Recent News

Adjust the rules to help consumers: Second Look

The goals of the Consumer Financial Protection Bureau (CFPB) are admirable. But the one-size-fits-all regulatory environment brought about by its single-director structure just isn’t working. Creating a commission of multiple voices to lead the bureau would allow it to function in the best interests of consumers.

LETTER: Credit unions need more support

What is the banking lobby afraid of? The National Credit Union Administration (NCUA) has adopted new rules that will allow credit unions to do what we do best — help groups of individuals to pool their savings to provide each other safe and affordable credit, particularly where banks are unwilling or unable. In practice, this […]

Next President Should Fire CFPB’s Cordray

“You’re fired!”

A certain presidential candidate made that phrase famous. But whoever is elected to the White House this November should say those words to the head of a rogue government entity, which the courts have finally forced into providing a measure of accountability.