President Barack Obama delivers remarks on the economy at Shaker Heights High School,Shaker Heights, Ohio, Jan. 4, 2012. Richard Cordray, former Ohio Attorney General and nominee as director of the Consumer Financial Protection Bureau shares the stage with the President. (Official White House Photo by Chuck Kennedy) President Obama was in Shaker Heights, Ohio this […]
President Barack Obama delivers remarks at the Consumer Financial Protection Bureau in Washington, D.C., Jan. 6, 2012. CFPB Director Richard Cordray, left. (Official White House Photo by Pete Souza) Two days after appointing Richard Cordray to head the Consumer Financial Protection Bureau, President Obama headed over to the CFPB offices to help staff welcome their […]
President Barack Obama participates in a discussion with, from left: Mr. William Eason; Richard Cordray, former Ohio Attorney General and nominee as director of the Consumer Financial Protection Bureau; Mrs. Endia Eason; and Deonna Kirkpatrick, Communications Director ESOP (Empowering and Strengthening Ohio’s People), at the Eason home in Cleveland, Ohio, Jan. 4, 2012. (Official White […]
Earlier this week, President Obama appointed Richard Cordray to be the new director of the Consumer Financial Protection Bureau (CFPB). The CFPB is new organization with one important mission: fighting for American families. The folks at the CFPB go into the office every day to make sure that credit cards, mortgages, and loans work better […]
More than 14 percent of consumers have one or more debts in collection. Debt collection, the business of recovering money owed on these delinquent accounts, can create economic value, but it can also be a source of abuse against consumers. In fact, nearly 50 percent of complaints about debt collectors obtained under the Fair Debt […]
Ed. note: Today, at 3:00 p.m. EST, Brian Deese, Deputy Director of the National Economic Council, will hold a special session of "Office Hours" on Twitter moderated by Yahoo! Finance. Ask your questions about jobs and the economy now and during the live event on Twitter with the hashtag #WHChat. Today’s employment report shows that private sector […]
The Consumer Financial Protection Bureau (CFPB) is a central part of President Obama's historic Wall Street Reforms. Their job is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. Many people have […]
Today’s employment report provides further evidence that the economy is continuing to heal from the worst economic downturn since the Great Depression. It is critical that we continue the economic policies that are helping us to dig our way out of the deep hole that was caused by the recession that began at the end of […]
Today the President will appoint Richard Cordray to lead the Consumer Financial Protection Bureau. He has one important job: look out for the best interest of American consumers. He’ll work on behalf of millions of families across the nation to ensure they’re not being taken advantage of by debt collectors and credit reporting agencies. As […]
[Ed. Note: Watch Secretary of Commerce John Bryson unveil the report details live today from 10 am – noon] Today, the Commerce Department and the White House sent to Congress the Administration’s plan on The Competitiveness and Innovative Capacity of the United States, fulfilling an important requirement under the America COMPETES Reauthorization Act of 2010 which President Obama […]
