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Tag: Consumer Financial Protection Bureau

pothole

CFPB Now Regulating Potholes

This foray into the potholes and backroads of Tennessee is a new area of regulatory control, even for the CFPB. But, as American Banker reported, Congress granted the CFPB the authority to do so in an obscure passage of the Consumer Financial Protection Act of 2010, known more commonly as the Dodd-Frank Act.

AP Photo/Charles Dharapak

The Real Elizabeth Warren Stands up to Trash Wall Street

Senator Elizabeth Warren (D-Mass) has not commanded much public attention since Hillary Clinton started channeling Warren’s book, Fighting Chance, which claims the “system is rigged” against the middle class because it is controlled by and for the elites who tilt the game in their favor. But in a bold effort to take all the oxygen out of the Clinton campaign, Senator Warren (D-Mass.) laid out a bare-knuckles legislative road map on Wednesday to kick Wall Street in the teeth.

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Obama: GOP Budget Doesn’t Protect Americans’ Paychecks

President Obama attacked the GOP budget for weakening financial regulation that is key to “protecting working Americans’ paychecks” during Saturday’s weekly address. Transcript as Follows: “Hi, everybody.  Five years ago, after the worst financial crisis in decades, we passed historic