By Kevin Freking, Associated Press
The Senate voted narrowly to repeal a banking rule that would have allowed consumers to join together to sue their bank or credit card company.
By Andrew Taylor, Associated Press
WASHINGTON — A powerful House panel is coming to the aid of payday lenders, moving to delay Obama administration regulations aimed at cracking down on the much-criticized industry.
By Kimberly Hefling, Associated Press
The Consumer Financial Protection Bureau opened a public inquiry Thursday into student loan servicing practices that it says can make paying back loans "stressful or harmful."…
By PBS NewsHour
For more than half a century, Barney Frank was one of America's loudest voices for progressive policies, both financial and social. Economics correspondent Paul Solman spends a day in Boston with the famous former lawmaker and financial reformer to discuss…
This week, the federal Consumer Financial Protection Bureau took new steps to protect the working poor from people critics describe as predatory lenders, those who make what are known as pay day loans. Chico Harlan of the Washington Post joins…
By Hope Yen, Associated Press
Troubled by consumer complaints and loopholes in state laws, federal regulators are putting together the first-ever rules on payday loans aimed at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt.
By Mark Sherman, Associated Press
Under a provision of the Constitution known as the recess appointments clause, the president may make temporary appointments to positions that otherwise require confirmation by the Senate, but only when the Senate is in recess. Now, President Barack Obama and…
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