Defend Your Dollars

CFPB

Consumers won a huge victory in 2010 with the passage of the Wall Street Reform law. The key provision of the bill for consumers is the creation of the Consumer Financial Protection Bureau, which will oversee financial products and services such as mortgages, credit cards, payday loans, check cashing, and private student loans.

Publications

• CU calls for new agency heads to protect consumers in credit and housing
  Posted 12/02/08 at 2:34 pm

  Groups ask President-elect to choose nominees who will push for consumer protection, foreclosure prevention, and strong regulation in credit and housing.

• CRA is not the cause for the foreclosure crisis
  Posted 10/21/08 at 9:53 pm

  The Community Reinvestment Act is not the problem. The problem is failed regulatory policy and oversight.

• CU: Include credit card reforms in bailout package
  Posted 09/24/08 at 2:58 pm

  Consumer groups urge the Senate to protect consumers from deceptive credit card practices

• Wall Street rescue plan, worries for consumers
  Posted 09/23/08 at 2:43 pm

  CU urges the House to put consumers and taxpayers at the forefront of bailout package

• Protect all your money if your bank fails
  Posted 09/15/08 at 2:23 pm

  Consumer groups call on the FDIC to apply deposit insurance to all prepaid cards, payroll cards, and bank-issued gift cards.

• Letter to the Office of the Comptroller of the Currency (OCC) Regarding Opposition to Proposed Rule on Preemption
  Posted 10/01/03 at 6:08 pm

  Letter to the Office of the Comptroller of the Currency (OCC) regarding opposition to proposed rule on preemption.

Blog Posts

• Win Count: Consumers 1 Banks $700 Billion
  Posted 09/25/09 at 12:04 pm

  Banks ease policy on overdrafts due to consumer pressure. Now is the time to get involved.

• CFPA Flow Chart Awesomeness
  Posted 09/17/09 at 12:45 pm

  The Consumer Federation of America provides a great flow chart example of why the CFPA is better.

• Calling all creative shutter bugs!
  Posted 09/15/09 at 2:27 pm

  Consumers Union needs some fantastic photos for our Defend Your Dollars blog posts that represent the variety of financial consumer issues that affect your life.

• Happy Birthday Lehman Failure!
  Posted 09/14/09 at 3:45 pm

  CFPA is key to protecting our financial system

• Fed Up
  Posted 07/24/09 at 1:46 pm

  Top Ten reasons to not trust the Fed when it comes to consumer financial protection

• Goldman Sachs reports profits and huge bonuses
  Posted 07/15/09 at 4:38 pm

  Guest Blogger Arone Silverman

  Goldman Sachs announced Tuesday that it had earmarked $11.4 billion so far this year to compensate its workers.

• I want my CTV! Financial Reform to Protect Consumers- More Videos!
  Posted 06/22/09 at 10:33 am

  In the president’s weekly address he explains the CFPA. Imitation is the highest compliment.

• CU explains the CFPA…. ON VIDEO!!!
  Posted 06/19/09 at 2:43 pm

  Gail Hillebrand, Financial Services Campaign Manager for Consumers Union explains the Consumer Financial Protection Agency (CFPA)- What it is, What would do and How YOU can help.

• Obama Vs. The Federal Reserve
  Posted 06/18/09 at 2:51 pm

  Guest Blogger Arone Silverman

  With the announcement of his plan for a new Consumer Financial Protection Agency (CFPA), President Obama was met with a lot of disapproval from the Federal Reserve. Now, everyone has an opinion and it is up to Congress to take the next step.

• Consumer Financial Protection Agency – What it is and What it does
  Posted 06/17/09 at 5:07 pm

  The President’ today released his comprehensive plan to fix the oversight of financial products and markets.