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Topic - Consumer Finance Protection Bureau

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  • President Obama pauses while speaking in the James Brady Press Briefing Room of the White House in Washington on Feb. 5, 2013. The president will ask Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic across the board cuts that are scheduled to kick in March 1. (Associated Press)

    DESANTIS: Obama ought to express some humility in his State of the Union

    When President Obama gives his State of the Union address tonight, he will almost assuredly claim that the union is strong. He will likely invoke the many positive characteristics of the American national character and might even recognize a guest in the gallery who possesses an inspirational story.

  • "Look, in my lifetime the single thing that hurt people most was the financial crisis," Consumer Financial Protection Bureau Director Richard Cordray tells the House Committee on Oversight and Government Reform. "I think we can help head that off in the future." (Andrew Harnik/The Washington Times)

    Gentle grilling greets new consumer banking watchdog

    Congressional Republicans gave President Obama's new consumer finance watchdog a relatively gentle grilling in his first public hearing on Capitol Hill, despite lingering distrust about the agency he heads and anger with Mr. Obama's decision to use his recess appointment power earlier this month to install him in his post.

  • Banks' accounting boosts overdraft fees

    A consumer research group is calling out banks for continuing to employ what it says is a deceptive accounting practice that can greatly increase the number of overdraft fees a customer may be charged.

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