Credit card rates have soared to record levels, draining household budgets and padding bank profits. Laissez-faire policies aren’t protecting consumers.
CFPB
Posted inLaw and Justice
Another Supreme Court Blow for Autocracy?
Its order allowing Trump temporarily to oust two tenure-protected officials bodes ill for agency independence.
Posted inPolitical Animal
Senator Warren Is Demonstrating How to Make Capitalism Work
She is playing to the same strength that led her to create the Consumer Financial Protection Bureau.
Posted inPolitical Animal
Mick Mulvaney Said the Quiet Parts Out Loud
He just told bankers that the way to promote their agenda is to give money to members of Congress.
Posted inPolitical Animal
Where Did All the Populism Go?
If voting to water down the regulation of banks is how Democrats win in red states, then the populism of 2016 is truly dead.
Posted inPolitical Animal
Why the Trump Administration Wants to Destroy the CFPB
The success of the CFPB and its independence pose a threat to Wall Street abuses.
Posted inPolitical Animal
DeVos Opens the Door to Fraud and Abuse in Student Loans
Her actions are not only heartless, they are bad economics.
Posted inEconomy
The CFPB Is Making Government More Accountable. The GOP Wants to Stop It.
The Financial CHOICE Act would remove the Consumer Financial Protection Bureau’s widely popular consumer complaints database from public view.
Posted inBooks, Magazine, March/April/May 2017
Making Nice With the Loan Sharks
Payday lenders thrive because big banks won’t serve the poor, but that doesn’t excuse their predatory practices.
