The DC Federal Circuit Court of Appeals ruled on Tuesday that the structure of the Consumer Financial Protection Bureau (CFPB), the Wall Street financial watchdog that is the brainchild of Sen. Elizabeth Warren (D-MA), is unconstitutional.
The following scenario is all too familiar to consumers when they are shopping around for the best hotel deal. You begin your search as many consumers do, by logging onto your favorite hotel booking site to find a hotel in a great location at an affordable price. After a little research, you settle on the perfect hotel that is near the action, but far enough away that it fits into your budget.
"It’s the economy, stupid!" Those four words allegedly won Bill Clinton the Oval Office in 1992 when the U.S. was going through a recession and incumbent President George Bush was facing high unpopularity numbers. "It’s the economy, stupid" was coined by political guru James Carville and is echoing in my ears right now as we read the wildly encouraging headlines this morning showing that wages and living standards are increasing and hunger and poverty dropping in the United States.
It’s been nearly a year since the U.S. Department of Agriculture (USDA) and the Environmental Protection Agency (EPA) announced a national goal to cut U.S food waste in half by 2030. Since then, we have seen leaders from across the food supply chain, as well as non-profit, industry and government sectors, make impressive progress towards achieving this goal. NCL has been working hard to identify strategies for consumers who want to be part of this national movement. So, NCL is pleased that the United States Conference of Mayors recently committed to a set of resolutions that will strengthen food waste reduction plans within municipalities.
Since its inception five years ago, the Consumer Financial Protection Bureau (CFPB) has worked tirelessly to protect consumers from deceptive and abusive financial practices through its implementation of rules, programs, and new protective financial tools. For the past three years, under the direction of Richard Cordray, former Attorney General of Ohio, the CFPB has handled over 900,000 consumer complaints with 97 percent of those complaints receiving timely replies. Over 25 million consumers will receive over $11.4 billion in relief from CFPB enforcements.