She carved a national profile in her advocacy for the creation of a new, independent federal financial consumer protection agency.
The American Bankers Association in 2011 asked the Consumer Financial Protection Bureau to apply consumer financial protection laws uniformly across the financial sector regardless of whether an entity is a traditional bank or one of the evolving nonbank payment providers.
On Tuesday, I joined Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and state and local officials from across the country for a Local Leaders Call to discuss how the CFPB is working to protect consumers and make markets for consumer financial products and services work for Americans.
The special interests and their agents in Congress claim that reforms like the Consumer Financial Protection Agency will stifle consumer choice and that updated rules and oversight will frustrate innovation in the financial markets.
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Fresh off her failed nomination to the Consumer Financial Protection Bureau, consumer advocate and Democrat Elizabeth Warren has announced her plan to run for the Senate in Massachusetts, challenging incumbent Republican Scott Brown.
In conjunction with the enforcement action, the Consumer Financial Protection Bureau released two Consumer Advisories.
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The CFPB is meant to be an enforcer of financial services consumer protections.
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In the wake of the financial crisis, Congress established the Consumer Financial Protection Bureau, which began operating in 2011.
With those fears having subsided, investors are returning to the sectors that traditionally fare well in strong market rallies: economically sensitive financial, consumer and material stocks.
Macquarie Securities analyst Kevin Smithen said he spoke to several smartphone buyers there from "large financial and consumer-products companies" who said they were considering the Z10.
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Like a neighborhood cop on the beat, the CFPB supervises banks, credit unions, and other financial companies, and will enforce federal consumer financial laws.
At the bottom of the list: Genworth Financial, which offers mortgage insurance and other consumer financial products.
Today seven different regulators have some responsibility for consumer financial protection, but none is focused on consumer protection as their priority.
The industry's financial "advice" is one area that the Consumer Financial Protection Agency, if it's ever established, should examine very closely.
Watch the video below, or check out this handy explainer, Consumer Financial Protection Bureau 101: Why We Need a Consumer Watchdog.
The bill had a hearing before the Financial Institutions and Consumer Credit Subcommittee of the full House Financial Services Committee a few weeks ago.
All told, this reform puts in place the strongest consumer financial protections in history, and it creates a new consumer watchdog to enforce those protections.
In the wake of the financial crisis of 2008, Warren brainstormed what would become the Consumer Financial Protection Bureau as a way of protecting consumers against the predatory financial services industry and was brought to Washington D.
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The financial crisis has demonstrated beyond any question that our current approach to consumer financial protection has failed.
Congress also gave the Consumer Financial Protection Bureau the authority to decide whether class waivers should be banned in consumer finance contracts.
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Among other things, it sets up a Financial Stability Oversight Council to oversee systemic risk in the economy, creates an independent consumer financial protection bureau housed within the Federal Reserve and establishes exchanges for the trading of over-the-counter derivatives.
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There are 14 major players in the servicing business that have come under attack by all fifty of our States Attorneys General, the new Consumer Financial Protection Bureau, dozens of class action lawyers, and a host of other consumer friendly advocates.
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We recommend investors buy a consumer staples ETF over a financial ETF because the consumer staples sector allocates 73% of the value to attractive-or-better-rated stocks compared to 21% for the financials sector.
Financial panics destroy consumer spending by eating into everyone's net worth, evenly split today between homes and financial assets.
The Wall Street reform bill in Congress represents the strongest consumer financial protections in history.
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One such kit is available from the Consumer Financial Institute (288 Walnut Street, Newton, Mass. 02160).
The controversial Consumer Financial Protection Bureau announced its first enforcement action today against Capital One Bank.
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It is the third public enforcement action taken by the Consumer Financial Protection Bureau (CFPB).
On Wednesday, the Consumer Financial Protection Bureau outlined a set of options designed to encourage such refinancings.
Democrats proposed to house a consumer financial protection agency inside the Federal Reserve, but with independent authority.
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