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

• Finacial Reform 101 with Liz Warren
  Posted 04/01/10 at 9:49 am

  Sign up now to get the nitty gritty on the need for financial reform from most high profile consumer advocate in the country.

• LIZ WARREN IS FIERCE
  Posted 03/25/10 at 4:06 pm

  A fascinating profile of the most high profile consumer advocate in DC right now. She needs your help.

• Senate Banking Committee Passes CFPA Bill
  Posted 03/22/10 at 2:33 pm

  In a party-line vote Dodd’s financial reform bill passes, CU urges the Senate to stay strong for real consumer protections, and the Banks fight back with their check books.

• Can 800 Bankers Ever Be Right?
  Posted 03/18/10 at 3:19 pm

  Guest Blogger Pam Banks Policy Counsel for Consumers Unions gives you an inside look at the fight for real financial reform in DC.

• Senator Dodd Drops Financial Regulatory Reform Bill
  Posted 03/15/10 at 1:13 pm

  Dodd’s Bill Moves Ball Forward, But More Needs to Be Done to Protect Consumers

• CFPA or Die
  Posted 03/09/10 at 10:11 am

  Comedy website Funny or Die have put together a couple of fantastic skits about the need for financial consumer protections.

• Concern about CFPA negotiations
  Posted 03/05/10 at 10:39 am

  CU urges the Senate Banking Committee to pass a meaningful CFPA.

• Winner of the Danger of Debt Contest!!
  Posted 03/02/10 at 10:14 am

  Sean Kleefeld is the Grand Prize Winner of the Dangers of Debt Image Contest!!

• CU tells us why we need the CFPA in a PBS debate
  Posted 02/19/10 at 10:16 am

  Do we need a CFPA? Gail Hillebrand tells us why the answer is a resounding YES!

• Dodd Moving Forward on Financial Reform
  Posted 02/05/10 at 11:13 am

  Great that Dodd is moving forward on reform that will actually benefit consumers. Now we need him to stay strong and create an agency that isn’t in the pocket of the Big Banks.