In a controversial act that could have legal ramifications, President Obama took matters into his own hands this week and appointed the first director to the Consumer Financial Protection Bureau.
Entries Tagged as 'Senate'
In Defiance of Senate Republicans, Obama Appoints CFPB Director
January 6th, 2012 · 3 Comments · Consumer Info
Tags: CFPB·Consumer Financial Protection Bureau·consumerfinance.gov·Cordray·Obama·President Obama·Richard Cordray·Senate·Senate Republicans
Senate Votes No Delay on Capping Debit Card Fees
June 13th, 2011 · No Comments · Debit Cards
After months of debate on the issue, debit card fees charged to merchants will be capped at 12 cents per transaction starting July 21, 2011.
Tags: debit card fees·debit card transaction fees·Debit Cards·Dodd-Frank·Free Checking·PIRG·Retail Industry Leaders Association·Senate
More Cheerleading for Elizabeth Warren
June 7th, 2011 · No Comments · Consumer Info
Maybe you haven’t heard of Elizabeth Warren. If you haven’t, you’re unaware of one of your best friends. Elizabeth Warren is the Harvard Law professor who has almost single-handedly taken on Wall Street, the mortgage industry and credit card companies. She was the chair of the Congressional Oversight Panel created to oversee the U.S. banking [...]
Tags: Al Franken·CFPB·Consumer Financial Protection Bureau·credit card abuses·CREDO·Dodd-Frank·Elizabeth Warren·recess appointment·Senate
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
