Highlights
A collection of news and information related to Richard Cordray published by this site and its partners.
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Bank overdraft programs may cost you
I've warned before that signing up for overdraft protection from your bank is a waste of money. If you would just balance your checkbook and stop spending when you run out of cash, you wouldn't have to pay overdraft fees. But many people are unable or...Tags: U.S. Consumer Financial Protection Bureau, Media Industry, Banking, Allentown, Consumers
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The Fed's not-so-golden rule
RICHMOND, Va. -- A display case in the lobby of the Federal Reserve Bank here might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Minted in 1952, when the price of gold was $35 an ounce, the bar was worth about...Tags: Federal Reserve, U.S. Consumer Financial Protection Bureau, Barack Obama, Elections, Economic Policy
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Congress Should Dismantle Consumer Bureau
The Hartford CourantThere can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the CFPB would affirm the...Tags: Federal Reserve, U.S. Consumer Financial Protection Bureau, Barack Obama, Patient Protection and Affordable Care Act, Finance
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Credit settlement spurs refund for cardholders
If you have a credit card, watch closely. About 6 million credit card users are going to receive money back on their cards. And it doesn't matter if you have a rewards card or not. The reward you are about to get is unique. It's supposed to make up...
Tags: U.S. Consumer Financial Protection Bureau, Sales, Elizabeth Warren, American Express Company, Credit and Debt
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Credit card complaints made public
With the economy still gasping for air, big banks remain popular targets for consumer outrage. People are ticked off at paying new fees. They're frustrated at being unable to modify their mortgages. For the first time, the public can get a limited...Tags: U.S. Consumer Financial Protection Bureau, Media Industry, Credit and Debt, Money and Monetary Policy, Finance
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President Barack Obama's "An America Built to Last" State of the Union Address
Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans:
Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to...Tags: Defense, Hillary Clinton, Instrument Engineering, Fraud, Natural Resources
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An imperial sham
Tribune Media ServicesSenate Majority Leader Harry Reid, a man whose political success is largely attributable to the aura of befuddled incompetence he uses to disarm his adversaries, was a failed Watergate baby. In 1974, a slew of often sanctimonious and very liberal...Tags: U.S. Consumer Financial Protection Bureau, Federal Reserve, Barack Obama, Parties and Movements, Elections
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Credit report complaints now publicly available
Watchdog with Paul MuschickA federal agency has added complaints about credit reports to its growing public database of complaints about financial matters. You can search the database to see if other people are having the same problems as you, and whether they were...... -
Political stalemate continues on Consumer Financial Protection Bureau
Watchdog with Paul MuschickThe Consumer Financial Protection Bureau has a director only because the president went around Congress and seated Richard Cordray through a recess appointment. Cordray, a former Ohio attorney general, was up for nomination again today, and the... -
Capital One to refund $150 million to customers
Watchdog with Paul MuschickLast week it was Wells Fargo that was in trouble with the feds. Today, it's Capital One. Two federal agencies announced that 2.5 million customers will share about $150 million in refunds because the bank deceptively sold credit card services...... -
American Express: Maybe you should leave home without it
Watchdog with Paul MuschickAmerican Express is the latest bank to be accused of illegal credit card practices. Some cardholders may be entitled to refunds. The Consumer Financial Protection Bureau said today it issued orders requiring three American Express subsidiaries to refund...
Jun 15, 2013
|Column| Allentown Morning Call
Feb 28, 2013
|Column| Orlando Sentinel
Nov 16, 2012
|Column| Hartford Courant
Oct 12, 2012
|Column| Chicago Tribune
Jun 20, 2012
|Column| Allentown Morning Call
Jan 20, 2012
|Column| South Florida Sun-Sentinel
Jan 24, 2012
|Column| WXIN-LTV
Jan 6, 2012
|Column| Tribune Media Services
Jun 11, 2013
| Allentown Morning Call
Mar 12, 2013
| Allentown Morning Call
Jul 18, 2012
| Allentown Morning Call
Oct 1, 2012
| Allentown Morning Call
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