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Elizabeth Warren: Banks or Families?
April 1, 2010 – 1:10 pm

Elizabeth Warren wrote this piece in Politico.  Here is an excerpt:
Banks or families?
For almost a year, the big banks and the American Bankers Association have presented that choice to Congress. Lobbyists argue that meaningful consumer …

Protesters at Bank of America Call for a Freeze on Foreclosures
March 26, 2010 – 8:47 am

Consumer rights activists staged a protest inside the Bank of America building in St. Louis on March 24th.  The protesters, organized as part of the People’s Settlement, called for a freeze on foreclosures and specifically …

New Study: Bankers Dead Wrong About Effects of Bankruptcy Reform
March 25, 2010 – 8:11 am

In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA).  Consumer advocates strongly opposed this bill, warning that it was designed only to profit credit card companies while harming consumers.  A study …

The New York Times: Behind Consumer Agency Idea, a Tireless Advocate
March 24, 2010 – 9:38 am

The New York Times understands that Elizabeth Warren has not only the qualifications but also the passion to ensure that the CFPB does what it was created to do–what Elizabeth Warren wanted it …

NPR: Soros Supports the CFPA
March 10, 2010 – 10:50 am

George Soros has made billions of dollars predicting the ups and downs of global financial markets.  In this discussion with NPR’s Steve Inskeep he strongly endorses the creation of a Consumer Financial Protection Agency (CFPA).
Listen here.

Refund Anticipation Loans and the OCC
March 3, 2010 – 2:10 pm

This article from Zach Carter with SNL Financial outlines the problems with the current regulation, and lack thereof, of Refund Anticipation Loans.
Click here for the article (pdf).