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 for business Thursday. It is doing so,
Elizabeth Warren‘s Summer Grilling Gary Rivlin (The Daily Beast) July 14, 2011 ―Summer is the season of reruns, so anyone tuning in this morning to watch the latest appearance of Elizabeth Warren on Capitol Hill can be forgiven for thinking they‘ve seen this show before.
Report says speculation accounts for 83 cents per gallon of gasoline prices Olivia Kabat (WMNF – FL) July 12, 2011 ―Those high gasoline prices you’re paying at the pump may have a lot to do with Wall Street speculation. According to a new report, because
Dodd-Frank Act Forcing Banks to Slim Down, Reshape Swaps: One Year Later Clea Benson and Phil Mattingly (Bloomberg) July 11, 2011 ―Jamie Dimon keeps a tally of the ways Wall Street already has been affected by the largest overhaul of financial regulation in generations. At
Regulators industry cozy up at conferences Laura Hautala (Politico) July 10, 2011 ―Want to talk to a Dodd-Frank rule writer? Try Las Vegas. Traveling to glitzy locales to meet with regulators responsible for ironing out the details of the new financial regulation law has been
Study finds financial speculation in oil led to higher gasoline prices Dennis Sadowski (Catholic News Service) June 30, 2011 ―Excessive speculation in crude oil futures on the part of financial traders added 83 cents to the cost of a gallon of gasoline in May, two
Drivers could have saved $41 on gas – Wall Street speculation being blamed for prices Shannon Halligan (22 News – Springfield, MA) June 29, 2011 ―A new report out says gas prices could have been 83 cents lower last month. Gas prices topped off at
Speculation Adds 83 Cents A Gallon to Gas Prices at the Pump Jonathan Fox (CALPIRG) June 28, 2011 ―CALPIRG, a statewide consumer advocacy organization I work for, just released a new report entitled “How Speculation is Driving Up Gasoline Prices Today”. The report was authored
Kansas City Fed’s Hoenig Wants Aid For Manufacturers Over Banks Maya Jackson Randall (Automated Trader) June 28, 2011 ―Federal Reserve Bank of Kansas City President Thomas Hoenig, along with other panel members at a conference Tuesday, argued that U.S. policies have tended to boost Wall
The Consumer Financial Protection Bureau: Not Yet Open and Already Under Attack Marlys Harris (MarketWatch) June 25, 2011 ―The other day, Bloomberg Businessweek reported that the Center for Responsible Lending had spent$96.000 on lobbying in the first quarter of 2011 compared with $130,000 in the