rssPosts by Mary Kane
Three Things to Keep in Mind as Financial Literacy Month Ends
Before National Financial Literacy Month ends on Friday, it’s worth noting a few developments.
The nation’s premier financial literacy organization, the JumpStart Coalition for Personal Financial Literacy, which sponsored Financial Literacy Day on the Hill this week, still includes as a corporate partner the subprime lender CompuCredit. More…
Attend a Consumer Advisory Council Meeting – See for Yourself
The Consumer Advisory Council meets this Thursday in Washington — and the goings-on are open to the public. If you register online by today, you can attend.
You might get a feel for how consumer protection would be handled under the Fed.
During the Boom, Greenspan Never Attended His Own Consumer Advisory Council’s Meetings
By the way, if you’re going through the transcripts of the Consumer Advisory Council, you’ll see that Fed Chairman Ben Bernanke attends the meetings, which are held three times a year in Washington, D.C.
We were curious: During the boom, did former Fed Chairman Alan Greenspan ever go to More…
Fed’s Consumer Advisory Council Warned of Doomsday Scenario
Here’s an interesting look at the inner workings of the Consumer Advisory Council, which is supposed to advise the Federal Reserve on consumer protection issues, including the Credit Card Reform Act. Page 35 of this link (pdf), from public transcripts of the council’s October 2009 meeting, shows More…
Worried About Housing a Consumer Agency at the Fed? Check Out the CAC’s Record
If you want to know why some consumer advocates and others are concerned about current financial regulatory reform proposals to house a Consumer Financial Protection Agency within the Federal Reserve, look no further than the experience of the Fed’s own Consumer Advisory Council.
The Council, which has generally drawn little More…
Payday Lenders Use Loopholes to Continue High-Interest Loans
When states from New Mexico to Illinois passed payday reform laws over the past few years, it seemed as if the movement to curb short-term loans with interest rates that sometimes reached 400 percent or more was gaining steam. In Ohio and Arizona, voters even took to the polls More…
Servicers, White House Point Fingers as Foreclosure Plan Fails
Only a year ago, hopes were high that a big push by the government to stop foreclosures would be a great success, living up to its billing as “Help for America’s Homeowners.”
Last January started out with a foreclosure moratorium, allowing time for the More…
Best of 2009: The Tea Party Revolt and the Politics of Ignorance
All day, we’re re-running our favorite blog posts of the last year. This post was originally published on Feb. 28, 2009.
As Dave Weigel notes, the Tea Party movement to protest the mortgage rescue plan and other government bailouts rolls on, with a planned rally Friday in front
Best of 2009: Stay Home if You Have Swine Flu, Unless You Work at Wal-Mart
All day, we’re re-running our favorite blog posts of the last year. This post was originally published on Nov. 4, 2009.
During the summer, when swine flu was not yet a widespread reality in the United States, giant retailer Wal-Mart made the news for being in talks with
Best of 2009: Frank Vows to Put an End to Fannie and Freddie Waivers
All day, we’re re-running our favorite blog posts of the last year. This post was originally published on Jan. 21, 2009.
