consumer protection – Page 9

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When Wall Street Writes Its Own Rules, It’s An Age of Unprecedented Corruption

February 9, 2018 Editor

From today’s New York Times: On July 25, 2013, a high-ranking federal law enforcement officer took a public stand against malfeasance on Wall Street. Preet Bharara, then the United States…

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How Wells Fargo and Federal Reserve Struck Deal to Hold Board Accountable

February 6, 2018 Editor

From today’s New York Times: On a Thursday evening in mid-January, a group of top Wells Fargo executives sat down for dinner in an upscale surf-and-turf restaurant near the White…

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In Montana, Governor Bullock Signs Order to Enforce Net Neutrality

January 22, 2018 Editor

From the New York Times: Most efforts underway to restore so-called net neutralityface big obstacles and would take many months, if not years, to succeed. But in Montana, the governor…

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CFPB to reconsider rule on payday loans

January 17, 2018 Editor

From CNN Money Edition: The watchdog agency said in a statement Tuesday that it intends to “reconsider” a regulation, issued in October, that would have required payday lenders to vet…

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Bad news for American consumer rights, as CFPB director announces departure

November 18, 2017 Editor

Richard Cordray, the head of Consumer Financial Protection Bureau, is stepping down at the end of the month. The bureau was created in the wake of the financial crisis and…

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Pence casts deciding vote in Senate to deny consumers rights to sue banks

October 26, 2017 Editor

From today’s Washington Post by Ken Sweet: Call it a win for “the swamp.” President Trump and Republicans in Congress handed Wall Street banks a big victory by effectively killing…

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Ralph Nader: Trump’s Anti-Consumer Agenda Hurts His Voters

October 24, 2017 Editor

From today’s New York Times “Opinion” Section by Ralph Nader; As a candidate, Donald Trump promised regular people, “I will be your voice,” and attacked the drug industry for “getting…

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Cordray Gives No Signal of Departure Plans as CFPB Finalizes Payday Rule

October 20, 2017 Editor

From law.com Oct. 5, 20 by C. Ryan Barber: As the Consumer Financial Protection Bureau moved Thursday to impose tighter restrictions on the payday lending industry, one question still looms…

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House Republicans Are Trying to Pass the Most Dangerous Wall Street Deregulation Bill Ever

June 12, 2017 Editor

From Mother Jones, June 7, 2017 by Hannah Levintova: . From the earliest days of his campaign, Donald Trump has opposed the Dodd-Frank Wall Street Reform and Consumer Protection Act,…

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CA considers legislation for students to refinance loans with lower interest rates

April 18, 2017 Editor

From today’s LA Times: State treasurer and gubernatorial hopeful John Chiang is wading into the increasingly high-profile debate over college affordability with a new push for California to play a…