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Tag Archives: Consumer Protection

Bankers making turkeys out of taxpayers

The nation’s bankers have much to be thankful for as they sit down to their turkey dinners on Thursday.
At this time last year, the American financial system was near collapse, rescued only by hundreds of billions of taxpayer dollars. Now the system has stabilized, and the industry is on the verge of a coup that [...]

Banks fight to kill proposed consumer protection agency

If you doubt that U.S. banks long to return to the days of impotent regulation, you need only look at one of the financial sector’s top legislative priorities: killing a proposed new agency that would be dedicated solely to protecting consumers’ financial interests.
The Obama administration is asking Congress to create a new Consumer Financial Protection [...]