Student Loan Borrowers Lose an Advocate at Consumer Financial Protection Bureau

Ilana Novick Aug 27, 2018 Seth Frotman, in a scathing resignation letter to acting director Mick Mulvaney, says the agency “has turned its back on young people and their financial futures." Dig deeper ( 3 Min. Read )

Loan Scandal Costs Wells Fargo $1 Billion; None of Fine Goes to Victims

KEN SWEET / The Associated Press Apr 20, 2018 The banking giant will pay $500 million to the U.S. Treasury and $500 million to the Consumer Financial Protection Bureau's civil penalties fund. Dig deeper ( 3 Min. Read )

New Banking Bill Could Lead to More Housing Discrimination

Eric Ortiz / Truthdig Mar 13, 2018 Tim Kaine, Mark Warner and 10 other Democratic senators are backing Republican reform legislation that helps Wall Street and hurts Main Street. Dig deeper ( 3 Min. Read )

The Hamstringing of a Consumer Protection Agency

Jesse Eisinger / ProPublica Feb 16, 2018 The Consumer Financial Protection Bureau has quickly been subsumed into the Trump administration, and banks, student-loan agencies and payday lenders are the winners. Dig deeper ( 9 Min. Read )

The Swamp Fighters: A Report From Behind the Lines

John Light and Susannah Jacob / Moyers and Company Dec 4, 2017 Dennis Kelleher, founder of Better Markets, talks about the nonprofit organization's effort to protect the public interest on Wall Street. Dig deeper ( 11 Min. Read )

Who’s the Boss at the Consumer Financial Protection Bureau?

Bernard Condon / The Associated Press Nov 25, 2017 The departing head of the government agency appoints a deputy to temporarily fill his spot, but the White House then names its own interim leader. Dig deeper ( 4 Min. Read )

A Federal Regulator Probes Wells Fargo’s Mortgage Practices

By Jesse Eisinger / ProPublica Jun 7, 2017 The Consumer Financial Protection Bureau is following up on reports that the scandal-ridden bank improperly charged customers from Los Angeles to Oregon. Dig deeper ( 3 Min. Read )

Wells Fargo Directors Face Wrath for Complicity in Bank Corruption

By Lauren McCauley / Common Dreams Apr 26, 2017 Protesters on Tuesday registered their displeasure with the megabank's leadership at the Florida site of Wells Fargo's annual shareholder meeting. Dig deeper ( 4 Min. Read )

Republicans Launch Bicameral Salvos Against Wall Street Watchdog

Staff / Truthdig Feb 16, 2017 Legislation introduced by Sen. Ted Cruz and Rep. John Ratcliffe would kill the Consumer Financial Protection Bureau. Dig deeper ( 2 Min. Read )

Ruling Against Wall Street Watchdog Decried as ‘Reckless and Partisan’

By Deirdre Fulton / Common Dreams Oct 12, 2016 A three-judge panel said Tuesday that the Consumer Financial Protection Bureau, brainchild of Sen. Elizabeth Warren, has an unconstitutional structure. Dig deeper ( 3 Min. Read )

Truthdigger of the Week: Elizabeth Warren

Alexander Reed Kelly / Truthdig Feb 17, 2013 At a Senate hearing Thursday, Elizabeth Warren exposed and shamed regulators for failing to prosecute banks that played a leading role in the financial crisis. Dig deeper ( 3 Min. Read )

Consumer Agency Puts Debt, Credit Companies on Notice

Staff / Truthdig Feb 16, 2012 The Consumer Financial Protection Bureau may not be popular with some conservatives, but the CFPB and its stealthily appointed Director Richard Cordray are here to stay, and the watchdog agency is kicking into action by making debt collectors and credit rating companies accountable for their actions. Dig deeper ( 1 Min. Read )