President Obama gave a pep talk Friday to the staff of the Consumer Financial Protection Bureau -- including the new director he controversially appointed this week.
Republican presidential candidate Newt Gingrich told The Jewish Channel that the Palestinians are an "invented" people.
President Obama is pretty much doomed to a director-less Consumer Financial Protection Bureau through next year.
President Obama's nominee to run the Consumer Financial Protection Bureau got a hearing on Tuesday, but that may be all he gets.
It's time for Elizabeth Warren to say goodbye to the Consumer Financial Protection Bureau, the consumer agency she spent nearly a year creating.
While President Barack Obama battles with Republicans and Democrats over raising the debt ceiling, Americans should be preparing themselves to take on the shady special interests and the members of Congress who carry their water in their effort to scuttle the Consumer Financial Protection Bureau.
President Obama appoints Richard Cordray as Consumer Protection Bureau chief.
President Obama nominated Richard Cordray on Monday to head the new Consumer Financial Protection Bureau, an independent agency set to launch on Thursday.
President Barack Obama is expected to nominate Richard Cordray to head the new Consumer Financial Protection Bureau on Monday.
President Barack Obama on Monday will nominate Richard Cordray to head the new Consumer Financial Protection Bureau, the White House announced Sunday.
Elizabeth Warren faced another round of tough questioning about the consumer financial protection bureau at a House hearing on Thursday, her third trip to Capitol Hill this year.
With a week to go before the new consumer bureau takes off, the White House has yet to appoint its director -- an omission bound to attract criticism when House Republicans grill Elizabeth Warren at a Thursday hearing.
There's a myth in Washington that -- come its July 21 launch date -- the consumer financial protection bureau created by the Wall Street reform law has to sit on its hands without a Senate-confirmed director.
Treasury Secretary Tim Geithner called out Wall Street and lawmakers on Monday for trying to undermine last year's landmark financial reform law.
House Democrats are calling on President Obama to appoint Elizabeth Warren to run the Consumer Financial Protection Bureau during the next Senate recess.
White House adviser Elizabeth Warren's reward for dealing with a cantankerous House committee last week: Another even longer day with many of the same congressmen.
Republicans attacked Elizabeth Warren -- the Obama administration adviser working to set up a consumer financial protection bureau -- at a House hearing Tuesday, questioning her veracity in two separate instances.
White House adviser Elizabeth Warren returns to Capitol Hill on Tuesday to defend the new Consumer Financial Protection Bureau against Republicans who want to curb and control the agency's powers.
How do you know if the mortgage you're eyeing is a rip-off? You'll soon be able to find out by looking at the first -- and only -- page of your mortgage disclosure.
A Senate Republican vow to block any nominee to lead the new Consumer Financial Protection Bureau gives President Obama no choice but to appoint a head of that agency during congressional recess, a top House Democrat said Wednesday.
Republican senators have fired another broadside at the Consumer Financial Protection Bureau, vowing to block the nomination of any candidate to lead the watchdog agency without major structural reforms.
Using a familiar, friendly forum, White House adviser Elizabeth Warren went on "The Daily Show with Jon Stewart" to criticize a congressional effort to delay and weaken the consumer bureau created by Wall Street reform.
Elizabeth Warren is not standing down as she fights for her pet project, the new Consumer Financial Protection Bureau, to live on as a fledgling governmental agency.
House Republicans on Wednesday detailed a new barrage of legislative measures they plan to pursue that would dilute, delay and curtail powers of the new Consumer Financial Protection Bureau (CFPB).
Elizabeth Warren extended an olive branch Wednesday to the group that has been her arch-nemesis in creating a new consumer financial protection bureau.
House Republicans got their first chance Wednesday to grill White House adviser Elizabeth Warren about the new Consumer Financial Protection Bureau (CFPB), taking a first step in a campaign aimed at gutting, curbing or controlling the new agency.
As Treasury gets the new consumer financial protection bureau up and running, big business groups released a wish list Tuesday for what they think the new agency should do.
House Republicans calling for smaller government and less spending have a big new target: the Consumer Financial Protection Bureau.
White House official Elizabeth Warren, best known for her outspoken criticism of the banking industry, praised that same group during a Tuesday conference on the one-year anniversary of the credit card laws.
The new Consumer Financial Protection Bureau can't begin flexing its rule-writing muscle, cracking down on things such as tough-to-understand mortgages, until it gets a Senate-confirmed director.
Elizabeth Warren, the newly appointed adviser to help get the Consumer Financial Protection bureau up and running, says consolidation of financial regulation will be beneficial to both banks and their customers.
Elizabeth Warren told CNN's John King on Friday that she is eager to begin setting up the nation's first consumer financial protection bureau, but she stopped short of confirming that she will eventually be put in charge of the agency that was her brainchild.
President Obama announced Friday that he's appointing Harvard law professor Elizabeth Warren to a key role crafting the consumer financial protection bureau that was her idea in the first place.
With Elizabeth Warren as an adviser, the new Consumer Financial Protection Bureau is officially en route to becoming a tough new regulatory body on behalf of consumers.
Stocks closed modestly higher Friday on better-than-expected earnings from Oracle and Research in Motion, but a disappointing consumer sentiment report put a cap on gains.
President Obama will announce Friday that he's appointing Harvard law professor Elizabeth Warren to play a key role in crafting the consumer financial protection bureau that was her idea in the first place.
Better-than-expected earnings from Oracle and Research in Motion were expected to lift U.S. stocks, particularly the tech sector, at Friday's open.
The perception that a $700 billion bailout aided financial institutions more than consumers could make it harder to do something similar in another crisis, a government watchdog group said Thursday.
President Obama plans to name Elizabeth Warren as a special adviser to help set up a new consumer protection agency created under the Wall Street reform bill, according to sources who spoke on condition of not being identified by name.
President Obama plans to name Elizabeth Warren as a presidential assistant and special adviser to the Treasury Secretary this week to help lay the groundwork for the new consumer financial protection bureau, sources tell CNN.
President Obama reiterated Friday the need for a new consumer financial protection regulator, although he would not officially say who he wants to run the agency.
Pressure continues to mount on President Obama to select Elizabeth Warren as the nation's first consumer financial protection regulator.
Whether Elizabeth Warren heads the nascent Bureau of Consumer Financial Protection has become the first pitched battle in how the recently passed financial reform laws are put into practice. If the episode so far is any indicator, the battle between interests and reformers is far from over.
Elizabeth Warren doesn't look or sound scary. She's a 61-year-old Harvard Law School professor from Oklahoma who has written personal finance books, some with her daughter.
Wall Street reform isn't quite the law of the land, but already top Democrats are battling over who President Obama should name to run the signature piece of the measure: the consumer protection agency.
While bailed-out Wall Street is back on its feet and making profits, Main Street banks have gotten little to no boost from taxpayer bailouts, a watchdog panel said Wednesday.
During the long years of the financial crisis, the American economy has been like a retelling of the Somerset Maugham story "Appointment in Samarra," in which a man unsuccessfully runs from city to city in attempts to avoid a run-in with Death -- who, of course, is one step ahead of him. Similarly, investors have now spent years dodging disaster in one area of the markets, only to find their investments coming to a bad end elsewhere.
Let us for a moment stop beating up on America's much-maligned big banks. They have, for the most part, paid back the money they borrowed from taxpayers, with a big load of interest to boot. They've cut executive pay. And they're making strides in helping tens of thousands of homeowners stay in their houses rather than foreclosing.
The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday.
Elizabeth Warren, who came to Washington in 2008 with the task of keeping tabs on the financial bailout, today faces the unthinkable: business as usual for the Wall Street firms whose dealings plunged the country into the most severe recession in almost 80 years.
The Treasury Department did not adequately consider all options when bailing out troubled finance company GMAC and could have better protected taxpayers' money, according to a report released Thursday.
A congressional watchdog panel warned on Thursday that mounting commercial real estate losses could endanger the banking system and thwart economic recovery.
Elizabeth Warren: Bankers, shape up! In October 2008, Congress gave the U.S. Treasury the authority to spend $700 billion to help stabilize the economy. To monitor the impact of that Troubled Asset Relief Program, Congress created an oversight panel, and today, in The Wall Street Journal, the chairwoman of that TARP panel socks it to the banks and the business community.
Financial consumers would have fewer protections than originally envisioned under a draft of a bill being circulated on Capitol Hill.
Much of the money given to General Motors and Chrysler to prevent them from collapsing will never be recovered, according to a report released Wednesday by the Congressional Oversight Panel.
If you hold a credit card, mortgage or a student loan, Congress is considering a new agency designed to give you a lot more protection.
Banks that were stress tested by the government earlier this year should undergo another round of examinations, a government watchdog group said Tuesday, amid signs that the U.S. economy may be deteriorating faster than first expected.
Despite recent encouraging signs in the economy, Americans are having a hard time getting credit and the effectiveness of government programs to spur lending is unclear, a congressional bailout watchdog said Thursday.
A bailout oversight committee on Tuesday asked Treasury Secretary Tim Geithner to explain the agency's handling of the controversial $700 billion bailout program.
Worried that the Treasury Department's $700 billion Troubled Asset Relief Program might turn into a boondoggle for banks and a black hole for taxpayers? Elizabeth Warren is too. But as chairwoman of the Congressional Oversight Panel - one of the three organizations overseeing TARP - she's doing something about it.
A divided federal oversight panel on Tuesday gave the government a less-than-glowing report card for its handling of the $700 billion bank bailout.
President Obama and his economic team say they were powerless to avoid paying AIG's bonus contracts, but some top legal experts disagree with that argument.
Sometime last fall, my wife and I began having urgent conversations about putting more money away. It wasn't fun. A typical day went like this: Work. Feed children. Get children to bed. Clean up after children. Look at bank statements and bills. Stress out. Blame each other (occasionally). Sleep. Repeat.
The Treasury Department overpaid for the assets it purchased as part of the $700 billion financial sector bailout, according to testimony of a bailout oversight official before Congress on Thursday.
The federal government's $700 billion financial rescue plan will get its first official review Tuesday.
UK supermarkets offer cheaper options in light of the credit crunch. CNN's Atika Shubert reports.
While the bankruptcy filing rate for those under 55 has fallen, it has soared for older Americans, according to a new analysis from the Consumer Bankruptcy Project
America's middle class is increasingly squeezed by sagging incomes and soaring expenses, experts told Congress on Wednesday.
Your credit-card terms are usurious; your mortgage contract disguises the real cost of your home; and you need a magnifying glass to catch all the fees in your auto loan. As a result, you may be paying thousands more than you should for these products, says Harvard Law professor Elizabeth Warren.
Admit it. you want to see some justice handed out on Wall Street. Thanks to the Great Mortgage Panic of 2008, your home value is tumbling, credit is harder to get and the job market may turn a lot tougher. And let's not even talk about your 401(k) balance.
There are few things quite so dreadful as the prospect of our own impending demise. As Woody Allen put it, "I don't want to achieve immortality through my work. I want to achieve it through not dying."
In their 2003 book The Two-Income Trap, Harvard law professor Elizabeth Warren and her daughter, personal-finance expert Amelia Warren Tyagi, examined bankruptcy records to uncover the biggest risk...
Two and a half years ago, Sue and Charlie Jordan gave up high-paying corporate jobs in Minneapolis (his as an architect and hers in equity research) and purchased a picture-perfect resort in a town with a picture-perfect name -- Hanging Horn Village in Moose Lake, Minn.
Two and a half years ago, Sue and Charlie Jordan gave up high paying corporate jobs in Minneapolis (his as an architect and hers in equity research) and purchased a picture-perfect resort in a town...
Attention, middle-class families: You can no longer afford to have children. That's the message of The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke, by far the scariest boo...
There is a fine line between Sheryl Baggett's old life and her new one, and it is an unpainted strip of wall that runs right beneath the molding in her upstairs hallway. The dingy brown strip stand...
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