In a press release, the mid-sized California bank says the bill succeeded in standing up for Main Street banks: “Washington policymakers understood the difference between Wall Street and Main Street banking when they included important concessions for community banks in the new Wall Street Reform
Full implementation of the Dodd/Frank financial reform bill will create a dramatically fairer mortgage market Washington, DC – Until now it has been standard practice for many brokers and lenders to get kickbacks for putting borrowers in more expensive loans; the rules of the game
In response to last week’s New York Times article “Reap What You Swap” by Minnesota farmer Betty Jensen, IATP wrote a letter to the NYT that has not yet been published. IATP communications director Ben Lilliston wrote a blog about the article and related Wall
Dr. Phil has announced his support for Elizabeth Warren as the first director of the Consumer Financial Protection Agency. Dr. Phil has worked with Elizabeth Warren in the past, and believes that she is the right person to serve as the sheriff of Wall Street
Our friends at Consumer Action have put together a handy fact sheet about the key elements of the new financial reform legislation. Click here to read the fact sheet (pdf) and learn about what the new law will do regarding the Consumer Financial Protection Bureau,
Washington, DC – As of yesterday, banks and credit unions can no longer automatically charge debit card or ATM overdraft fees averaging $34 a piece. But if their deceptive marketing efforts can convince you to check a box or “sign on the dotted line,” they
Our favorite candidate to lead the CFPA, Elizabeth Warren, is the subject of a new rap video supporting her nomination. The video comes courtesy of our friends at the Main Street Brigade. Want to show your support for Elizabeth Warren? Take a look at this
Click here for a pdf version of this letter. August 9, 2010 Dear Mr. President: The undersigned civil and human rights organizations urge you to nominate Elizabeth Warren to serve as the first director of the Consumer Financial Protection Bureau (CFPB). Professor Warren will serve
Senator Cantwell and Senator Murray support Elizabeth Warren to lead the CFPB, according to this article by the Seattle Pi website. Saying its director should be “independent” and an “outsider,” Sens. Patty Murray and Maria Cantwell, D-Wash., are backing Harvard Law bankruptcy expert Elizabeth Warren