warren To Lead New Consumer Agency | Shahien Nasiripour | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner has expressed opposition to the possible nomination of Elizabeth Warren to head the Consumer Financial Protection ...

Safer Chemicals Policy Reform Needs to Advance Supply Chain Transparency

Patricia J. Beattie | Posted 05.25.2011 | Green
Patricia J. Beattie

Improving supply chain communication and chemical information sharing will allow for businesses to make informed and cost-effective decisions about the chemicals incorporated into their products.

Keep Your Eye on the Ball... When Legislating!

Marty Robins | Posted 05.25.2011 | Politics
Marty Robins

Every child learning a sport is admonished to 'keep your eye on the ball!' This advice has worked well for generations. If only our lawmakers and regulators were told the same!

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.

Consumer Protection: Progressive Momentum and Forbidden Love

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Harry Reid got it right when he said that the GOP is "making love to Wall Street" -- and when politicians and bankers "make love," it's the public that gets screwed.

Consumer Agency's Path Will Be Set By First Chief

Wall Street Journal | Posted 05.25.2011 | Business

More than 400 pages of legislation detail the duties and powers of the Consumer Financial Protection Bureau that Congress is set to create. But the fi...

Arthur Levitt Q&A On Financial Reform: "Changes Are At The Margins"

ProPublica | Karen Weise | Posted 05.25.2011 | Business

After a 20-hour, all-night session, Senate and House negotiators agreed last Friday on a compromise financial reform bill meant to prevent future econ...

Wall Street, Repent!

Jim Wallis | Posted 05.25.2011 | Religion
Jim Wallis

The principles of clarity, transparency, accountability, and protecting the common good against private greed are not just economic policy matters. On a more transcendent level, they provide the metrics of real repentance.

Shahien Nasiripour

Elizabeth Warren: GOP Reform Plan Is A Failure, Republicans Choosing Banks Over Families | Shahien Nasiripour | Posted 05.25.2011 | Business

It's time for senators -- especially the Republicans -- to square their upcoming votes on financial reform with their long-professed desire to protect...

Jason Linkins

Financial Reform Filibuster: Who Blinked To End It? | Jason Linkins | Posted 05.25.2011 | Politics

Threatened with the prospect of having to spend the entire night sleeping on a cot inside the white sepulchre known as the United States Capitol, Senate Republicans have apparently assented to allowing a debate on the financial regulatory reform bill. Victory for Main Street! Unless, of course, Senate Democrats decided to back down on a strong(ish) bill so that the seeds of bipartisanship could be sown. In which case: Victory for David Broder!

How The Financial Reform Bill Affects Your Everyday Life (PHOTOS)

Posted 05.25.2011 | Business

NEW YORK (By Rachel Beck, AP) - The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you inte...

Shahien Nasiripour

Dem-Sponsored Loophole In Financial Reform Bill Could Hurt Seniors | Shahien Nasiripour | Posted 05.25.2011 | Business

This report was updated at 6:00 p.m. ET. House Democrats provided the key votes to help adopt a measure that critics argue will hurt senior citizens ...

America's Youth Are Too Big to Fail

Gregory Cendana | Posted 05.25.2011 | Business
Gregory Cendana

If Congress fails to act on financial reform, young people will continue to enter adulthood with suffocating debt levels, high unemployment, and few ways to help grow the economy.

Arthur Delaney

The Ballad Of Francis Timothy Coleman | Arthur Delaney | Posted 05.25.2011 | Business

Francis Timothy Coleman first heard of "Privacy Assist" when a salesman called him at the end of 2009, saying he needed to verify Coleman's informatio...

What Do We Do When Freedom Undermines Freedom?

Alan Krinsky | Posted 05.25.2011 | Politics
Alan Krinsky

In a free society, what do we do when the full expression or fulfillment of a core principle results in its own undermining or destruction? For insta...

Let Cities Put Funds Where They Want

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

It is time to end the anticompetitive restrictions limiting local governments from depositing their funds in institutions that provide the greatest benefits to their residents.

Jury Awards Florida Couple $2.4 Million In Damages For Poison Chinese-Made Drywall

AP | CURT ANDERSON | Posted 05.25.2011 | Green

MIAMI — A Florida couple who fled their dream home because of foul-smelling, ruinous Chinese drywall was awarded $2.4 million in damages Friday ...