In the News
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 …
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 …
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 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 …
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.
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).