financial institutions

Trump’s Coup on Consumer Protection

November 27, 2017

The Consumer Financial Protection Bureau is in limbo as two people claim to be its new acting director. The outgoing head tapped Leandra English as his successor, but Donald Trump then appointed Mick Mulvaney, who has called the CFPB a “sick, sad” joke

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”

Too-Big-To-Fail Advantage Remains Intact For Big Banks

March 26, 2014

PERI Economist Gerald Epstein says U.S. banks won’t be able to endure another shock to the global economy, and expect to be bailed out when the next crisis hits

Ex-Employees Say Bank of America Rewarded Fraudulent Foreclosures

June 20, 2013

Bill Black: Bank of America and other financial giants undeterred by Obama Admins weak oversight and enforcement of industry

Why Turkey Wants Normalization with Israel

March 25, 2013

Baris Karaagac: Israeli apology is a propaganda victory for Turkish Prime Minister Erdogan; NATO member Turkey needs Israeli alliance to solidify role as regional power broker

Obama: Rhetoric or New Direction?

January 29, 2013
James S. Henry commenting on PBS documentary “The Untouchables”: If one of these institutions was indicted and made an example of, it would have a profound affect on the whole industry – but Obama raises money on Wall St.