In its unanimous ruling, the court says the FTC could always ask Congress for more authority to recover money for victims.
Some states are stepping up their plans to regulate the debt collection industry. Consumer advocates say the moves come at a time when Federal protections are weakening.
Lawmakers in the state of Louisiana are debating when food products can be called “rice.”
They're making a living ... undercover.
The Consumer Financial Protection Bureau helps you handle problems you’re having with a financial service or product. Here’s how that process works.
Across the hallway from Mark Zuckerberg’s second round on Capitol Hill today there was another hearing taking place. This one was not quite so well-attended. Mick Mulvaney was there to be questioned on his role as acting director of the Consumer Financial Protection Bureau. Democrats have been worried that Mulvaney is a little overly-friendly to […]
The Massachusetts senator thinks the credit-rating agency got off easy.
All but two states have laws governing disclosure, but there is a lot of wiggle room in the rules.
Scandal-besieged Wells Fargo seems to be cleaning up its act. It’s replacing three of 15 board members, including the chairman. Stephen Sanger will step down at the end of the year and current Vice Chair Elizabeth Duke will take his place. Is this a real change for the bank? Click the audio player above to […]
Income volatility is increasingly driving low- and middle-income Americans to check cashers and payday lenders.