Tag Archives: Dodd-Frank

The hijacking of the Consumer Financial Protection Bureau

There’s so much I want to talk about right now… the failed attempt on the part of Project Veritas to trick the Washington Post into running a fake story about Roy Moore’s fondness for child rape; the fact that our President couldn’t help but make a racist joke today while honoring Navajo ‘code talkers’ for […]

Posted in Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

Pete Larson on the financialization of agricultural commodities

One of our regular contributors, my old friend Pete Larson, who many of you had the pleasure of seeing perform at this site’s 10th anniversary party a few weeks ago, is going to be speaking in Ann Arbor on Thursday about the financialization of agricultural commodities. I took the occasion to ask him a few […]

Posted in Agriculture, Economics | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 14 Comments

Republicans use most recent JPMorgan scandal to demonstrate folly of regulation, instead of criminal corporate behavior

There’s a great piece in the Washington Post today about Republicans in the Senate, and how they seem determined to focus their wrath not on the individuals at JPMorgan who were recently caught engaging in risky, irresponsible stock trades, but on those federal regulators who didn’t somehow foresee these actions and stop them from happening. […]

Posted in Politics | Also tagged , , , , , , , , , , , , , , , , , , , | 4 Comments

Republicans gut Dodd Frank Act, killing efforts to protect American citizens from financial industry abuse

On July 21, 2010, President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act into law. The legislation, written by Congressman Barney Frank, and Chairman of the Senate Banking Committee Chris Dodd, promised to be the most comprehensive financial reform to be undertaken since the Great Depression. As with the Glass-Steagall Act, […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments

Elizabeth Warren… the woman who knew too much

Vanity Fair has a great feature on the troubled history of the Customer Financial Protection Bureau, and the forces on Wall Street, in Congress, and inside the White House that ultimately alligned against Elizabeth Warren, the Harvard Law professor who had created the ambitious new agency charged with protecting the American people from the predatory […]

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