The Agenda

The Agenda
Share

The Agenda

 •  April 12

In a moment four months in the making, Sen. Elizabeth Warren (D-Mass.) on Thursday will get her first face-to-face crack at the man accused of dismantling her brainchild in what's likely to be an intensely personal showdown. CFPB acting Director Mick Mulvaney’s hearing at the Senate Banking Committee will be his second Hill appearance of the week....

The Agenda

 •  April 9

Dozens of lawmakers will get their chance starting Tuesday to grill Facebook CEO Mark Zuckerberg in public — but they will need to get creative to pin him down about the data privacy scandal embroiling the company. The 33-year-old Zuckerberg has been on a whirlwind public relations tour in recent days, apologizing repeatedly for what he calls a...

The Agenda

 •  March 29

First comes the news of yet another improper leak of personal data. Then the outrage and investigations in Washington, the calls for a chastened CEO to testify in front of Congress, the cries for tough news laws and regulations to protect people’s privacy. Then, typically, nothing much happens. The Facebook privacy scandal could turn out...

The Agenda

 •  November 28, 2017

A U.S. District Court judge in Washington has ruled in favor of the Trump administration in its bid to install White House Budget Director Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. Leandra English, who was named last week as acting director by outgoing CFPB chief Richard Cordray, had sought a temporary...

The Agenda

 •  October 30, 2017

Consumer Financial Protection Bureau Director Richard Cordray made a personal appeal to President Donald Trump to veto a congressional override of a landmark arbitration rule that allows consumers to bring class action suits against financial firms. In a letter to the president, Cordray said consumers should have the right to bring lawsuits just...

The Agenda

 •  October 19, 2017

Lies and damned lies are usually avoided in polite company. Which brings us to statistics — and an escalating public duel between Richard Cordray and Keith Noreika. In an ideological showdown disguised as a math spat, the financial regulators — one an Obama appointee and the other a Trump pick — are brawling over probability, regression and coin...

The Agenda

 •  October 12, 2017

Who owns the information in your bank account? Transactions, balance history, every other detail? The answer might seem obvious: You do. “You don’t. You totally don’t,” says Ed Mierzwinski, Consumer Program Director and Senior Fellow for the U.S. Public Interest Research Group. Yes, it’s your money. But the data, from savings balances to your...

The Agenda

 •  October 6, 2017

The Consumer Financial Protection Bureau will require payday lenders to verify income and take other steps to protect borrowers, issuing a long-awaited rule that has become tangled in a tug of war over Director Richard Cordray’s future. The rule limits how often a lender can attempt to debit a borrower's account, a practice that can rack up bank...

The Agenda

 •  October 3, 2017

The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week, even as lawmakers lash the embattled company about a massive security breach that exposed personal information of as many as 145.5 million Americans. A contract award for Equifax's data services was posted to the...

The Agenda

 •  September 13, 2017

The massive data breach at Equifax is threatening to obstruct the financial industry's latest push to relax government regulations, a campaign that has already been in doubt after a series of scandals affecting millions of Americans. In the House, the author of a bill that would cap damages available to consumers who have suffered wrongdoing under...