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Read all posts tagged Financial Reform
Posted byon January 10, 2013 at 1:13 PM EDT
The Director of the Consumer Financial Protection Bureau explains the new Ability-to-Repay rule for mortgages. To put it simply: lenders should not set up consumers to fail.
Posted byon October 27, 2012 at 5:30 AM EDT
In this week’s address, President Obama highlights the work of the new independent consumer watchdog he fought to create.
Posted byon July 23, 2012 at 12:38 PM EDT
As a result of enforcement action by the CFPB, Capital One Bank must refund $140 million to 2 million customers who were pressured or misled into paying for “add-on products” such as payment protection and credit monitoring when they activated their credit cards.
Posted byon July 21, 2012 at 3:06 PM EDT
Two years ago today, President Obama signed into law Wall Street reform that put in place smarter, tougher, commonsense rules of the road and the strongest consumer protections in history.
Posted byon July 19, 2012 at 3:40 PM EDT
Two years ago this week, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act -- the most significant set of financial reforms since the Great Depression.
Posted byon July 17, 2012 at 4:57 PM EDT
The Consumer Financial Protection Bureau today posted a list of consumer reporting companies – companies that collect information and write reports that could be used to decide if you will be able to get credit, insurance, or a job. Learn how you can find out what they are saying about you
Posted byon May 19, 2012 at 5:30 AM EDT
President Obama discusses the reforms to Wall Street that he put in place to protect consumers and make Wall Street play by the same set of rules -- and calls on lawmakers to finish implementing these reforms so that we can prevent excessive risk-taking and help create an economy that is built to last.
Posted byon April 26, 2012 at 3:38 PM EDT
In Iowa, President Obama tells students, "You are the economy."
Posted byon April 3, 2012 at 2:07 PM EDT
The President’s approach to reducing our deficit is a balanced approach that asks the wealthiest to pay their fair share, achieves significant health savings and enacts sensible spending cuts while making the investments we need to have a strong middle class.
Posted byon March 30, 2012 at 3:20 PM EDT
State treasurers gather at the White House to discuss the economic recovery.