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December 31, 2017
WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) and Rep. John Ratcliffe (R-Texas) introduced legislation to reverse unaccountable overreach at the Consumer Financial Protection Bureau (CFPB). The pair of bills (S. 370 and H.R. 1031) would help advance Republicans’ broa...
December 31, 2017
President Trump recently vowed to "do a big number" on Dodd-Frank. Janet Yellen doesn't believe that should happen.
Point by point, the Federal Reserve chief on Tuesday debunked the core arguments used by the White House to push for rolling back the 2010 Wall Stree...
December 31, 2017
Feel like you're getting ripped-off by your bank? Harassed by debt collectors?
Join the club.
For nearly two years, the Consumer Financial Protection Bureau has maintained a giant public database of consumer complaints that now contains more than 700,000 grievances again...
December 30, 2017
The next time you open a bank account or sign up for a credit card, make sure you read the fine print.
Lawmakers overturned a rule Tuesday night that would have prohibited companies from using arbitration clauses to prevent consumers from filing class action lawsuits.
Th...
December 30, 2017
A rule that allowed consumers to more easily sue banks and credit card companies is officially dead.
President Trump signed legislation on Wednesday afternoon repealing a provision issued by the Consumer Financial Protection Bureau in July.
The measure, which tackled man...
December 30, 2017
Activist Amanda Werner stands outside the Senate Banking Committee’s hearing room dressed as Monopoly’s Rich Uncle Pennybags to protest the bank’s push to reverse a critical consumer protection rule. Oct. 3, 2017.
Photo: Aída Chávez
MEMBERS OF THE Senate Banking Committe...
December 30, 2017
More than a dozen U.S. banks and business groups sued the Consumer Financial Protection Bureau on Friday in a last-ditch effort to block a new rule allowing consumers to band together and sue their credit card companies and other financial institutions.
The lawsuit...
December 30, 2017
Foreclosure inventory decreased by 21.7 percent and completed foreclosures dropped by 16.2 percent in January compared to the year-ago period, a new report from CoreLogic shows.
In addition, the number of completed foreclosures nationwide decreased year over year from 4...
December 30, 2017
Raise Questions About Consumer Czar Elizabeth Warren’s Congressional Testimony
Washington, DC — June 16, 2011
Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it has uncovered documents indicating th...
December 25, 2017
Mike Pence cast the deciding vote Tuesday night to allow big banks to screw consumers, as the Senate repealed a Consumer Financial Protection Bureau rule making it easier for people to sue banks and credit card companies. The rule prevented financial institutions from...