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Showing blog posts tagged with Consumer Financial Protection Bureau

Trumka: Mass. Senate Race Should Be Decided on Issues, Not Gender

Massachusetts AFL-CIO photo

Massachusetts U.S. Sen. Scott Brown (R) portrays himself as a pickup truck-driving, Boston Bruins jersey-wearing friend of union workers and working families. He paints his opponent in the Senate race, Elizabeth Warren, as a woman who is an elitist college professor. Both points are untrue. 

Today, AFL-CIO President Richard Trumka set the record straight on Brown and Warren in an address in Boston to New England union members and leaders that media and political observers are comparing to his 2008 speech on the role race played in some workers’ opposition to President Obama’s candidacy.

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Which Greedy Banker Said It? Play the Wall St. Quotes Game

Carrie Sloan

At the height of the Wall Street financial scandal that rocked this country into near economic ruin, bankers were ablaze with greed. To mark the approaching two-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the think tank Demos has compiled some of the more colorful quotes from this group and challenges you to guess who said them.

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Scott Brown: Wall St.’s Favorite Senator

Scott Brown: Wall St.’s Favorite Senator

Massachusetts Voters Beware. Millionaire candidate Sen. Scott Brown portrays himself as an “average guy in a pickup” when in reality he’s a big backer of Wall Street, not Main Street.

Scott Brown: Wall Street’s Favorite Senator,” a new website launched by the Massachusetts AFL-CIO, highlights Brown’s two-year anti-worker voting record in the Senate.

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Cordray and Consumer Bureau Taking New Steps to Protecting Homeowners and Buyers

When the nation’s housing crisis—fueled by “unscrupulous operators looking to make fast cash”–was beginning to explode, writes Richard Cordray, newly appointed head of the Consumer Financial Protection Bureau (CFPB), in a column on Politico:

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Obama to Appoint Cordray Consumer Watchdog Chief

President Obama will use a recess appointment to name Richard Cordray head of the Consumer Financial Protection Bureau, the Associated Press (AP) reports this morning. Cordray’s nomination has been blocked by Senate Republicans who want to gut the agency that was created by 2010’s Wall Street reform legislation.

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1% Senators Blocked Consumer Protections for the 99%

Today, obstructionists in the Senate blocked an up-or-down vote on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). Fifty-three senators voted for Cordray, while 45—all Republicans—voted against ending debate on his nomination. Massachusetts Sen. Scott Brown (R) voted for Cordray, and Maine Sen. Olympia Snowe (R) voted present.

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Responsible Investors Group Backs Occupy Wall Street Goals

Some of those in the 1 percent are stepping forward to express their support for the 99 percent, agreeing with Occupy Wall Street protesters that the nation’s financial system is seriously harming our economy. The latest to indicate their support for the 99 percent are the financially savvy members of the Forum for Sustainable and Responsible Investment, who are calling for greater corporate transparency, restraint of excessive payouts to executives and support for the federal Consumer Financial Protection Bureau. The consumer bureau does not yet have a director because Senate Republicans have blocked a vote on the nomination of Richard Cordray to lead the agency.

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Trumka: AFL-CIO Supports Cordray as Consumer Financial Chief

AFL-CIO President Richard Trumka announced support for President Obama’s plan to nominate Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). Cordray, a former Ohio attorney general, currently is chief of enforcement at the CFPB.

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