consumers

Trump CFPB Plans Obscene Change to Payday Lender Rule

January 15, 2019

William K. Black, January 14, 2019     Bloomington, Mn Kate Berry, the American Banker reporter that covers consumer financial protection, has written another important article about the continuing horror story of Trump’s increasingly successful efforts to pervert the Consumer Financial Protection Bureau (CFPB) into an agency dedicated to harming consumers and protecting our Nation’s most predatory…

The Rise and Fall of the Stock Market: What to Expect

February 8, 2018

Economist Dean Baker says that after such a sharp run-up in stock prices, “it really shouldn’t be a surprise to anyone that you’re going to see some downturn in the market”

Trump’s CFPB Pick Will Likely Spell Bad News for Consumers

November 17, 2017

The good news is that President Trump has been slow to nominate heads for regulatory agencies, says white-collar criminologist Bill Black. The bad news is that Trump will pick someone eventually to replace Richard Cordray

Wall Street Wins as Senate Blocks Consumer Protection Rule

October 25, 2017

The Senate voted 51-50 to repeal a rule that would have made it easier for consumers to sue the financial institutions that defraud them. The move is “outrageous,” says white-collar criminologist Bill Black. “It should be a national scandal, and require resignations in disgrace”

The Black Financial and Fraud Report

July 14, 2017
Former financial regulator Bill Black offers bankers a challenge: Step forward if you support the new rule issued by The Consumer Financial Protection Bureau allowing consumers to bring about class-action litigation against banks who defraud them

23 Things They Don't Tell You About Capitalism

December 11, 2013
Matthew Fox and Luke Hansen discuss Pope Francis’ recent anti-capitalist rhetoric and whether there will be any changes to the church’s economic practices

1 out of 3 Bank Tellers in NY on Public Assistance

December 5, 2013

New report finds bank executives receive big bonuses, while 39% of frontline bank employees must rely on welfare because of insufficient wages

Michigan Anti-Union Law Drafted by ALEC

December 4, 2013
Google’s progressive image is being questioned after it contributed funds to conservative groups like ALEC and Heritage Action

Wikileaks Exposes the TPP as a Capitulation to Corporate Interests

November 14, 2013

Kevin Zeese: Obama administration’s Fast Track authority plan derailed by bipartisan outrage.

Fossil Fuel Industry Receives $500 Billion in Subsidies by Governments Worldwide

November 11, 2013

Taxpayers in richest countries pay $112 to subsidize oil, gas, and coal companies.