AFR in the News: Fledgling Consumer Bureau Branches Out
Under huge pressure and intense scrutiny, the CFPB’s “execution has been pretty darned good,” says AFR ‘s Lisa Donner..
Category Archives: AFR in the News
AFR in the News: The Dangers of Chicago’s “Transidebit” Card
Combing through a 1000-page contract, the Tribune found “some eye-opening fees.” Such as $2.95 for “reloading your account online using a credit card.”
AFR Statement on House Swaps Bills
“Last week’s Senate report on JPMorgan Chase’s ‘London Whale’ trades should have redoubled Washington’s resolve to carry out the basic derivatives safety measures of Dodd-Frank. But too many members of the House Agriculture Committee seem to have their heads buried in the sand.”
AFR in the News: Main Street’s Best Friend in Government
“Agencies like the CFPB only come around once in a century,” John Wasik writes on Forbes.com, citing AFR’s summary of the bureau’s work to date.
AFR in the News: Does More Need to be Done About ‘Too Big To Fail?’
AFR’s Marcus Stanley was interviewed by Peter Barnes of Fox Business News on March 11.
AFR in the News: Advocates and Independent Advisors Stand Up for Fiduciary Duty
The Bond Buyer reports on resistance to House legislation that would “let big banks and swap dealers escape Dodd-Frank’s fiduciary duty provision,” relieving them of any duty to “put clients’ interests ahead of their own.”
AFR in the News: Don’t Call Us Systemically Important, Says MetLife
MetLife CEO Steve Kandarian warns of dire consequences if large insurance companies are designated systemically important and deserving of special oversight. Such a move, he said, “could disrupt an entire industry just as the economy is regaining its footing.”
AFR in the News: NPR’s “On Point” Examines CFPB Battle
Ed Mierzwinski of US PIRG (also the head of AFR”s consumer protection task force) appeared on WBUR-FM with a Washington Post reporter and a Heritage Foundation fellow.
AFR in the News: One Way to Find Out if Mary Jo White is Tough Enough
Litigation Daily’s Susan Beck nudges the probable next SEC chair to take on the rating agencies and their built-in conflict of interest.
AFR in the News: Cordray Nomination Shows Consumer Bureau Battle Lines Unmoved
While Republicans threaten to once again insist on weakening changes in the CFPB’s governing structure before considering a nominee for director, Richard Cordray may be winning over some elements of the banking world, according to Bloomberg.