“…the United States is still producing around $800 billion a year less in goods and services than it would if the economy were at full
Former Congressman Barney Frank testified before the House of Representatives Committee on Financial Services on Wednesday, arguing that the Dodd-Frank Wall Street Reform and Consumer Protection Act
Maiden Voyage. This is the very first of what hopefully will be a series of periodic newsletters. I am hedging when I say “periodic” –
How embarrassing! After galloping into town with six shooters blazing, the new sheriff, err, correction, the CFPB, or as they like to refer to themselves
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
Ever wonder why laws, rules and regulations keep growing, becoming more complex rather than less? Readers at this site know my feelings about Dodd-Frank (aka
As readers of this site know, I have no love lost for the Dodd-Frank Act. To review my prior rants, go to posts here and
Ludd·ite – noun \ˈlə-ˌdīt\: one of a group of early 19th century English workmen destroying laborsaving machinery as a protest; broadly : one who is opposed to especially technological
Has anyone wondered why it is that politicians are always diving for cover during a crisis, but the first to hold hearings and declare an
Introduction. The FAQs below come directly from the most recent CFPB guidelines for January 2014. Parts One and Two can be found here and here.
