Political Economy Archive: Consumer Financial Protection Bureau
New studies show changes to credit cards after landmark law
One year after sweeping reforms of the credit card industry took effect, two new government surveys released Tuesday found that card issuers have largely stopped hiking interest rates on customers' existing balances, reduced penalty fees and all but eliminated overlimit...
By
Ylan Mui
| February 22, 2011; 7:00 AM ET |
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Consumer Financial Protection Bureau, Federal Reserve, Regulation
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New consumer protection bureau headquarters to be across from White House
The Treasury Department announced on Friday that the headquarters of the soon-to-be-live Consumer Financial Protection Bureau will be just across from the White House complex, at 1700 G Street, NW (in the building currently occupied by the Office of Thrift...
By
Ariana Eunjung Cha
| February 18, 2011; 3:22 PM ET |
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Consumer Financial Protection Bureau
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Warren slams opponents of new consumer bureau for trying to 'chip away at its independence'
White House advisor Elizabeth Warren on Tuesday accused critics of the new Consumer Financial Protection Bureau for "trying to chip away at its independence" by subjecting it entirely to Congressional appropriations. "Politicizing the funding of bank supervision would be a dangerous precedent," Warren, a Harvard professor who is charged with setting up the new agency, said in prepared remarks to be delivered this afternoon to members o the Consumers Union. Warren said that the CFPB, which was set up to make sure things like credit agreements and other financial products are regulated in a way that protects consumers, would effectively be deprived of the funds it needs to keep large banks in check.
By
Ariana Eunjung Cha
| February 15, 2011; 3:00 PM ET |
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Consumer Financial Protection Bureau, White House
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Elizabeth Warren considering Martha Coakley, other state AGs for consumer protection job?
Elizabeth Warren had discussions with four Democratic state attorneys general about the director's job for the new U.S. Consumer Financial Protection Bureau, according to Bloomberg. Among those who had meetings with Warren about the position are: Tom Miller of Iowa, Lisa Madigan of Illinois, Roy Cooper of North Carolina and Martha Coakley of Massachusetts.
By
Ariana Eunjung Cha
| January 28, 2011; 12:54 PM ET |
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Consumer Financial Protection Bureau
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Warren extends olive branch to bankers
U.S. Treasury Secretary Timothy Geithner listens to Elizabeth Warren, assistant to President Barack Obama and special adviser to Geithner on consumer protection issues, speak at a conference on mortgage disclosure last week. (Photo Credit: Jay Mallin/Bloomberg) By Brady Dennis...
By
Brady Dennis
| September 29, 2010; 9:01 PM ET |
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*Economic agenda, Consumer Financial Protection Bureau, Financial regulation
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Q&A: FTC consumer protection chief on new consumer financial protection bureau
With the new Consumer Financial Protection Bureau overseen by White House consumer czar Elizabeth Warren set to be up and running by July 2011, how will the FTC's role evolve? David Vladeck, director for the FTC's Bureau of Consumer Protection, discussed how responsibilities for protection consumers will change in the months ahead.
By
Ariana Eunjung Cha
| September 20, 2010; 6:00 AM ET |
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Categories:
Consumer Financial Protection Bureau, Federal Trade Commission
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