Financial Reform

THE CFPB IS 4 YEARS OLD AND HAS A LOT TO SHOW FOR IT!

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

We're keeping busy promoting the CFPB's 4th birthday. Tuesday, July 21, marks four years to the day since the Consumer Financial Protection Bureau opened its doors to protect consumers and make financial markets work. CFPB was established by Congress just one year before that, with the July 21, 2010 passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act in the wake of the financial collapse of 2007-2008, caused by a lack of adequate regulation.

News Release | Financial Reform

LOOKING BACK AT 2014: YEAR OF STOCKING STUFFERS FOR CRIMINAL CORPORATIONS

This was the year that billion-dollar settlements paid by corporations to atone for wrongdoing became normal -- and so many of those deals gave the corporations huge tax write offs at the expense of ordinary taxpayers.

News Release | MASSPIRG | Financial Reform

Statement of MASSPIRG Executive Director Janet Domenitz Opposing “CRomnibus” Appropriations "Rider" to Repeal the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act

We join others, including Americans for Financial Reform and the Leadership Conference on Civil and Human Rights, in condemning this backdoor, backroom appropriations "rider" to weaken the Wall Street reform law's protections for taxpayers and Main Street from the risky derivatives swaps that led to the 2008 financial collapse and recession.

Sovereign near top of regulator’s list of bank complaints

Two of the region’s biggest banks are near the top of a list of the most complained-about banks in the country.

3 Boston area banks ranked among worst on complaints

New MASSPIRG Education Fund Report report ranks banks' record in generating and resolving consumer complaints. 

News Release | MASSPIRG Education Fund | Consumer Protection, Financial Reform

New Report Identifies Banks Consumers Complain About

New report highlights banks that generated the most complaints through their various banking services in each state. Thousands of Americans are using the Consumer Financial Protection Bureau’s (CFPB) public Consumer Complaints Database to settle disputes with their banks, according to a new report from the MASSPIRG Education Fund.

Report | MASSPIRG Education Fund | Consumer Protection, Financial Reform

Big Banks, Big Complaints

New report by MASSPIRG Education Fund highlights banks that generated the most complaints through their various banking services in each state. Data from new CFPB consumer complaint data base.

News Release | MASSPIRG | Consumer Protection, Financial Reform

SENATE CONFIRMS CFPB DIRECTOR CORDRAY

Statement of Deirdre Cummings, Legislative Director for MASSPIRG, on the Senate Confirmation of Richard Cordray to Full Term as Consumer Financial Protection Bureau (CFPB) Director. Senators Warren and Markey vote for consumers.

 

2011-12 Legislative Scorecard

At the end of each 2-year legislative session, MASSPIRG grades state legislators' votes on key public interest issues.

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