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Under Pressure, The Federal Reserve Goes Populist
While many people think of the Federal Reserve as an independent body set up by the banks to enrich themselves – and for the most part, it is – there are certainly ways to influence it in the proper...
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CFPB Launches Inquiry Into Overdraft Fees on Bank Accounts
The Consumer Financial Protection Bureau has sprung into action pretty decently since Richard Cordray was installed as director. CFPB has presented new, simple-to-read mortgage forms, and submitted a...
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Low Regulator Assertiveness Part of Problem With Mitigating Financial Risks
Jamie Dimon testifies before the Senate Banking Committee tomorrow, and this Bloomberg report should be a nice template for the Senators questioning him. It alleges that he was personally responsible...
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