Consumer protection and advocacy

June 20, 2017 - 9:23 pm
AUGUSTA, Maine (AP) — The nation's largest servicer of federal student loans has lobbied against states' efforts to license student loan servicers in Maine and elsewhere this year as it seeks to become the nation's single servicer of student loans under a plan backed by U.S. Education Secretary...
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FILE - In this undated photo provided by the family on Saturday, June 10, 2017, Joshua Barre, who was fatally shot by two Tulsa County, Okla. deputies and a police officer on Friday, June 9, 2017, is pictured. In the week since 29-year-old Joshua Barre was fatally shot, the mentally troubled man's family has criticized local law enforcement officers for allowing Barre to walk nearly a mile from his yard to a convenience store, carrying two butcher knives, without somehow intervening. (Nyesha Barre via AP, File)
June 17, 2017 - 4:08 pm
TULSA, Okla. (AP) — The killing of a mentally ill black man last week by officers in Tulsa, Oklahoma has prompted a familiar outcry, along with questions about when and how officers should intervene in such cases. Joshua Barre's mental health had been spiraling out of control and sheriff's deputies...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 12:05 pm
WASHINGTON (AP) — House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 10:34 am
WASHINGTON (AP) — House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 4:29 am
WASHINGTON (AP) — Democratic lawmakers will attempt to protect the independence of a consumer watchdog unit as Republicans move forward with an overhaul of the nation's financial regulatory laws. House Republicans are working to undo much of the 2010 Dodd-Frank law that put the stiffest...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 4:28 am
WASHINGTON (AP) — Democratic lawmakers will attempt to protect the independence of a consumer watchdog unit as Republicans move forward with an overhaul of the nation's financial regulatory laws. House Republicans are working to undo much of the 2010 Dodd-Frank law that put the stiffest...
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FILE - In this Tuesday, March 22, 2016, file photo, House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, speaks to Treasury Secretary Jacob Lew on Capitol Hill in Washington, as Lew testified before the committee's hearing on the state of international finance. Emboldened by a business-friendly president, Republicans in Congress are moving to unwind the Dodd-Frank law, the stricter regulations that took effect after the 2008 financial crisis and Great Recession. The sweeping legislation rolled out by Hensarling, a Texas Republican who is Dodd-Frank's fiercest foe and heads the House Financial Services Committee, could dismantle the financial law. (AP Photo/Jacquelyn Martin, File)
April 25, 2017 - 2:42 pm
WASHINGTON (AP) — Emboldened by a business-friendly president, Republicans in Congress are moving to unwind the stricter regulations that took effect after the 2008 financial crisis and Great Recession. A House committee takes up legislation Wednesday that would defang the tighter rules. While...
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FILE - In this Wednesday, Oct. 7, 2015, file photo, Consumer Financial Protection Bureau Director Richard Cordray listens to a speaker during a a hearing in Denver. State and federal authorities are suing Ocwen Financial Corp., saying the mortgage servicing company botched the handling of millions of mortgage accounts. The Consumer Financial Protection Bureau said Thursday, April 20, 2017, that Ocwen generated errors in borrowers' accounts, failed to credit payments, illegally foreclosed on homeowners, and charged borrowers for add-on products without their consent. Ocwen is one of the nation's largest non-bank mortgage lenders. (AP Photo/Brennan Linsley, File)
April 20, 2017 - 3:38 pm
NEW YORK (AP) — State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts. The action sent Ocwen's shares plunging about 50 percent. The Consumer Financial Protection Bureau said Thursday that the...
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April 20, 2017 - 2:24 pm
MILAN (AP) — A longtime Telecom Italia employee has been awarded monthly social security payments after a court found that his brain tumor was caused by improper use of a company-issued cellphone. Lawyer Stefano Bertone said Thursday that it was the first trial court verdict of which he was aware...
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April 09, 2017 - 7:37 pm
NEW YORK (AP) — Oreo cookie maker Mondelez is thinking about replacing longtime CEO Irene Rosenfeld, according to a report in the Wall Street Journal. The report says Mondelez's board has discussed possible replacements for Rosenfeld, who is also chair of the company, and hired a recruiting firm to...
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