by Mallory Hughes & Jenny Leonard | Dec 5, 2011 | Business & Tech
WASHINGTON – Thrown in the middle of a heated political battle, a new federal agency formed to protect consumers is facing the new year without a chief director. The Consumer Financial Protection Bureau began operating under the Federal Reserve Board last July. It was...
by Matt Mansfield | Dec 2, 2011 | Business & Tech, Environment
WASHINGTON – A controversial pipeline from Canada that the White House delayed last month would bring jobs and increase energy security in the United States, industry and union leaders said Friday. “Time is absolutely of the essence to obtain the approvals we need so...
by Matt Mansfield | Dec 1, 2011 | Business & Tech, Politics
WASHINGTON – Congressional legislation that would deregulate the peer-to-peer lending market may result in a rapid expansion of the already booming industry. The peer-to-peer market is based on a model of crowdfunding – the idea that borrowers can raise money through...
by Matt Mansfield | Dec 1, 2011 | Business & Tech
WASHINGTON – Congressman Barney Frank is leaving hefty shoes to fill when he retires after 2012. The 16-term Massachusetts Democrat co-wrote the Dodd-Frank Act of 2010, the most sweeping financial reform law since the Great Depression. With Frank – and former...
by Matt Mansfield | Nov 28, 2011 | Business & Tech
The acronyms COPPA, SOPA and ECPA may sound foreign, but the legislation they represent hits close to home for many.