Category: Financial Reform
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The Time Is Now to Stand Up for the CFPB
The Los Angeles City Attorney says the Consumer Financial Protection Bureau was key to holding Wells Fargo accountable during the bank\’s massive fake accounts scandal. Now is the time to stand up to the GOP\’s assault against the agency.
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Elizabeth Warren Launches Take On Wall Street Campaign
Sen. Elizabeth Warren explains in this video taken at the launch of the \”Take On Wall Street\” campaign why we need a new level of financial reform to finish the work of the Dodd-Frank bill.
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The New Agenda For Taking On Wall Street
More than 20 progressive organizations representing millions of voters starting Tuesday are putting their weight behind a five-point agenda for the next stage of Wall Street reform.
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Finally, Justice For Consumers Wronged By Banks Is Within Reach
A new regulation proposed by the Consumer Financial Protection Bureau restores the right of banking and credit card customers to have their day in court and hold companies accountable for their wrongdoing.
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Panama Papers Controversy Offers An Opportunity To Push For Transparency
The disclosure of records from Panama\’s Mossack Fonesca offers a wider view into the world of shadowy shell companies used by the wealthy to hide wealth. Legislation awaits action in Congress that would help address this issue.
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Pushback Against DNC Chair\’s Shilling For Payday Lenders
Debbie Wasserman Schultz\’s advocacy for payday lenders forces a defining question for fellow Democrats: Are you with the financial superpredators that besiege poor communities or with people trying to bring them to heel?
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Whistleblowers Challenge Candidates: Stand Against Wall Street Fraud
A new organization, Bank Whistleblowers United, calls on candidates to not take contributions from financial companies that have engaged in fraud and to commit to a set of actions that will \”restore the rule of law\” on Wall Street.
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House Republicans\’ Latest Attack Against the Financial Protection Bureau
The driving motivation of a bill with the innocuous title of the \”\”Financial Product Safety Commission Act\” is not \”financial product safety,\” but the crippling of the Consumer Financial Protection Bureau.
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Tell Obama and Congress to Stop the Squeeze on Greece
A petition launched today calls on President Obama and Congress to urge the European Central Bank to support the Greek banking system while negotiations continue toward \”a fair agreement\” for the Greek people.
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Postal Banking Idea Wins Support From Postal Service Inspector General
An Inspector General\’s report outlines how post officies could provide essential services to some 68 million Americans who don\’t have a bank account or depend on check-cashing and payday lending outfits.