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    May 23, 2013 |Story| Los Angeles Times

  1. Elizabeth Warren to pen new book -- a middle-class call to arms?

    A book can’t rescue the American middle class. But a lot of politicians who say they want to rescue the American middle class are writing books about their travails and their vision — all timed to come out as the 2016 presidential election machinery kicks into gear.
    A book can’t rescue the American middle class. But a lot of politicians who say they want to rescue the American middle class are writing books about their travails and their vision — all timed to come out as the 2016 presidential election...

    Tags: Politics, Tea Party Movement, Book, Political Fundraising, U.S. Senate

    2. May 21, 2013 |Story| Los Angeles Times

  2. Reid to delay Senate votes on most Obama nominees until July

    WASHINGTON — Senate Majority Leader Harry Reid said Tuesday that he will delay votes on several of President Obama’s nominees for key posts until July, a decision raising the prospect that he’ll seek further changes to Senate rules...

    Tags: U.S. Environmental Protection Agency, Jeff Merkley, Mitch McConnell, George W. Bush, Thomas Edward Perez

    3. May 18, 2013 |Column| Allentown Morning Call

  3. Another payday loan debate on the horizon

    Get ready for another debate on whether payday loan stores should return to Pennsylvania. State Sen. Pat Browne of Allentown said Friday he intends to introduce legislation in the next few weeks that would "redefine the debate" over access to short-...

    Tags: Bill Harris, Allentown, Delaware County, Money and Monetary Policy, Loans

    4. May 20, 2013 |Story| Aberdeen News

  4. Column: Obama accelerates loss of trust

    WASHINGTON — Leaving aside the seriousness of lawlessness, and the corruption of our civic culture by the professionally pious, this past week has been amusing. There was the spectacle of advocates of an ever-larger regulatory government...

    Tags: Global Change, U.S. Department of Health and Human Services, Global Warming, U.S. Congress, Career and Workplace

    5. May 13, 2013 |Column| Orlando Sentinel

  5. Will Dodd-Frank save (or stifle) capitalism?

    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the "London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...

    Tags: Christopher Dodd, Federal Deposit Insurance Corporation, Financial Markets, Justice System, Franklin Delano Roosevelt

    6. May 17, 2013 |Story| Los Angeles Times

  6. Short sales routinely show up in credit reports as foreclosures

    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...

    Tags: Federal Housing Administration, Foreclosures, Finance, Economy, Business and Finance, Mortgages

    7. May 15, 2013 |Story| Los Angeles Times

  7. Nuking the filibuster

    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to thwart individual nominees but to undermine laws they don't agree with. If they continue in their obstructionism, Senate Majority Leader Harry Reid (D-Nev.) should revisit the possibility of doing away with the filibuster for nominations.
    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to...

    Tags: Harry Reid, U.S. Congress, Career and Workplace, Politics, Parties and Movements

    8. May 10, 2013 |Story| Los Angeles Times

  8. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: U.S. Senate Committee on Banking, Housing, and Urban Affairs, Boston Marathon Bombing (2013), Sports, Litigation and Regulation, Federal Reserve

    9. Apr 30, 2013 |Blog| baltimoresun.com

  9. CFPB revises CARD Act rules, making it easier for stay-at-home mates to get credit

    baltimoresun.com
    The Consumer Financial Protection Bureau has revised rules on the 2009 CARD Act, paving the way for non-working spouses and partners to qualify for credit cards....
    10. Apr 17, 2013 |Story| Aberdeen News

  10. Column: Political kin and politically dangerous

    WASHINGTON — The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to...

    Tags: Environmental Politics, U.S. Environmental Protection Agency, Government Debt, U.S. Congress, Finance

    11. Apr 29, 2013 |Column| Los Angeles Times

  11. Tribes' payday loans under scrutiny

    A growing number of Indian tribes are getting into the payday loan business, saying they just want to raise revenue for their reservations while helping cash-strapped consumers nationwide.
    A growing number of Indian tribes are getting into the payday loan business, saying they just want to raise revenue for their reservations while helping cash-strapped consumers nationwide. But federal officials suspect that, at least in some cases,...

    Tags: Federal Trade Commission, Jeff Merkley, Justice System, Litigation and Regulation, Trials

    12. Apr 29, 2013 |Story| Orlando Sentinel

  12. Signs of grown-ups in charge

    WASHINGTON -- Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision.
    WASHINGTON -- Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess...

    Tags: Max Baucus, Fuel-efficient Vehicles, Ron Wyden, U.S. Congress, Parties and Movements

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