Consumer Financial Protection Agency News

Senate Banking Committee Post Possible for Wall Street Critic Warren

The chances are good, but not guaranteed, that Elizabeth Warren will secure a highly coveted seat on the Senate Banking Committee, a move that would dramatically elevate her campaign against Wall Street excess. Senior Senate Democratic aides, speaking on condition …

Banks Seek Liability Shield for Future Home Mortgages

U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans. The Consumer Financial Protection Bureau is finalizing a proposal to entice banks to …