Tag Archives: consumer financial protection

What the New Consumer Finance Agency Means for PA Families and Economy

From Public News Service-PA (http://www.publicnewsservice.org):   August 09, 2010   HARRISBURG, Penn. – The financial meltdown at the start of the current recession was rooted in part in predatory lending and ballooning consumer debt. According to Community Legal Services of … Continue reading

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Senate Financial Reform Bill Passes

From the United Church of Christ:   On May 20, the Senate passed a bill regulating the banking industry (S 3217, http://www.ucc.org/justice/financial-crisis/s3217.html). The “Restoring Financial Stability Act“:   Establishes an independent consumer financial protection agency to protect people from fraudulent, … Continue reading

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Support a Consumer Financial Protection Agency NOW

From the National Council of La Raza (http://www.nclr.org/):   The National Council of La Raza (NCLR) recently launched a petition campaign supporting the creation of a Consumer Financial Protection Agency (CFPA). We have collected roughly 600 signatures and hope to … Continue reading

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Wall Street Reform Act Passes in the House

On Friday, December 11, the U.S. House of Representatives passed the HR 4173, the “Wall Street Reform and Consumer Protection Act” (http://www.govtrack.us/congress/bill.xpd?bill=h111-4173) on a 223 – 202 vote with 9 abstaining. You can read more about this legislation at http://pachurchesadvocacy.org/weblog/?p=1676. … Continue reading

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