Consumer protection and advocacy

Supreme Court nominee Judge Brett Kavanaugh smiles during a meeting with Sen. Mike Lee, R-Utah, a member of the Judiciary Committee, on Capitol Hill in Washington, Wednesday, July 18, 2018. The Senate GOP leadership wants to have the confirmation process for Kavanaugh completed in time for him to join the high court at the start of its new term in October. (AP Photo/J. Scott Applewhite)
July 18, 2018 - 4:57 pm

Democrats fault Kavanaugh comment on independent counsel law

WASHINGTON (AP) — Democrats opposing Supreme Court nominee Brett Kavanaugh's nomination are seizing on remarks he made in 2016 saying he would like to put the "final nail" in a Supreme Court precedent upholding an independent counsel law as constitutional. Republicans are pushing back, saying...
Read More
EU Commissioner Margrethe Vestager holds a press conference on a Competition Case involving Google Android at the European Commission building, in Brussels on Wednesday, July 18, 2018. he European Union's antitrust chief has fined Google a record $5 billion for abusing the market dominance of its Android mobile phone operating system. (AP Photo/Olivier Matthys)
July 18, 2018 - 4:11 pm

EU fines Google a record $5 billion over mobile practices

BRUSSELS (AP) — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion Wednesday for forcing cellphone makers that use the company's Android operating system to install Google search and browser apps. The European Union said Google's practices...
Read More
July 18, 2018 - 2:20 pm

US judge throws out suit over health subsidy cuts

SAN FRANCISCO (AP) — A U.S. judge in San Francisco has thrown out a lawsuit over the Trump administration's decision to cut Affordable Care Act subsidies. The ruling by Judge Vince Chhabria on Wednesday came after California and other states that sued said a workaround was largely succeeding in...
Read More
File - In this March 23, 2017, file photo, health care professionals join hundreds of people marching through downtown Los Angeles protesting President Donald Trump's plan to dismantle the Affordable Care Act. California and 17 other states that sued the Trump administration over its decision to cut off Affordable Care Act subsidies say a workaround has largely succeeded. The assessment came in a court filing late Monday, July 16, 2018, in which the states asked U.S. Judge Vince Chhabria to put their lawsuit on hold. (AP Photo/Reed Saxon, File)
July 17, 2018 - 4:50 pm

States: Workaround succeeding after cut in health subsidies

SAN FRANCISCO (AP) — A workaround by states to counter Trump administration cuts to Affordable Care Act subsidies has largely succeeded in protecting consumers from higher costs, California and 17 other states said. The assessment came late Monday in a court filing asking U.S. Judge Vince Chhabria...
Read More
July 16, 2018 - 7:01 am

Financial forum: Virtual currencies need close monitoring

FRANKFURT, Germany (AP) — An international forum on financial regulation say virtual currencies such as bitcoin do not pose a threat to global stability but require "vigilant monitoring" as the market is changing rapidly. The Financial Stability Board added that that the highly volatile currencies...
Read More
July 12, 2018 - 6:29 pm

Watchdog says Education Dept. stonewalls student loan suit

NEW YORK (AP) — The nation's consumer watchdog agency is accusing the Education Department of impeding a lawsuit that could potentially bring financial relief to millions of student loan borrowers. The Consumer Financial Protection Bureau is suing Navient Solutions, alleging one of the nation's...
Read More
July 06, 2018 - 3:35 pm

Leandra English, who sued Trump, to resign from CFPB

NEW YORK (AP) — Leandra English, who sued President Donald Trump for control of the Consumer Financial Protection Bureau as deputy director of the bureau, is planning to resign early next week. English was one of the last Obama administration holdovers left at the bureau, and was appointed deputy...
Read More
June 22, 2018 - 4:37 pm

Utility-backed measure drawing criticism heads toward vote

HARRISBURG, Pa. (AP) — Gov. Tom Wolf plans to sign legislation that Pennsylvania's electric and gas utilities say will help them recoup costs more quickly, but consumer advocates warn that it erodes protection for people and businesses against higher rates. Wolf's office said Friday that he'll sign...
Read More
June 21, 2018 - 12:52 pm

Judge: Consumer finance agency unconstitutionally set up

NEW YORK (AP) — A New York federal judge says the U.S. government's beleaguered consumer finance watchdog agency is unconstitutionally structured. Judge Loretta Preska in Manhattan reached the conclusion about the Consumer Financial Protection Bureau in a written decision issued Thursday. She said...
Read More
June 20, 2018 - 11:17 am

Utility-backed measure drawing criticism heads toward vote

HARRISBURG, Pa. (AP) — Legislation that Pennsylvania utilities say will help them recoup costs more quickly is heading toward a final vote in the state Senate, but consumer advocates warn that it lacks protection for people and businesses. Tanya McCloskey, Pennsylvania's acting consumer advocate,...
Read More

Pages