Is refusing to appoint a director an acceptable means of forcing changes, or an irresponsible choice that distracts from the potential for good that the agency was created for?
Entries Tagged as 'Republicans'
As Promised, Senate Republicans Refuse Confirmation of CFPB Director
December 9th, 2011 · 2 Comments · Credit Cards
Tags: CFPB·Consumer Financial Services Bureau·credit·credit card agreements·Credit Cards·Dodd-Frank·Republicans·Richard Cordray·Senate Republicans
House to Consider Legislation Limiting Consumer Protection
May 16th, 2011 · No Comments · Consumer Info
The urgency to defend the Consumer Financial Protection Bureau has been heightened by pending legislation that, if passed, will dilute its effectiveness at consumer protection.
Tags: CFPB·Consumer Financial Protection Bureau·consumer protection·Democrats·Financial Stability Oversight Council·House·House Financial Services Committee·Republicans·Senate
How Will Biz Respond to Election Turnout & Feds New Economic Recovery Plan?
November 3rd, 2010 · No Comments · Economy, Mortgages, Taxes
How will Republican control of the House and the Feds’ plan to buy more Treasury bonds change the expectations for economic recovery among businesses and, in turn, the Americans who need their jobs.
Tags: 2010 elections·Ben Bernanke·Congress·Democrats·economic recovery·Economy·Federal Reserve·House·Interest Rates·Jobs·Mortgages·Obama·Republicans·Senate·Taxes·Treasury bonds·Unemployment
“Cramdown” Legislation Fails in Senate
May 7th, 2009 · 1 Comment · Mortgages
Back in March, we ran a blog post on how credit unions were worried about new “Cramdown” legislation, which would allow bankruptcy judges to reduce the principal in mortgages loans. Well, they need not worry any longer, at least for a time. The Senate just defeated the bill 51-45. According to CNN, the financial industry [...]
Tags: cramdown legislation·Democrats·House·House of Representitives·Mortgages·principal·Republicans·underwater
