Post Profile






Occupy Wall Street Wants The CFPB To Fix Our Credit Reporting System

The Alternative Banking group of Occupy Wall Street is looking to Richard Cordray, director of Consumer Financial Protection Bureau, to revamp our credit scoring system. In a letter sent last week, the group made 10 suggestions for what the CFPB should do as it takes over rule-making under the Fair Credit Reporting Act. Here's a quick look: Credit scores should be calculated using a model that is public and freely available.
read more

share

Related Posts


Obama has chosen Richard Cordray to lead Consumer Financial Protection Bureau

US Politics / Liberal : AmericaBlog.com (4 years ago)

The President passed over Elizabeth Warren to run the Consumer Financial Protection Bureau (CFPB), but has chosen one of her top aides: Richard Cordray. The "official" announcement will be made tomorrow, but the White House sent out...

Understanding Why Republicans Will Block Richard Cordray for the CFPB

Business & Finance / Economics : Rortybomb (4 years ago)

Elizabeth Warren is out, and former Ohio Attorney’s General and current Consumer Financial Protection Bureau Director of Enforcement Richard Cordray is in, for the nominee to head the Consumer Financial Protection Bureau (CFPB). Cor...

If CFPB Nominee Richard Cordray Is Not Confirmed, Obama Should Invoke The Roosevelt Precedent To Appoint Him

US Politics / Liberal : Think Progress (3 years ago)

Last year, Congress enacted a law creating a Consumer Financial Protection Bureau (CFPB) to protect ordinary Americans from some of Wall Street and the banking industry’s worst abuses, and the Senate is expected to vote on CFPB Dire...

Consumer Financial Protection Bureau Data-Mining Americans' Credit Card Transactions

Politics / US Politics : Big Government (2 years ago)

Consumer Financial Protection Bureau (CFPB) director Richard Cordray and his staff are planning to track four out of five U.S. consumer credit card transactions this year through a controversial new data-mining program. Richard Poll...

Occupy Wall Street Is Only Half Right About Credit Reform

Business & Finance / Personal Finance : Moneyland (3 years ago)

Do we really want to take financial advice from a bunch of kids living in tents? Surprisingly, we just might. Occupy Wall Street’s Alternative Banking Group last month wrote to Consumer Financial Protection Bureau chief Richard Cord...

Comments



Copyright © 2015 Regator, LLC