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Agency wants more rules governing financial advisors for seniors
WASHINGTON -- Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a federal report released...
Tags: Financial and Business Services, Personal Finance, Consumers, U.S. Consumer Financial Protection Bureau, U.S. Securities and Exchange Commission
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Regulators probing alleged mortgage insurance kickback scheme
WASHINGTON — Federal regulators are conducting an extensive investigation into an alleged mortgage insurance kickback scheme that pushed up costs for home buyers dating from the mid-1990s. The Consumer Financial Protection Bureau, in disclosing...
Tags: Bribery, Corporate Crime, Real Estate Buyers, U.S. Consumer Financial Protection Bureau, Punishment
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Feds fine four mortgage insurers $15 million for alleged kickbacks
WASHINGTON -- Federal regulators hit four national private mortgage insurance companies Thursday with a combined $15.4 million in fines to settle allegations of making improper kickbacks to lenders to steer consumer business to them. The fines, which...
Tags: Bribery, Corporate Crime, U.S. Consumer Financial Protection Bureau, Mortgages, Punishment
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Political stalemate continues on Consumer Financial Protection Bureau
Watchdog with Paul MuschickThe Consumer Financial Protection Bureau has a director only because the president went around Congress and seated Richard Cordray through a recess appointment. Cordray, a former Ohio attorney general, was up for nomination again today, and the... -
Why Obama's recess battle really matters
It's easy to ignore President Barack Obama's dispute with Senate Republicans over his recess appointments if you don't care what the government is doing with your money. But if you do, this fight is about a lot more than whether one man gets a new job....Tags: Barack Obama, Litigation and Regulation, Republican Party, U.S. Consumer Financial Protection Bureau, George Washington
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Senate panel approves Obama nominees to head SEC, consumer bureau
WASHINGTON — A Senate committee on Tuesday overwhelmingly approved Mary Jo White's nomination to head the Securities and Exchange Commission, clearing the way for the former federal prosecutor to be confirmed soon as Wall Street's top watchdog....
Tags: Elisse Walter, Washington, DC, Rajat Gupta, Republican Party, Sherrod Brown
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Top House lawmaker questions validity of consumer bureau funding
WASHINGTON -- A top House lawmaker is questioning the validity of the Consumer Financial Protection Bureau's funding, arguing that a recent court decision invalidating some of President Obama's recess appointments could make it unlawful for the agency's...
Tags: Barack Obama, Washington, DC, Ben Bernanke, U.S. Consumer Financial Protection Bureau, Career and Workplace
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Elizabeth Warren's first grilling of regulators is a YouTube hit
WASHINGTON — Sen. Elizabeth Warren (D-Mass.), a darling of liberals who has been mentioned as a potential 2016 presidential contender, had kept a deliberately low profile since her election in November. In less than five minutes last week,...
Tags: Elisse Walter, Barack Obama, Republican Party, Business Institutions, YouTube
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The Fed's not-so-golden rule
RICHMOND, Va. -- A display case in the lobby of the Federal Reserve Bank here might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Minted in 1952, when the price of gold was $35 an ounce, the bar was worth about...Tags: Gold and Precious Material, Barack Obama, Lobbying, The New York Times, Ben Bernanke
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Column: The Fed's not-so-golden rule
A display case in the lobby of the Federal Reserve Bank in Richmond might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Minted in 1952, when the price of gold was $35 an ounce, the bar was worth about $14,000....Tags: Gold and Precious Material, Washington, DC, Lobbying, Barack Obama, The New York Times
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Senate Democrats are united against GOP push to weaken consumer bureau
WASHINGTON -- Senate Democrats said Thursday they were united in opposing Republican efforts to weaken the Consumer Financial Protection Bureau, and told President Obama they supported the renomination of Richard Cordray to head the agency. "It is...
Tags: Washington, DC, Barack Obama, Republican Party, Angus King, U.S. Consumer Financial Protection Bureau
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Senate Republicans vow to block consumer bureau chief's nomination
WASHINGTON -- Nearly all Senate Republicans have pledged to block the confirmation of Richard Cordray to head the Consumer Financial Protection Bureau, adding to the uncertainty about the agency's leadership after a recent court ruling threatening his...Tags: Republican Party, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Work Relations, Consumers, U.S. Consumer Financial Protection Bureau
Apr 18, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Mar 12, 2013
| Allentown Morning Call
Jan 11, 2012
|Story| Chicago Tribune
Mar 19, 2013
|Story| Los Angeles Times
Mar 12, 2013
|Story| Los Angeles Times
Feb 18, 2013
|Story| Los Angeles Times
Feb 28, 2013
|Column| Orlando Sentinel
Feb 27, 2013
|Story| Aberdeen News
Feb 14, 2013
|Story| Los Angeles Times
Feb 4, 2013
|Story| Los Angeles Times
Original site for Richard Cordray topic gallery.