What’s high on the hit list in Washington DC today? The new Consumer Financial Protection Bureau, which was created to defend you from lying and predatory lenders. The financial industry hates the bureau and wants it gone. Their lobbyists and legislators couldn’t stop it from being enacted into law. Now, they’re trying to cripple it [...]
What Jane Says: Consumer Rights
Are you planning on filing your last-minute tax returns electronically? Make sure that a crook isn’t secretly looking over your shoulder while you’re online. “The bad guys are always surfing for mistakes,” says Fred Touchette, senior security analyst for AppRiver, an Internet security company. “The weakest link in computer security is usually the individual user.”
The [...]
- Huge New Email Breach: 8 Ways to Protect Yourself
- POSTED 04.11.11
Opt out of marketing data bases! Do it now! And don’t give out any personal information in response to an email, even if it appears to come from your bank or favorite store.
Another major hacker attack last week exposed the names and emails of millions of consumers to cyber criminals — and [...]
- The House slashes consumer protection. Is it obeying the law?
- POSTED 02.25.11
Has Congress found a way to exert its political will on the supposedly independent Federal Reserve Board? And, in the process, murder the infant Consumer Financial Protection Bureau?
If so, say goodbye to future, broad actions to save consumers from credit card and other financial abuse, including the enforcement of current laws. Government action against deception [...]
Can the Republicans de-fund the Consumer Financial Protection Bureau? The answer is no – at least, not as the law stands now. As far as is possible, Congress sheltered the bureau from hostile political interference.
Supporters of the law took a lesson from what happened at the Securities and Exchange Commission, when financial lobbyists poured cash [...]
