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Washington Payday LoansWASHINGTON — The House of Representatives passed legislation Friday designed to bring the most sweeping rewrite of financial regulation since the New Deal era following the Great Depression. The legislation would, among other things, create a ... Read more
New New Deal: House passes sweeping financial regulation - Biloxi Sun HeraldWASHINGTON The House of Representatives passed legislation ... which would be a new stand-alone agency to regulate consumer credit products such as credit cards, mortgages and payday loans. This panel addresses most of the shortcomings in the housing ... Read more
House passes sweeping financial regulation - Tri-City HeraldWASHINGTON (AP) - House Democrats head into the final ... creates a Consumer Finance Protection Agency that would oversee consumer lending — mortgages, credit cards, payday loans and terms on savings accounts. It would take consumer regulation and ... Read more
Proposed Wall Street rules scaled back - WLFI.comCreate a Consumer Financial Protection Agency to regulate consumer credit products such as mortgages, payday loans and credit cards. Addressing one of the key failures in the recent financial crisis, the act also would create a so-called Resolution ... Read more
House weighs financial revisions - Columbus DispatchFinancial institutions, both banks and nonbanks; homeowners, borrowers and credit card holders; insurance companies; hedge ... Protection Agency that would oversee consumer lending — mortgages, credit cards, payday loans and terms on savings ... Read more
Questions and answers on House bill to overhaul Wall Street ... - Washington Examiner(AP) — The House pushed forward Thursday with legislation for governing Wall Street in what would be the biggest overhaul of laws covering banks and other financial institutions since the New Deal. Lawmakers hope to finish the bill on Friday ... Read more
Highlights of Wall Street regulation bill - Syracuse Post-StandardNot much time for reckoning today, dear reader. Bill is traversing the globe somewhere and your managing editor is about to board a plane. Still... Dollar in, risky Mediterranean debt out. At least, that's what the markets were indicating earlier ... Read more
The Credit Crunch Continues - HoweStreet.comWASHINGTON — Roughly 15 months after the global financial ... Create a Consumer Financial Protection Agency to regulate consumer credit products such as mortgages, payday loans and credit cards. Addressing one of the key failures in the recent ... Read more
House begins debate on sweeping financial regulation - McClatchyThis demand is expressed in their slogan: "Ten Percent Is Enough." The campaign seeks a legal ceiling of ten percent imposed the interest rates for credit cards and predatory practices like "payday loans." Ten percent approximates the old ceiling on ... Read more
Stop Usury Now - NationTreasury Secretary Timothy Geithner listens at the opening of President Barack Obama's jobs summit, officially known as the Jobs and Economic Growth Forum, Thursday, Dec. 2009, in the Eisenhower Executive Office Building on the White House campus in ... Read more
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