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30 Jan 2012, 8:55 pm
Specifically, the author analyzes the problem of system-wide risks and the underlying strategic tension between regulated firms and such new regulating agencies as the Consumer Financial Protection Bureau and the Financial Stability Oversight Council. [read post]
30 Jan 2012, 11:41 am
Mike Lee’s recent comments that he planned to stall all of the president’s nominations because of his recess appointments of Richard Cordray to lead the Consumer Financial Protection Bureau and three members to the National Labor Relations Board. [read post]
30 Jan 2012, 7:00 am
. “GOP lawmakers are still steaming over the White House decision to ignore brief pro forma Senate sessions to single-handedly name three members to the National Labor Relations Board and Richard Cordray as the director of the Consumer Financial Protection Bureau. [read post]
29 Jan 2012, 12:37 pm
" But because Senator Wicker joined the Republican letter refusing to confirm any nominee to the directorship of the Consumer Financial Protection Bureau unless structural changes were made in the Bureau, we can infer that he doesn't think it's an affront to the democratic checks and balances established by our Founders for senators to refuse to confirm a nominee for a position that Congress has created because of reasons that have nothing… [read post]
27 Jan 2012, 6:40 am
One report we read said interest rates were as high as 521% We have written about consumer advocate and Harvard Law Professor Elizabeth Warren in the context of bankruptcy news and as the founder and initial leader of the Consumer Financial Protection Bureau, however, now that she has become a candidate for the United States Senate for Massachusetts, we will refocus our energies on the CFPB and it's new Chief, Richard Cordray. [read post]
27 Jan 2012, 3:19 am
Stay tuned for more blogs on Internet Privacy since it is core to business and consumer utilization of the Internet. [read post]
27 Jan 2012, 2:00 am
Patrick McHenry (R-NC), where he shared his vision for the new Consumer Financial Protection Bureau. 5) The CorporateCounsel.net: UK Looks to Dramatically Overhaul Executive Pay: Binding Say-on-Pay for Starters – A quick post about revisions in the UK regarding executive compensation laws to rein in excessive pay. [read post]
26 Jan 2012, 3:19 pm
Mark Perry pointed out that the Consumer Financial Protection Bureau will have the power to bar the use of arbitration clauses by lenders within its jurisdiction, and that the NLRB has recently ruled that it is an unfair labor practice for employers to ban class arbitrations (this is on appeal). [read post]
26 Jan 2012, 9:55 am
To be sure, regulatory bodies that admit lawyers to practice must protect consumers of legal services. [read post]
25 Jan 2012, 7:25 am
” Daniels criticized President Obama and Democrats for assuming that without government’s “benevolent protection” citizens would “pick the wrong health insurance, the wrong mortgage…and the wrong light bulb,” an apparent jab at the Affordable Care Act, the Consumer Financial Protection Bureau created by the Dodd-Frank Act, and the phaseout of incandescent lightbulbs called for by the Energy… [read post]
24 Jan 2012, 10:53 am
Director Richard Cordray’s vision is that the new Consumer Financial Protection Bureau will make consumer financial markets operate fairly in order to protect consumers, support honest businesses, and play a crucial role in helping to safeguard the overall economy. [read post]
23 Jan 2012, 9:31 am
Recently, while Congress was not in session, President Obama appointed Richard Cordray as Director of the newly formed Consumer Financial Protection Bureau (CFPB). [read post]
23 Jan 2012, 9:10 am
.), which claims that Obama’s appointments to the NLRB as well as to the Consumer Financial Protection Bureau on January 4 were unconstitutional because they were made “during a period when no recess of the Congress for a period of more than three days was authorized by concurrent resolution. [read post]
23 Jan 2012, 5:10 am
She reminds us that the Dodd-Frank financial reform legislation requires the new Consumer Financial Protection Bureau to study arbitration. [read post]
22 Jan 2012, 9:02 pm
The Consumer Financial Protection Bureau’s bailiwick includes the authority to write rules that would further the purposes of the Fair Credit Reporting Act. [read post]
22 Jan 2012, 3:53 pm
Along with creating so-called moral hazard, the step may also tighten lending by forcing banks to offer “price protection” to borrowers, he said. [read post]
20 Jan 2012, 12:49 pm
The Consumer Financial Protection Bureau (CFPB) recently published its Examination Procedures for Mortgage Origination, which will serve as a guide for examinations of mortgage loan origination practices by banks and nonbanks. [read post]
20 Jan 2012, 8:53 am
The federal Consumer Financial Protection Bureau (the Bureau) was created by 2010’s massive Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) and officially “opened for business”—at least in part—on July 21, 2011. [read post]
20 Jan 2012, 1:04 am
Statements may be registered with the state's consumer protection bureau and also as well as the local chamber of commerce. [read post]
19 Jan 2012, 8:51 pm
One new step they can take is to file a complaint with the new federal Consumer Finance Protection Bureau. [read post]
