January 4, 2012 – 11:02 am | Comments Off

Consumers won today when President Obama defied Wall Street interests to make a recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau. President Obama stood with consumers and families in making this crucial decision.

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AFR Letter Opposing Legislation That Would Weaken the CFPB
July 21, 2011 – 9:41 am

AFR sent a letter to members of Congress yesterday regarding a piece of legislation that would threaten the ability of the CFPB to sufficiently protect consumers. If enacted, this bill would virtually guarantee that the CFPB would be a weak and timid agency without the will or ability to curb the kind of financial abuses that caused the nation’s worst financial crisis since the Great Depression.

Majority Of Americans Support Strong Consumer Protection Agency: Poll
July 21, 2011 – 9:35 am

Majority Of Americans Support Strong Consumer Protection Agency: Poll
James Sunshine (Huffington Post)
July 21, 2011
―As of Thursday, the Consumer Financial Protection Bureau is open for business. And many Americans have already expressed their support. The poll, …

New Report Highlights Reasons for New Consumer Protections
July 21, 2011 – 6:09 am

FOR IMMEDIATE RELEASE
July 21, 2011
CONTACT:  Ed Mierzwinski, U.S. PIRG 202-461-3821
John Carey, AFR, (202) 466-1854 

 
New Report Highlights Reasons for New Consumer Protections
Consumer Financial Protection Bureau “Stands Up” Today

Washington, DC – The report, entitled “10 …

Huffpost Hill – Congress Still Targeting Olds
July 20, 2011 – 2:28 pm

Huffpost Hill – Congress Still Targeting Olds
Huffington Post
July 20, 2011
“OCC Still a Sick Joke Masquerading as a Federal Agency – Remember when all those state regulators wanted to crack down on predatory lending in, like, …

New agency arrives with broad powers to police financial products
July 20, 2011 – 12:24 pm

New agency arrives with broad powers to police financial products
Connie Prater (Creditcard.com)
July 20, 2011
―In what consumer groups are heralding as a historic moment for American families, a new federal consumer financial watchdog agency officially opened …

10 Reasons We Need the CFPB Now
July 20, 2011 – 9:57 am

Read U.S. PIRG and AFR’s issue brief outlining the 10 reasons we need the Consumer Financial Protection Bureau here.