Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Victory! Rule Protecting Twenty-Three Million Prepaid Cardholders Survives Attempted Repeal
Perdue took $33,000 from a predatory prepaid card company, pushed bill to save it $80 million.
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Prepaid Rule Stands? Perdue’s Office Confirms Vote Repealing Prepaid Card Protections Unlikely
Looks like 23 million prepaid cardholders could be protected after all.
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Trump Administration Colluding with Congress to Hide Emails?
Scandal continues to grow over communications between executive agencies and powerful members of Congress.
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Consumerist: As Congress Preps To Scrap Prepaid Card Protections, Lawsuit Seeks Release Of Emails Between Lawmakers & Lobbyists
The Freedom Of Information Act lawsuit filed today by advocacy group Allied Progress asks a federal court in D.C. to compel the CFPB to turn over communications involving the pending prepaid card rules.
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Consumerist: ‘Financial CHOICE Act 2.0’ Blasted By Retailers & Lawmakers
Rep. Hensarling has accepted at least $7.38 million from companies regulated by the CFPB, according to Allied Progress.
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What’s Hensarling Hiding? Powerful Chairman Pushing Treasury Secretary Mnuchin to Skirt Open Records Laws
Wall Street-backed Congressman pushes Foreclosure King and Treasury Secretary Steve Mnuchin to skirt open records laws.
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Compliance Week: Dodd-Frank Dismantling Passes First Big Legislative Hurdle
Allied Progress questioned the money behind the rulemaking. Republican members of the committee have received at least $32,211,535 from the financial industry, it said.
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Huffington Post: Next On The Chopping Block For House Republicans: Post-Crisis Bank Regulations
Allied Progress said the bill is so extreme it even erases protections that predate the financial crisis, allowing Wall Street and predatory lenders to once again prey on consumers without repercussion.
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Committee GOP Takes $32 Million from Financial Industry, Passes Hensarling’s Wall Street Giveaway “Financial CHOICE Act”
Key committee approves bill to gut consumer protections from Wall Street fraud and recklessness.
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“Financial Choice Act” Is a Wall Street Giveaway and the Wrong Choice for Working Families
“Hensarling’s ‘Financial CHOICE Act’ is the wrong choice for America’s working families,” says Karl Frisch of Allied Progress.