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Tag Archives: elizabeth warren

Bill Would Make Employment Credit Checks Illegal

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United States Senator Elizabeth Warren (D-Mass.) today introduced the Equal Employment for All Act with Senators Richard Blumenthal (D-Conn.), Sherrod Brown (D-Ohio), Patrick Leahy (D-Vt.), Edward J. Markey (D-Mass.), Jeanne Shaheen (D-N.H.), and Sheldon Whitehouse (D-R.I.). The legislation would prohibit employers from requiring potential employees to disclose their credit history as part of the job application process. It was previously ... Read More »

Elizabeth Warren to Run for Congress

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After Elizabeth Warren stepped down from leading the CFPB, there was an assumption she would be heading back to Harvard University to continue the good work she was doing before to help protect consumers. According to CNN, a Warren campaign advisor has confirmed that tomorrow, Warren will announce her candidacy for the U.S. Senate for a seat from Massachusetts. “The ... Read More »

CFPB Still Moving Ahead. Enforcement and Supervision Imminent.

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Yesterday was the last Congressional hearing I’m aware of prior to the July 21, official launch date for the Consumer Financial Protection Bureau (CFPB). There was tension that House Republicans would roll back the scope and authority of the new CFPB even before it actually began but from reports of the hearing, the gutting of the agency did not occur. ... Read More »

Congres Gets One Last Chance to Poke CFPB Before it Opens for Business

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I don’t think there can be any dispute that the GOP has fought the existence of the CFPB and tried a number of approaches to defang it or try to make it go away. This Thursday, Elizabeth Warren, appears again in front of the House Oversight Committee and will most likely face one last round of aggressive questioning before the ... Read More »

Elizabeth Warren Called Liar at Congressional Hearing. Disgusting.

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A recent appearance by Elizabeth Warren of the Consumer Financial Protection Bureau in front of a Congressional hearing ended most unfortunately when Representative McHenry, Republican of South Carolina, accused Warren of making up the fact their staffs had agreed to an ending time for the meeting. Essentially he publicly called her a liar. More details about the hearing make it ... Read More »

Elizabeth Warren Says CFPB to Spend Half of Budget on Enforcement

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This past Monday I had the pleasure of catching up with my old friend Elizabeth Warren. She was the keynote speaker at the National Association of Attorneys General meeting in Charlotte, NC. Professor Warren made it very clear that the Consumer Financial Protection Bureau (CFPB) will focus on compliance, supervision and enforcement of financial products. This includes all areas of ... Read More »

What Elections Could Do to Financial Regulations

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by Marian Wang, ProPublica As Americans go to the polls today, their votes will influence a number of issues that we’ve been watching, whether it be the foreclosure scandal or implementation of financial regulation and healthcare reform–some of our favorite topics. So here’s our attempt to parse some of the election coverage and bring these issues into sharper focus: Foreclosure ... Read More »

Elizabeth Warren Meets With Obama

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From the Washington Post, rest here. Elizabeth Warren, a popular but polarizing consumer advocate, met with President Barack Obama at the White House Tuesday, adding to speculation she could be named to head a new consumer protection agency. Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Offshore Debt Settlement, Morgan Drexen, Badges, Elizabeth Warren, Bed Intruder, CROA, and More – Podcast

Here is this weeks podcast where Damon Day and I talk about a number of debt industry issues including: Debt settlement companies settling up offshore enterprises to sell services back to U.S. residents. The odd statements made in the recent Morgan Drexen press release. You can watch video from the release here. What is the Financial & International Independent News ... Read More »

Elizabeth Warren, We Got Your Back. Wall Street Better Watch Out.

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For all the fans of Elizabeth Warren for the role as the director of the new Consumer Financial Protection Bureau. Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Elizabeth Warren Needs To Be Named Director of the Consumer Financial Protection Bureau

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I’ve known Elizabeth Warren for years and I’m proud to say she’s one of those people I can reach quickly if I need to. Hopefully once the selection process for the Consumer Financial Protection Bureau is over we’ll have a time to get together and interview her for the site. Hopefully the selection process is drawing closer to advancing quickly. ... Read More »

Bankruptcy Becoming More Common Among Upper Middle Class Out of Necessity

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For the past few years I’ve been suggesting bankruptcy more and more as a solution to people in trouble. I’ve written about my position, “I Suggest Bankruptcy Too Often, So Say Some“, and I receive my fair share of criticism about the amount of times I suggest bankruptcy. An article out today, full of data, and experts I respect supports ... Read More »

Elizabeth Warren Fights for New Consumer Financial Protection Agency

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I’m really happy to see my friend Elizabeth Warren out in front of new ideas to protect consumers from banks and lenders. Maybe the time has come that consumers will be entitled to some representation in government when it comes to banking products and the banking system. Ms. Warren, for years a scourge of Wall Street, has emerged as an ... Read More »

Tithing, Saving and Getting Out Of Debt – The Personal Finance Bloggers Brain Trust

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This weeks question put to the personal finance bloggers brain trust at GetOutOfDebt.org was: When people are working with a credit counselor or working up their own budget they often hear or believe that they should not make religious contributions and should not put any money in savings while they are making debt repayments. Instead, some believe that every dollar ... Read More »

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