In the News
Financial firms brace for Biden’s consumer agency chief
01/26/21, The Hill
NASAA Tells Biden Administration to “Pause on the further expansion and deregulation of the private offering marketplace”
01/23/21, Crowdund Insider
Biden promised to forgive student debt, but don’t expect relief anytime soon
01/23/21, CNBC
Also appeared in: MSN, NewsColony
Wall Street frets as Elizabeth Warren ally takes consumer protection role
01/22/21, The Financial Times
The Effects of the Financial Regulations of the Last Four Years and the Challenges for the New Administration
01/21/21, 94.1 KPFA
‘Now Let’s Cancel Them,’ Demands AOC as Biden Extends Pause on Student Loan Payments
01/21/21, The Common Dreams
Also appeared in: Truthout, Salon
Tug-of-war between debt and stimulus awaits Yellen at Treasury
01/19/21, Yahoo Finance
Outlook darkens for Wall Street as Biden’s regulators take shape
01/18/21, Reuters
Yellen Readies Big Changes for Treasury
01/18/21, The New York Times
Also appeared in: The Business Journals
Wall Street Money, Racism, and the Politics of Anti-Democracy
01/15/21, Inequality.org
Student advocates struck by absence of debt forgiveness in Biden’s coronavirus plan
01/15/21, The Washington Post
Also appeared in: SFGate
Peter DeFazio: DeFazio Introduces Financial Transaction Tax Act to Rein in Wall Street and Generate Revenue for National Priorities
01/15/21, MarketScreener
70 Groups Urge Congress to Vote Immediately to Impeach President Trump for Inciting Violent Mob Attack on Capitol
01/11/21, Government Accountability Project
Biden to Extend Pause on Student Loan Payments
01/11/21, Inside Higher Ed
Speculative “Blank Check” Companies Surround Tony Blinken, Biden Administration
01/10/21, The Intercept
Wall Street braces for tougher rules under new Democratic majority
01/10/21, The Hill
Why Yellen’s Wall Street windfall is getting a pass
01/10/21, Politico
It’s complaint season, and the OCC is a common target
01/06/21, Bank Dive
The debate over Janet Yellen’s speaking fees, explained
01/04/21, Vox
Also appeared in: MSN News
Two Biden aides will recuse on BlackRock issues as past ties pose questions
01/04/21, The Washington Post
‘Unacceptable’ and ‘Immoral,’ Say Progressives After Biden Admits He Will Be ‘Unlikely’ to Cancel Student Debt
12/24/20, Common Dreams
Also appeared in: LA Progressive
The new stimulus bill didn’t extend the student-loan payment pause — but it has 8 provisions that will affect how families pay for college
12/23/20, Market Watch
Here’s the progressive Biden should pick to run America’s consumer watchdog
12/21/20, The Washington Post
Kelly Loeffler, a Wall Street Senator With a Hardscrabble Pitch
12/21/20, The New York Times
Also appeared in: The Chicago Tribune
Legislators Should Require Supervision And On-Site Examination Of Private Equity Firms
12/18/20, Forbes
AFR Pushback on GAO Study
12/18/20, Politico Pro
Last-minute GOP push to end emergency lending programs condemned as effort to ‘sabotage the economy,’ undermine Biden
12/18/20, Common Dreams
Also appeared in: The Raw Story
Exclusive: House Democrats roll out resolution calling for Biden to forgive $50,000 of borrowers’ student debt
12/17/20, Vox
Also appeared in: MSN News, JNews, FXNews24
Mobile homes’ toxic legacy haunts wildfire relief efforts in Southern Oregon
12/16/20, Street Roots
FDIC Approves ILC Rule Promoting Predatory Lending
12/16/20, ValueWalk
How Government Agencies Can Find A Disbursement Method Middle Ground
12/16/20, PYMNTS.com
Why Biden should get rid of student debt — with or without Congress
12/15/20, NBC THINK
Democrats’ student loan forgiveness plan benefits the wealthy, ignores skyrocketing college costs, experts say
12/14/20, The College Fix
Student Loan Cancellation Sets Up Clash Between Biden and the Left
12/10/20, The New York Times
Also appeared in: Yahoo News, The Grio
Yellen’s Crackdown on Leveraged Loan Excess Will Have to Wait
12/10/20, Bloomberg
Also appeared in: American Banker, Reverse Mortgage Daily
Bankers Are Enriching Shareholders – And Putting the Global Economy at Risk
12/08/20, The Daily Poster
Also appeared in: Jacobin
New Trump admin rules make it easier for lenders to charge small businesses super-high interest rates
12/08/20, NBC News
Also appeared in: Yahoo News
Wall Street Frets Over a Revival of CFPB Left Toothless by Trump
12/08/20, Bloomberg
Also appeared in: Yahoo Finance, Stamford Advocate, Financial Advisor, Auto News
Nursing Homes’ Flawed Business Model Worsens COVID Crisis
12/07/20, AARP
Also appeared in: Nonprofit Quarterly
Schumer pressures Biden to bypass Congress to cancel $50,000 in student debt per borrower
12/07/20, CNBC
Also appeared in: MSN
Oppose Legislative Provision that Provides Businesses with Immunity from COVID-19 Lawsuits
12/04/20, The Leadership Conference on Civil and Human Rights
Student loan payment pause extended to January 31
12/04/20, CNN
Also appeared in: Market Watch, Forbes, WSB-TV, WDBO
DeVos extends moratorium on federal student loan payments through end of January
12/04/20, The Washington Post
Also appeared in: MSN, Anchorage Daily News, PressFrom
Loeffler’s Huge Financial Conflict Of Interest
12/03/20, The Daily Poster
How Biden Can Ensure Every Federal Agency Is Fighting Climate Change
12/03/20, Gizmodo
Also appeared in: MSN
Who’s to Blame for the 100,000 COVID Dead in Long-Term Care?
12/03/20, AARP
Tlaib, García and Lynch Introduce Legislation Protecting Consumers from Cryptocurrency-Related Financial Threats
12/02/20, Rep. Rashida Tlaib
Progressives praise Yellen but could soon clash with Biden’s Treasury pick
11/27/20, Politico
Also appeared in: BuzzJour, ExBulletin, Yahoo, Nach Welt
Revenge of the Minnows
11/24/20, Risky Finance
Student Loan Forgiveness
11/23/20, The Flip Side
The Most Important Climate Legislation Has Already Passed
11/23/20, Green Tech Media
How the Biden Administration Can Free Americans from Student Debt
11/23/20, The New Yorker
A major Trump donor’s company got a 3 percent government-backed pandemic loan. It sells title loans at a 350 percent annual rate.
11/23/20, The Washington Post
Also appeared in: Larendo Morning Times, Greenwich Time, Fredericton Daily Gleaner
Can Joe Biden forgive student debt without Congress? Here’s what the experts say
11/21/20, CNBC
Wall Street Ally Next In Line to Lead Committee Overseeing Derivatives
11/20/20, Sludge
Also appeared in: Truthout, The American Prospect
Clayton’s Exit at SEC Opens Door to Protect Investors
11/19/20, Bloomberg
Also appeared in: Yahoo Finance, Pittsburgh Post-Gazette
Groups Call on Biden to Cancel Student Debt
11/19/20, Inside Higher Ed
Report: Billionaire Wealth vs. Community Health
11/18/20, Inequality.org
Calls for Biden to cancel student debt grow, alongside tensions surrounding the policy
11/18/20, The Washington Post
Push for Biden to cancel student debt using executive order grows
11/18/20, Fox Business
In Georgia, private equity is investing in divided government
11/17/20, The New York Times
Leading From the Left
11/17/20, The American Prospect
Opinion: Easy money requires tougher financial regulation
11/17/20, MarketWatch
More Biden Fin-Reg Push Back
11/16/20, Politico
Trump’s student loan cliff threatens chaos for Biden
11/15/20, Politico
50+ Organizations Demand President-Elect Biden and Senate Democrats Reject Corporate Nominees for Cabinet Positions
11/12/20, Common Dreams
Could Biden Cancel Some Student Debt Through Executive Action?
11/09/20, Forbes
In a Divided Washington, Biden Could Still Exert Economic Power
11/08/20, The New York Times
Also appeared in: Voice of the Highway, Baltimore Business Journal
Under the Biden Administration, Voters want Strong Financial Reforms that Benefit Everyone
11/07/20, KPFA
The Finance 202: The 2020 election has an early winner: Fed Chair Jay Powell
11/06/20, The Washington Post
COVID-19 Worsens Debt Collector Harassment
11/05/20, The Washington Informer
Also appeared in: Black Press, Dallas Weekly, EURWeb, New Pittsburgh Courier, Crusader, Louisiana Weekly, Amsterdam News
Emails, texts from debt collectors? More repayment reminders could be coming under a new rule
11/04/20, USA Today
Also appeared in: Yahoo Finance, Life Hacker, Hollywood Unlocked
Dems introduce bill to include financial institutions in Civil Rights protection
11/03/20, BenefitsPro
How Covid forbearance gave banks a three trillion dollar boost
11/03/20, Risky Finance
Biggest U.S. Banks Aren’t as Strong as They Appear, Group Says
11/02/20, Bloomberg
Also appeared in: Politico, FXStreet, Financial Advisor
Tillis Pushed Deregulation That Helps His Top Donor, Blackstone Group, Bilk Small Investors
10/30/20, Sludge
As Households Face Crushing Debt and Pandemic, Trump CFPB Opens Door for Collectors to ‘Endlessly Harass Struggling Families’
10/30/20, Common Dreams
Rashida Tlaib and AOC have a proposal for a fairer, greener financial system — public banking
10/30/20, Vox
Also appeared in: Common Dreams
Wall Street’s Biggest Supporter Could Lose Her House Seat
10/30/20, The American Prospect
Climate Progressives Eye Treasury As Key Post If Biden Wins
10/29/20, HuffPost
Also appeared in: Yahoo News
Democrats Introduce Legislation to Include FIs in Civil Rights Protection
10/26/20, Credit Union Times
Reps. Johnson, Beatty introduce legislation to combat discrimination in financial services
10/22/20, On Common Ground News
Progressives Tell Biden: Appointees Must Be Diverse and Free of Corporate Ties
10/20/20, Mother Jones
Postal service crisis — California is ready to pilot a postal banking solution
10/19/20, The Hill
Also appeared in: Popular Resistance
AFR Poll: 73% Of Americans Support Tougher Regulation Of Wall St.
10/14/20, WORT
10 Years After Financial Reforms, Public Wants More Regulation
10/1/20, Rising Up with Sonali
Also appeared in: KPFK, KPFA, FYINation, KAKU, KBCS, KBOO, KCEI, KODX, KOWA-LP, KVDG-LP, KWAQ, KWRK-LP, WCRS-LP, WEZU, WGRN, WLRI, WPRR, WRFI, Free Speech TV
Fed Bailout Allows Private Equity Pirates to Loot $10 Billion From Companies They Own
10/1/20, Inequality.org
What the unbanked need from the 2020 election
9/30/20, Fortune
The Debate We Had vs. the Debate We Needed
9/30/20, The American Prospect
Giant Tech Firms Could Pose Dangers To Financial System, Warns House Fintech Task Force Chair
9/29/20, Forbes
FIRST LOOK: NEW POLLING ON WALL STREET REGULATION
9/29/20, Politico
Amid Consumer Behavior During Covid-19, Congress Examines Granting Fintech Bank Charters
9/28/20, Forbes
Critics Worry SEC Shareholder Proposal Rules Limit Corporate Accountability
9/23/20, WealthManagement.com
How “Cancel Student Debt” Went From A Fringe Idea To Mainstream
9/21/20, Forbes
How to Save the Pandemic Generation
9/21/20, The New Republic
Bank Lobby’s Pro-Tillis Ad Follows Legislative Favors from the Senator
9/19/20, Sludge
The Trouble With Opportunity Zone Investments
9/18/20, Barrons
Private equity looks to shore up Capitol Hill allies in 2020 election
9/18/20, Buyouts Insider
Wells Fargo makes it harder for poor customers to avoid checking account service fee
9/17/20, Charlotte Observer
Unsanitized: The Fed Is Overpaying Banks and Hedge Funds for Corporate Bonds
9/16/20, The American Prospect
Opinion: Instead of selling off the Postal Service, why not expand the services it provides to every community in America?
9/16/20, MarketWatch
Making sense of a bull market in a bear economy
9/9/20, American Banker
HUD finalizes contentious revamp of fair lending rule with one tweak
9/9/20, National Mortgage News
The Finance 202: Publicly, Biden promises a Wall Street crackdown. Privately, his camp is offering reassurance.
9/8/20, The Washington Post
A New Agency to Fight Financial Predators in California
9/8/20, The American Prospect
Activists Oppose OCC’s True Lender Rule
9/3/20, ValueWalk
Consumer Advocacy Groups Complain Against PayPal Holdings Inc
9/3/20, DRP Journal
Resisting Predatory Finance with Raúl Carrillo
9/2/20, Money on the Left
Wall Street Moving To Make A Mint Off The Mail, JPMorgan Postal Bank
9/1/20, Popular Resistance
Student Loan Giant Navient Reaps Backdoor Federal Reserve Subsidy
8/31/20, The American Prospect
The Fintech Debt Trap
8/30/20, The Intercept
Also appeared in: Type Investigations
Are public-private partnerships the future of postal banking?
8/28/20, American Banker
Lives Lost: Nursing Homes And Armed Militias
8/28/20, WORT
Seeking to reign in capitalism, Omidyar is the rare funder taking on Wall Street
8/27/20, Inside Philanthropy
PayPal cracks down on for-profit ‘schools’ misrepresenting PayPal Credit
8/27/20, Yahoo Finance
PayPal, consumer groups battle over company’s credit line for school costs
8/26/20, CNBC
Bailout: Billions of Dollars of Federal COVID-19 Relief Money Flow to the Oil Industry
8/26/20, Sierra
The Trump administration is making it easier for lenders to prey on people in the middle of a pandemic
8/26/20, Vox
Patrick Woodall on Nursing Homes, Wall Street, and COVID-19
8/26/20, Sojourner Truth
Nursing Home Greed Kills
8/22/20, The Zero Hour with RJ Eskow
Consumer Groups Take PayPal to Task Over Student Loan Credit Line
8/21/20, The New York Times
Also appeared in: SF Gate, El Paso Inc
Consumer groups alarmed by PayPal’s role in education finance want regulators to investigate
8/21/20, The Washington Post
Also appeared in: Seattle Times, Pittsburgh Post-Gazette, SF Gate
18 Organizations Make Joint Comment On Fiduciary Rule Replacement
8/16/20, Insurance News Net
Fed Stimulus Is Resuscitating the High-Yield Bond Market
8/14/20, Wall Street Journal
Nursing Facilities Owned By Private Equity Firms Have Higher Rates of Covid Infections than Other Facilities
8/13/20, Center for Medicare Advocacy
Private Equity-Owned Nursing Homes Had Higher COVID-19 Infection, Fatality Rates: Report
8/10/20, Skilled Nursing News
The Wallets of Wall Street Are With Joe Biden, if Not the Hearts
8/9/20, The New York Times
Also appeared in: Deccan Herald, The World News, Sydney Morning Herald, Brisbane Times, The Age, WAtoday
Here’s what is actually in Trump’s four executive orders
8/9/20, The Washington Post
Also appeared in: MSN, SF Gate, The Day, Anchorage Daily News, Seattle Times
Trump Signals Aid for Student Loan Borrowers
8/7/20, Inside Higher Ed
1199SEIU: Private equity-backed nursing homes do worse during pandemic for residents and staff
8/6/20, Insider NJ
Wall Street Is Torn on Whether a Biden Win Would Bring Joy or Misery
8/3/20, Bloomberg
Also appeared in: Yahoo Finance, Newsmax, Investing.com, Business Standard, Rome News-Tribune, The Hour, Fairfield Citizen, Bozeman Daily Chronicle, Wenatchee World, Connecticut Post, Greenwich Time, Stamford Advocate, Fort Worth Star-Telegram, Miami Herald, ArcaMax, The Olympian, Bradenton Herald, Connecticut News-Times, Beaumont Enterprise, Wichita Eagle
Progressive Coalition Urges Biden to Curb ‘Excesses of Corporate Power’ by Ending White House Revolving Door
7/30/20, Common Dreams
Teacher Unions Join 55 Organizations Opposing Stimulus Bill That Excludes Student Loan Relief
7/29/20, Forbes
30+ Groups Urge Congress to Expand Coronavirus Relief for People, Not Corporations
7/23/20, Common Dreams
Also appeared in: YubaNet
CBA Applauds Senate Action on Stimulus Garnishments
7/23/20, Consumer Bankers Association
Also appeared in: Market Screener
Amid Tense Primary Fight, Powerful Democrat Rep. Richie Neal Condemned for Supporting Predatory Medical Billing Policy
7/21/20, Common Dreams
Seven Groups Urge Chairman Neal to End Surprise Medical Billing
7/21/20, Common Dreams
OCC Rule Would Undermine State Usury Laws: Activists
7/20/20, ValueWalk
The CFPB was created 10 years ago. We’re still defending its mission.
7/20/20, U.S. PIRG
Unleashing Payday Predators
7/20/20, Tennessee Citizen Action
Consumer complaints to the CFPB are skyrocketing as the coronavirus outbreak continues
7/19/20, MarketWatch
Also appeared in: MSN
The US gave employers half a trillion dollars and has no idea how many jobs it saved
7/18/20, Quartz
Coronavirus recession will challenge the Consumer Financial Protection Bureau, ex-head Rich Cordray and Sen. Elizabeth Warren predict
7/17/20, Cleveland.com
MARKEY releases TAX RETURNS — The WALSH vs. WU showdown — House panel clears TRAHAN in ethics probe
7/17/20, Politico Massachusetts
Troubling streak for the labor market
7/17/20, Politico Morning Money
Gov. Mike DeWine pleads with Ohioans to wear masks, take coronavirus precautions: Capitol Letter
7/16/20, Cleveland.com
Oped: Betsy Devos’ refusal to honor student loan forgiveness shows her disrespect for the law
7/16/20, NBC Think
Fed’s corporate rescue sparks worry
7/16/20, Politico Morning Money
Will Push to Reopen Threaten Aid?
7/16/20, Inside Higher Ed
102 Groups Tell Congress: Support Public Country-by-Country Reporting
7/16/20, Global Financial Integrity
Over 100 Civil Rights Groups Tell Congress: Cancel Student Debt In Next Stimulus Bill
7/15/20, Forbes
Tepper, Einhorn, Soros Stock Holdings Would Go Dark in SEC Plan
7/14/20, Bloomberg
The Fed will consider more aid if needed as muni market begins to recover
7/14/20, The Bond Buyer
What to Know in Washington: House Packs Agenda for July Sprint
7/14/20, BGOV
Fed Pushed to Loosen Reins on Nearly Untapped Muni Program
7/14/20, Bloomberg
Amid pandemic, wealthy U.S. families approved for government loans
7/13/20, Reuters
Also appeared in: The New York Times, Nasdaq, MSN, AOL, Yahoo News, Business Insider, The Jerusalem Post, Newsmax, Political NewsLink, Investing.com, Metro US, Tech2, Cooley PubCo, Market Screener, Kitco, Union Journal, am New York, St. Louis Post-Dispatch, Cape Breton Post, WIFC, WHBL, WKZO, WTBX, WTVB, WHTC, KELO, KDAL, WNMT, KWSN, WIMZ, i92.9, WSAU
Rollback of Payday Loan Proposal Decried by Consumer Groups, Welcomed by Banks
7/8/20, Wall Street Journal
‘A grave error’: Consumer Financial Protection Bureau abandons payday loan limitations
7/8/20, ABC News
Also appeared in: KTBB, KXL, WJNT, KWLM, KBNW, KZQM, KNSS, KTIC, KNEB, Illinois News Now, WSYB, WFTL, News Channel Nebraska, KRVN, WEIS, WFIN, KTMX
Consumer Bureau Scraps Restrictions on Payday Loans
7/7/20, The New York Times
Also appeared in: The Seattle Times, Finance & Commerce
CFPB Director Urged to Resign Over New Rule Exposing Consumers to Predatory ‘Debt Traps’ in Middle of Pandemic
7/7/20, Common Dreams
Also appeared in: Salon, Raw Story
CFPB makes it official, rescinds Cordray-era limits on payday lenders
7/7/20, American Banker
Also appeared in: Credit Union Journal
Investment Firms and Real-Estate Developers Took Stimulus Loans Too
7/7/20, Wall Street Journal
Trump’s Consumer Watchdog Just Allowed Payday Lenders To Give Loans To People Who Can’t Afford Them
7/7/20, BuzzFeed News
Philly-area law firms received at least $228 million, the most of any industry for coronavirus cash
7/7/20, The Philadelphia Inquirer
ESG Reporting Considerations Amid Murky Standards
7/7/20, Law360
Protect Banking Consumers
7/6/20, Tennessee Citizen Action
Center for Responsible Lending: In Comment Letters, Advocates Slam FDIC’s Proposed Industrial Loan Company Rule as Invitation for Predatory Lending
7/3/20, Insurance News Net
Demand Progress Education Fund and AFR Education Fund Reject Recent Changes to the Libra Association’s White Paper as Insufficient
7/1/20, Common Dreams
SEC Should Mandate Disclosures on COVID-19 Risks and Responses
7/1/20, Harvard Law School Forum on Corporate Governance
Reps. Tlaib, Neguse Introduce Bill Expanding Local Government, Municipality Access to Pandemic Relief Funding
6/30/20, Rep. Rashida Tlaib
Gottheimer Bill Passes House to Create New Online Credit Portal to Protect from Fraud, Increase Transparency, Strengthen Americans’ Financial Futures
6/29/20, Insider NJ
Supreme Court Sides With Industry Seeking to Weaken CFPB
6/29/20, ValueWalk
Supreme Court Puts CFPB Director Under Trump’s Thumb
6/29/20, Common Dreams
Advocates Condemn FDIC Rule That Encourages Predatory High-Cost Loans
6/25/20, ValueWalk
Investors push stakeholder protections with shareholder resolutions
6/23/20, Impact Alpha
Unions, Activist Groups Call for Greater COVID-19 Disclosures
6/22/20, Reuters
Trump’s pick to run Manhattan U.S. attorney’s office defended prominent Wall Street firms for years
6/20/20, The Washington Post
Also appeared in: Greenwich Time, Anchorage Daily News, Connecticut Post, Connecticut NewsTimes, Fairfield Citizen (Connecticut), The Norwalk Hour, Stamford Advocate
Is the Fed’s Main Street program generous enough?
6/18/20, Politico
Has leadership vacuum hamstrung CARES Act watchdog?
6/18/20, American Banker
Also appeared in: Credit Union Journal
SEC Urged to Mandate Disclosures on COVID-19 Risks and Responses
6/18/20, LexBlog
Inside the Fight to Shape Biden’s Climate Policy
6/17/20, Apocalypse Soon
SEC Urged To Mandate Virus Disclosures From Public Cos.
6/16/20, Law360
The Fed Helped Companies Borrow Money. Some Laid Off Thousands Anyway
6/10/20, NPR
Massive bailout leaves Wall Street giant exposed to fire from all sides
6/7/20, Politico
Private equity-backed bankruptcies surged in May, but future might not be so bleak
6/5/20, PitchBook
Fed Vow Boosts Debt Binge as Borrowers Cut Thousands of Jobs
6/5/20, Bloomberg
Also appeared in: Washington Post, Yahoo Finance, SFGate, San Antonio Express News, Newsbreak, Sentinel Source, Financial Adviser, Houston Chronicle, Newsmax, Middletown Press, Register Citizen (Connecticut)
First Look: A Coalition of Consumer Advocacy Group is calling on Congress to Reject Proposals By Business And College Groups
6/4/20, Politico’s Morning Education
Wall Street giant faces bipartisan fire in running unprecedented Fed bailout
6/2/2020, Politico
Also appeared in Yahoo Finance
Major Employers Left Out of Government’s Coronavirus Relief Plan
6/2/2020, NYTimes
Also appeared in MSN, Politico
U.S. Sen. Baldwin: “With this veto, President Trump is siding with the predatory, for-profit colleges that seek to defraud our students and veterans.”
6/1/2020, WisPolitics
We Need a Public Option for Banking
6/1/2020, CounterPunch
Also appeared in The Times-Republican
Unsanitized: BlackRock Is Buyer and Seller
5/30/2020, American Prospect
How the Fed Bailed Out the Investor Class Without Spending a Cent
5/27/20, The Intercept
Also appeared in The American Prospect
OCC Pursues Weakening of CRA Despite COVID-19 Impacts
5/22/20, Valuewalk
S&P Fired Employee Who Discussed Ratings With Senate Staff
5/21/20, Wall Street Journal
Also appeared in: MarketScreener
With Wide-Ranging Support, Jayapal Introduces Paycheck Recovery Act to Keep Workers in Their Jobs, Stop Mass Unemployment, and Deliver Direct Relief to Businesses of All Sizes
5/19/20, Common Dreams
Oil volatility sparks debate on big commodities bets
5/15/20, Financial Times
The pandemic helped topple two retailers. So did private equity.
5/14/20, The New York Times
Also appeared in: Finance & Commerce, Boston Globe
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
5/13/20, Rolling Stone
Civil Society Urges the House to Prioritize Oversight over Emergency Funds
5/13/20, POGO
Occidental’s Lobbying Pays Off As It Stands to From Coronavirus Bailout
5/13/20, Global Witness
44 Washington state legislators urge state’s congressional delegation to support the Paycheck Guarantee Act as a direct way to end America’s devastating mass unemployment crisis
5/12/20, Seattle Gay News
Jobs report shows U.S. unemployment soaring to level not seen since Great Depression
5/10/20, Salon
‘Most Cataclysmic’ Jobs Report of Our Lifetime Shows US Unemployment Soaring to Level Not Seen Since Great Depression
5/8/20, Common Dreams
Liberal Groups Support Bill Banning Most M&As During Crisis
5/8/20, Law360
The Bailout Miscalculation That Could Crash the Economy
5/8/20, Taibbi Blog
Payday lenders that charge 400 percent interest want access to small-business loans
5/8/20, Washington Post
Also appeared in: SF Gate, Stars and Stripes
Centrist Democrat Backs Bailout Plan Pushed by His Private Equity Donors
5/8/20, The American Prospect
Liberal Groups Urge Federal Reserve To Block Mergers Under Coronavirus Bailout
5/7/20, HuffPost
Also appeared in: Yahoo News
How Private Equity Firms Will Profit From COVID-19
5/7/20, The American Prospect
Gottheimer Backs Bailout Plan Pushed by His Private Equity Donors
5/6/20, Sludge
U.S. Senator Dianne Feinstein Supports Bill Creating $75 Billion Fund to Prevent Evictions, Foreclosures
5/6/20, Sierra Sun Times
Decision to Block Private Equity Takeover of Dot Org a Victory for Nonprofits
5/6/20, NJ Today
First Look: Americans Support Interest Rate Caps
5/5/20, Politico
Unions call for MSRB to go further in board reform efforts
5/4/20, The Bond Buyer
Land Lease Properties Perform Well Amid the Crisis
5/4/20, National Real Estate Investor
.Org Domain Registry Sale to Ethos Capital Rejected in Stunning Victory for Public Interest Internet
5/3/20, Beachwood Reporter
Also appeared in AG-IP
Down on Main Street
5/1/20, Politico
Oil and gas companies stand to gain from Fed loosening coronavirus loan rules
5/1/20, Washington Post
Wall Street Misses Chance to Star After Chaos Snags Rescue Loans
5/1/20, Bloomberg
Also appeared in: Yahoo Finance, Washington Post
Fed’s expansion of lending program sparks oil bailout worries
Politico, 4/30/20
Trump Appointees Manipulated Agency’s Payday Lending Research, Ex-Staffer Claims
The New York Times, 4/29/20
Also appeared in: Yahoo News
Oil companies have a new lobbying target during pandemic – the Federal Reserve
Washington Post, 4/29/20
Consumer group pushes for bank dividend suspension
Dodd-Frank Update, 4/28/20
Did banks play favorites with PPP or were they just being prudent?
American Banker, 4/27/20
‘Sure, it sounds unfair. But there’s nothing illegal about it’: How residents of Quad Cities trailer parks are getting pinched by real estate empires
Dispatch-Argus, 4/24/20
Fed to Disclose Loan Amounts, Borrowers on Business Lending Programs
Wall Street Journal, 4/23/20
Fed to Name Participants in CARES Act-Backed Loan Programs
Bloomberg, 4/23/20
Also appeared in: Washington Post
Groups Ask Biden to Disclose Details of White House Transition
Bloomberg, 4/23/20
Unsanitized: The Fight to Learn Who the Fed Will Bail Out
The American Prospect, 4/23/20
Private Equity to Get Squeezed Out of Another Stimulus Package
Bloomberg, 4/23/20
Also appeared in: Yahoo Finance, Los Angeles Times
Just Say No to CUs on Any MBL Cap Changes, Bankers Tell Congress; Coalition Urges No Garnishments of Stimulus Payments
CU Today, 4/23/20
Criticism of the Libra restart is growing
ByoViral, 4/21/20
Coalition Urges Congress to Protect Stimulus Checks from Garnishments
American Banker, 4/21/20
Student loan activists call on Navient to suspend share buybacks, dividend
Philadelphia Inquirer, 4/21/20
Unsanitized — “Today I Learned,” referencing two AFR policy memos
The American Prospect, 4/18/20
The Trickle-Up Bailout
Taibbi Blog, 4/17/20
As Pandemic Rages, Trump’s CFPB Plows Ahead With Rules ‘Empowering Predatory Lenders to Rip Off Vulnerable Consumers’
Common Dream, 4/17/20
Fed’s Coronavirus Stimulus Offers Taxpayer Cash to Buyout Firm Companies
Wall Street Journal, 4/16/20
Fed’s stimulus offers relief to private equity despite critics’ objection
Pitch Book, 4/16/20
Tlaib, Jayapal Introduce Bill Providing Recurring COVID-19 Relief Payments
Black Star News, 4/16/20
Trump Treasury tells banks they can seize your $1,200 check
People’s World, 4/15/20
Unsanitized: Why Amazon May Not Emerge From the Crisis Dominant
The American Prospect, 4/14/20
Fund managers maneuver to get federal aid on payrolls
Roll Call, 4/14/20
Who’s getting these hundreds of billions in government aid? For now, the public may be in the dark
Washington Post, 4/13/20
Also appeared in: SF Gate, Charleston Gazette-Mail
New Bill Proposes Changes to FDCPA and FCRA
LexBlog, 4/13/20
We’re facing an accountability emergency. Let’s fix it before it’s too late
Washington Post, 4/10/20
Labor Unions and Small Business Advocates Applaud Jayapal’s Paycheck Guarantee Plan to Stave Off Economic Collapse
Common Dreams, 4/10/20
Powdered Sausage
Grant’s Almost Daily, 4/9/20
Fed adds Main Street business, municipal and state lending aid
Roll Cal, 4/9/20
Coronavirus slows – but doesn’t stop – agency rulemaking and adjudication
Ballotpedia News, 4/8/20
The CEOs, MBAs, and private equiteers undermining our resilience
The New Daily, 4/8/20
SEC’s Lee urges comment period extensions amid COVID-19
Corporate Secretary, 4/8/20
Do You Have to Keep Paying Your Student Loans During the Coronavirus Pandemic? It’s Complicated
Buzzfeed News, 4/6/20
Resetting the Bomb
Taibbi Blog, 4/6/20
Consumers were slammed in the Great Recession. The CFPB’s former director warns worse could be on the way
Vox, 4/6/20
COVID-19 financial warning: Consumers and banks should stay away from payday loans
Charleston Chronicle, 4/3/20
Also appeared in: Westside Gazette, The Skanner, The Miami Times, Black News Portal, Chicago Defender, Chicago Crusader, Bay State Banner, San Bernardino American Newspaper, The Louisiana Weekly
Government Doubles Interest Rate on SBA Loans After Banks Complain
Wall Street Journal, 4/2/20
‘I Feel Like I’ve Been Trapped in This Loan’: Here’s Why the COVID-19 Stimulus Package Only Helps Some Borrowers
Time, 4/2/20
Virus-bailout Watchdogs Face Immense Task With Echoes of TARP
Bloomberg, 4/2/20
Large investment companies reportedly lobbying for piece of stimulus package
New York Post, 4/2/20
Dems Want Rule Comment Periods Paused Amid Outbreak
Law360, 4/2/20
Is Cancelling Student Debt the Right Approach?
Inside Higher Ed, 4/1/20
Groups urge halt to rulemaking outside of pandemic response
Corporate Secretary, 4/1/20
Wall Street titans lobby for a cut of small business bailout
Politico, 4/1/20
Senators push Mnuchin to guarantee oversight of $500 billion coronavirus bailout fund
CNBC, 3/31/2020
How Powell and Mnuchin Became the Duo in Charge of Saving the Economy
The New York Times, 3/31/20
A Half-Dozen Groups Say Announcement by 5 Financial Regulators Will Only Push More People into Payday Loan Trap
Credit Union Times, 3/31/2020
NCUA Extends Comment Period on Bank Purchase Rules
Credit Union Times, 3/30/20
Coronavirus stimulus bill: 7 ways student loan borrowers benefit
Yahoo Finance, 3/29/20
Cuomo Puts Private Equity Vulture in Charge of Coronavirus Economic Recovery
Truthout, 3/28/20
Left Out of the Stimulus
Inside Higher Ed, 3/27/20
House votes today on $2T coronavirus rescue package
Politico, Morning Education, 3/27/2020
Members of Congress Can Once Again Urge ICANN to Save Dot Org
Electronic Frontier Foundation, 3/27/20
AFR: More Needed to Protect People from COVID-19
Insurance News Net, 3/27/20
Civil Rights and Consumer Groups Condemn “Emergency” Regulatory Guidelines that Allows Banks to Make Payday Loans
YubaNet, 3/27/20
Here’s What New Yorkers Need to Know About the $2 Trillion Coronavirus Relief Bill
Gothamist, 3/26/20
Education Department to halt collection of defaulted student loans, refund $1.8 billion
Washington Post, 3/24/2020
Fed Will Scale Back Bank Exams Amid COVID-19 Crisis
Law360, 3/24/20
HUD Must Do Much More to Protect Older Reverse Mortgage Borrowers in the Coronavirus Epidemic
Realty Biz News, 3/24/20
Public Interest Groups Call For Federal Rulemaking Freeze
Law360, 3/24/2020
House Democrats unveil bill to cancel $30,000 in student debt per borrower amid coronavirus
Yahoo Finance, 3/23/2020
Dispute Over Student Loans Helps Stall Stimulus Bill
Inside Higher Ed, 3/23/2020
Will CFPB proposal on zombie debt disclosures mislead consumers?
CreditCards.com, 3/23/20
Reps. Ilhan Omar and Ayanna Pressley Propose Massive Student Debt Relief Plan Ahead of Coronavirus-Spurred Recession
The Root, 2/23/2020
A similar article appeared in WHDH.
Trump administration lets borrowers suspend federal student loan payments
Washington Post, 3/20/20
Also appeared in the Independent Tribune
Trump suspends federal student loan payments for 60 days
Atlanta Journal Constitution, 3/20/20
Pressure mounts on Senate GOP to help state and local governments
The Bond Buyer, 3/20/2020
Senate Democrats propose bailout for student loan borrowers
Washington Post, 3/19/20
Also appeared in the Stamford Advocate
Top House Democrats Press Fed to Provide Support to Muni Market
BNN Bloomberg, 3/19/20
Also appeared in Yahoo Finance
Congress considers requiring Fed to buy muni bonds for coronavirus fight
The Bond Buyer, 3/19/20
States Need Help From the Fed This Time
Bloomberg Opinion, 3/29/2020
Now Is the Time to Cancel Student Debt
The Nation, 3/18/20
Square gains FDIC conditional approval for a banking license
Silicon Angle, 3/18/20
Trump suspends interest on all federal student loans to ease financial impact of coronavirus
The Washington Post, 3/13/2020
Also appeared in The Philadelphia Inquirer
Trump gives people with student loans a break amid coronavirus
CNBC, 3/13/2020
Trump huddles with bankers on coronavirus economic relief
The Hill, 3/11/2020
Virus could deal blow to leveraged loans. What’s that mean for banks?
American Banker, 3/11/2020
Four months, $1bn… and ICANN still hasn’t decided whether to approve .org sale with just 11 days left to go
The Register, 3/10/2020
Art Van Furniture files for Chapter 11 bankruptcy, could still face liquidation
Detroit Free Press, 3/9/2020
Financial System Faces Biggest Test Since 2008 as Coronavirus Spreads
The New York Times, 3/9/2020
Also appeared in The Shelton (Connecticut) Herald and The Honolulu Star-Advertiser
CFPB Unveils Whistleblower Award Plans, Guidance Program
Law 360, 3/6/2020
Private equity firms are increasingly buying up doctors’ offices. What does that mean for doctors — or for patients?
STAT News, 3/6/2020
Will the U.S. ever enact a national rate cap?
American Banker, 3/5/2020
Pushback on BPI Proposals
Politico’s Morning Money, 3/3/2020
Commentary: .ORG Still Wouldn’t Be Safe
The Non Profit Times, 2/27/2020
Zombie Debt
Scripps National News, 2/27/2020
Aired in 17 cities around the country.
The for-profit takeover of the non-profit ‘.org’ top-level domain
ZDNet, 2/26/2020
Zombie debt: CFPB proposal could trick consumers into bringing dead debts back to life
The Washington Post, 2/25/2020
Also appeared in The Seattle Times, The (suburban Chicago) Daily Herald, and The Northwest Arkansas Democrat-Gazette.
Similar articles appeared in Wonkette and PYMNTS.com
CRA overhaul plan finds few supporters on any side
BankingDive, 2/24/2020
Ethos Capital Adds New Initiatives to the Proposed .ORG Sale
NonProfitPro, 2/24/2020
Many Candidates Change Positions Over Time. Mike Bloomberg Did It Almost Overnight.
The Huffington Post, 2/21/2020
Bloomberg’s views on redlining could remain an issue for black voters
The Washington Post, 2/20/2020
Bloomberg Financial Proposals Would Stiffen Wall Street Oversight
The Wall Street Journal, 2/19/2020
Bloomberg criticized redlining reforms. Critics say it’s more evidence he’s a Wall Street defender
The Washington Post, 2/18/2020
Rep. Tom Emmer on the rise in Washington and winning friends on Wall Street
Minnesota Reformer, 2/13/2020
‘Super-swampy’: Kelly Loeffler faces tricky ethical dilemma as senator
Atlanta Journal-Constitution, 2/8/2020
Also appeared in The Bakersfield Californian.
Build a Fairer Economy
Alexis Goldstein, The Progressive, 2/7/2020
Hold Wall Street Accountable
The Progressive, 2/7/2020
Sewell votes to overhaul credit reporting system
Alabama Political Reporter, 2/4/2020
Green America: 18,000 Signatures Delivered Urging SEC Not to Muzzle Voice of Shareholders
Yahoo Finance, 2/4/2020
Similar stories appeared in ThinkAdvisor, Financial Advisor, WealthManagement.com, and ValueWalk.
O-Zone Benefits for Local Residents Still Lacking Under Final Regs
Tax Notes, 2/3/2020
CFPB Names Ex-BigLaw, DOJ Atty As New Enforcement Head
Law360, 1/31/2020
Do Centrist Democratic Candidates Really Want to Rein in Wall Street?
Capital & Main, 1/28/2020
Also appeared in Newsweek and Fast Company
Wall Street Venture-Fund Curbs to Be Eased in Volcker Revamp
Bloomberg, 1/27/2020
Also appeared in The Boston Globe, The San Francisco Chronicle, and the Northwest Arkansas Democrat-Gazette
Why Private Equity Keeps Wrecking Retail Chains Like Fairway
Slate, 1/26/2020
U.S. consumer watchdog curtails its power to pursue ‘abusive’ behavior
Reuters, 1/24/2020
Also appeared in The New York Times
New This A.M. On OCC Rule
Politico Morning Money, 1/22/2020
‘Revolving Door’ Between Audit Firms and PCAOB Under Scrutiny
AgendaWeek (Financial Times publication), 1/17/2020
Elizabeth Warren wants to cancel student debt — without Congress. Can she do that?
NBCNews.com, 1/14/2020
The fight to protect consumers, at a crossroads
The New York Daily News, 1/14/2020
Blackstone-KKR Hidden Hand in Ad Blitz Unleashes Washington Fury
Bloomberg, 1/8/2020
What an Elizabeth Warren Presidency Would Look Like
In These Times, 1/7/2020
What is private equity, and why is it killing everything you love?
Vox, 1/6/2020
The Price Ain’t Right: A Private Equity Quiz
Capital & Main, 1/5/2020