In the financial services legislation being considered by Congress, of greatest interest to consumers is the creation of a new Consumer Financial Protection Bureau.
Ed Mierzwinski, consumer program director at the non-profit, non-partisan U.S. Public Interest Research Group, shares why reg restructuring is good for everyone.
Even as CUNA and NAFCU have indicated they will opposed the current finance reform package, the Consumer Federation of America has hailed Congress for having brought the bill this far.
House and Senate conferees will tackle the issues of greatest interest to credit unions in the financial overhaul when they meet later today.
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WASHINGTON -- As credit unions and other financial service providers awaited a draft of the Senate regulatory restructuring, a key negotiator of the bill said when it comes to a new consumer agency, location is less important than teeth.
WASHINGTON -- In real estate, it's all about location, location, location.But as credit unions and other financial service providers awaited a draft of the Senate regulatory restructuring,
A majority of consumers are aware that Congress passed credit card protections last year, but fewer know what those protections actually are
A majority of consumers are aware that Congress passed credit card protections last year, but not as many are aware of what those protections actually are, according to survey conducted jointly by CUNA and the Consumer Federation of America.
An overwhelming majority of Americans favor additional limits on overdraft fees and that's why Congress should pass legislation to strengthen consumer protection in this area, the Consumer Federation of America said today.