As the debate heats up over Elizabeth Warren to head the Consumer Financial Protection Bureau, I took a step out on my own. I got a divorce. I am no longer a wholly owned subsidiary of Wells Fargo Bank. more »
WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the bank was Bank of America (BofA). more »
“Hundreds of job-creating projects are still on hold because Michigan businesses and entrepreneurs cannot get bank financing. We can break the credit crunch and beat Wall Street at their own game by keeping our money right here in Michigan and investing it to retool our economy and create jobs.” more »
It's really unbelievable. The way that Goldman Sachs keeps sticking its foot in it is simply unbelievable. Let's not review their gross profits and bonuses or their many failed PR schemes to gloss over unseemly profits (a practice we have dubbed "greedwashing"). Let's simply recap this week's news.
The Campaign for America’s Future today applauded the Senate for overwhelmingly passing H.R. 627, the Credit Cardholders’ Bill of Rights Act of 2009, by a vote of 90-5.
Help us spread the word about these important stories...
A bill that will clamp down on some of the most egregious practices of credit card companies is rushing toward final passage in the Senate, and the industry—and its conservative buddies—are gearing up for retaliation.
For example, one conservative group has already said that if this bill is signed into law, more black people will be denied credit cards. more »
In response to Dean Baker: I would like to see the White House and the Congress working toward a comprehensive regulatory overhaul this very minute. What I don’t think we should do is rush the reform process through as an explicit response to this crisis.
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In response to Dean Baker: I would like to see the White House and the Congress working toward a comprehensive regulatory overhaul this very minute. What I don’t think we should do is rush the reform process through as an explicit response to this crisis. 
