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The Shelby cobra: Fast and loose with the Constitution
The Constitution (Article II, Sec. 2) provides that high-ranking public officials be selected by the president and assume office after the president seeks the “advice and consent” of the Senate. When...
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Republicans do not have the power to block an Elizabeth Warren recess...
If you’re following the story of whether President Obama will nominate Elizabeth Warren to head the Consumer Financial Protection Bureau (CFPB), you’ve probably heard that the Republicans found a way...
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Sad realities illustrate dire importance of Consumer Financial Protection Bureau
By Heather Arkwright, Public Citizen communications intern. With the one-year anniversary of the Dodd-Frank financial reform law coming up next week, it is imperative that the Obama administration kick...
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Wall Street torpedoes Warren appointment; Senate should confirm Obama pick...
Elizabeth Warren was the obvious best choice to run the Consumer Financial Protection Bureau (CFPB). Wall Street and the Big Banks did not want her to get the job. President Barack Obama decided to...
View ArticleConfirm Richard Cordray
Last week, President Obama nominated Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB). It is disappointing that the president didn’t pick Elizabeth Warren. But it is heartening...
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THIS WEEK: “Regulatory uncertainty?!”, Frackaholics Annonymous, FDA testimony...
Today, Public Citizen’s attention is on Congress as Obama’s pick for the Consumer Financial Protection Bureau (CFPB) Richard Cordray is questioned by confirmation hearing before the Senate Banking...
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CFPB Public Credit Card Complaint Database Constitutes Modest Advance
Today, the Consumer Financial Protection Bureau (CFPB) launched a public Consumer Complaint Database on credit cards. The CFPB also released a snapshot of the complaints it has received on credit...
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Pew survey confirms banks use checking account terms to limit customer rights
Pew Charitable Trusts released a new survey on the prevalence of binding mandatory (or “forced”) arbitration in consumer checking account contracts. As we’ve long expressed, forced arbitration is a...
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Student loans and forced arbitration
Student loan borrower who alleged interest-rate scheme will not get his day in court: Only arbitration provider picked by the company can decide the fairness of the arbitration Student loan borrower...
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Sen. Elizabeth Warren vs. GOP obstruction
Elizabeth Warren speaks at Public Citizen at an event last fall Some Republicans seem genuinely to adore Consumer Financial Protection Bureau Director Richard Cordray. “I think you have done a...
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Cordray confirmation another victory for Public Citizen’s consumer protection...
Richard Cordray, director of the Consumer Financial Protection Bureau This week, the Senate finally confirmed Richard Cordray as director of the Consumer Financial Protection Bureau. It’s a victory...
View ArticleMountain of Evidence: Consumers, Employees and Even Small Businesses Are...
Follow @chrhines on Twitter Recently, the Senate Judiciary Committee held a hearing titled “The Federal Arbitration Act and Access to Justice: Will Recent Supreme Court Decisions Undermine the Rights...
View ArticleThe Consumer Financial Protection Bureau is Under Attack
During last week’s Republican debate on FOX Business, an ad paid for by the American Action Network (AAN) depicted Consumer Financial Protection Bureau (CFPB) workers robotically denying personal loans...
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Wall Street torpedoes Warren appointment; Senate should confirm Obama pick...
Elizabeth Warren was the obvious best choice to run the Consumer Financial Protection Bureau (CFPB). Wall Street and the Big Banks did not want her to get the job. President Barack Obama decided to...
View ArticleConfirm Richard Cordray
Last week, President Obama nominated Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB). It is disappointing that the president didn’t pick Elizabeth Warren. But it is heartening...
View ArticleClik here to view.
THIS WEEK: “Regulatory uncertainty?!”, Frackaholics Annonymous, FDA testimony...
Today, Public Citizen’s attention is on Congress as Obama’s pick for the Consumer Financial Protection Bureau (CFPB) Richard Cordray is questioned by confirmation hearing before the Senate Banking...
View ArticleClik here to view.
CFPB Public Credit Card Complaint Database Constitutes Modest Advance
Today, the Consumer Financial Protection Bureau (CFPB) launched a public Consumer Complaint Database on credit cards. The CFPB also released a snapshot of the complaints it has received on credit...
View ArticleClik here to view.
Pew survey confirms banks use checking account terms to limit customer rights
Pew Charitable Trusts released a new survey on the prevalence of binding mandatory (or “forced”) arbitration in consumer checking account contracts. As we’ve long expressed, forced arbitration is a...
View ArticleClik here to view.
Student loans and forced arbitration
Student loan borrower who alleged interest-rate scheme will not get his day in court: Only arbitration provider picked by the company can decide the fairness of the arbitration Student loan borrower...
View ArticleClik here to view.
Sen. Elizabeth Warren vs. GOP obstruction
Elizabeth Warren speaks at Public Citizen at an event last fall Some Republicans seem genuinely to adore Consumer Financial Protection Bureau Director Richard Cordray. “I think you have done a...
View Article
