When a financial institution fails, only insured depositors should be rescued by the government.  Bailouts for other parties, such as shareholders and bond holders, are an unacceptable use of the public treasury to rescue private …

The National Association of Consumer Advocates (NACA) explains why auto dealers must be covered by the Consumer Financial Protection Agency (CFPA).
Download this information as a PDF.
While the vehicles themselves have never been better, predatory auto …

Press Release
CONTACT: Doug Gordon, (202) 822-5200 x237
LEADING FINANCIAL REFORM COALITION POSES QUESTIONS FOR FED CHIEF BERNANKE
Continued Bank Control of Regional Fed Banks Comes Under Fire
Will “Too Big to Fail” Taxpayer Bailouts of Reckless Big Banks …

They bring signs, banners, leaflets, and stories of foreclosures and unemployment.  Individually, they’re mothers, fathers, retirees, hard workers who are in between jobs.  Together, they’re a force to be reckoned with, as local AIG and …

BanksterUSA.org has made the clever video below using everyone’s favorite holiday movie, “It’s a Wonderful Life,” to remind us of the woes facing many families this holiday season.
In the midst of so much foreclosure, debt, …

The Center for Responsible Lending warned consumers this Black Friday to watch out for overdraft loans.  Every day, consumers lose $65 in overdraft fees to banks.  As CRL explains:
At $24 billion per year in fees, …