Below you'll find a list of all posts that have been tagged as “Consumer Financial Protection Bureau”
Global forecaster Gerald Celente has released his 2nd Quarter Trends Journal for 2017. With topics spanning the economy, Middle East conflict, aging and so much more, the Trends Journal allows you to read History Before it Happens®. Meanwhile, as forecast, tensions are heating up in the Middle East and the repercussions could be disastrous. Learn more at Trendsresearch.com. Download this episode (right click and …
President-elect Donald Trump is getting closer to debilitating the Consumer Financial Protection Bureau (CFPB), the watchdog agency founded by Sen. Elizabeth Warren (D-Mass.) that many warned could be an early target for the incoming administration. Trump on Wednesday met with former Rep. Randy Neugebauer (R-Texas), who the Huffington Post reports is a front-runner to take over the agency if the …
Another day, another example of the disastrous effect Reaganomics has had on our country’s business culture. Ever since his bank was fined $185 million for illegally opening millions of accounts in its customers’ names to help boost profits, Wells Fargo CEO John Stumpf has insisted that he only discovered what was going on in 2013. That’s what he said when …
It has been and continues to be an interesting week for Wells Fargo, with widespread coverage from mainstream news outlets; John Stumpf, Wells Fargo’s CEO, going before Congress on September 20; and a $185 million settlement announced with the Consumer Financial Protection Bureau. Interesting, then, that despite all of the monies paid in fines to the CFPB, Wells Fargo still …
Last Thursday, the Consumer Financial Protection Bureau (CFPB) announced that Wells Fargo was paying $185 million in fines and penalties for allowing its employees to open “more than two million deposit and credit card accounts” that were not authorized by its customers. The employees were attempting to “hit sales targets and receive bonuses.” In one of the most audacious forms of bank fraud, …
Today On The Gary Null Show, Gary plays a very important audio clip entitled Reality Check: How Does Nobody Go To Jail In Wells Fargo Case After over 1.2 Million People Were Defrauded? And Why No Matter What Other Crimes The Bank Committed, They Have Been Granted Immunity! Before that Gary gives some insightful personal commentaries on the student loan industry and who really controls Washington. In the opening health segment Gary gives you the health benefits of peppercorn. All this and so much more on today’s Gary Null Show
A generation ago, Congress privatized a student loan program intended to give more Americans access to higher education. In its place, lawmakers created another profit center for Wall Street and a system of college finance that has fed the nation’s cycle of inequality. Step by step, Congress has enacted one law after another to make student debt the worst kind of …
A couple of years ago, we set out to find out more about the growing use of the courts to collect consumer debts. How many lawsuits are filed? Who is filing them? Who is getting sued? The suits are filed in state and local courts, and many states rely on antiquated systems or only keep data at the county level. …
When Phyllis Salowe-Kaye learned that the New Jersey State Investment Council (NJSIC) had invested 50 million state pension dollars with a private equity firm that used some of the funds to purchase a predatory payday lender, she went through the proverbial roof. The longtime executive director of New Jersey Citizen Action (NJCA) quickly assembled a powerful coalition of consumer protection …
The Biloxi-Chitimacha-Choctaw just received $48 million to move off of their disappearing south Louisiana island. U.S. Department of Housing and Urban Development (HUD) announced in January that it had awarded the tribe $48 million to pay for a move, most likely farther north and inland, making them the first community of official climate refugees in the continental (lower 48) United States. The tribe wants to move as …
