Tag: maxine waters

Rep. Maxine Waters seeks to protect consumers with ‘Megabank’ bill

Rep. Maxine Waters seeks to protect consumers with ‘Megabank’ bill

| October 19, 2017

By Freddie Allen (Editor-In-Chief, NNPA Newswire) In an effort to rein in financial institutions that have track records for harming consumers, Rep. Maxine Waters (D-Calif.) recently unveiled The Megabank Accountability and Consequences Act (H.R. 3937). The new bill would require, “prudential banking regulators, such as the Office of the Comptroller of the Currency, the Federal […]

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CBC, state AGs, consumer advocates stand up to CFPB foes

CBC, state AGs, consumer advocates stand up to CFPB foes

| February 7, 2017

Lawmakers, lobbyists attack consumer protection agency By Charlene Crowell (NNPA Newswire Columnist) As a new Congress and White House begin their respective governmental roles, a still-growing cadre of supporters and opponents are focusing on the future of the Consumer Financial Protection Bureau (CFPB). Ironically, Capitol Hill’s ongoing regulatory tug-of-war is really not a partisan issue […]

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