| Jul 17, 2013
| 9:53 AM
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were "beginning to...
| Jul 18, 2013
| 10:01 AM
WASHINGTON — Thomas E. Perez was confirmed as secretary of Labor on Thursday, ending a long battle over his nomination in a key test of this week’s deal to end a showdown over Senate rules.
Perez, currently the nation’s top civil...
| Jul 23, 2013
| 1:10 PM
WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans.
The suit marks the first time a company has been...
| Jun 11, 2013
| 4:00 AM
After years of consumers paying steep fees for overdraft protection that, in some cases, they didn't even ask for, the government stepped in three years ago. Now, banks must get consumers OK — or opt-in — before covering ATM and debit card...
| Aug 2, 2013
| 7:35 AM
WASHINGTON -- A federal judge has dismissed a lawsuit by a Texas bank, two free-market advocacy groups and 11 states against the Dodd-Frank Wall Street reform law, saying they did not show the likelihood of financial harm from the new government...
| Aug 20, 2013
| 2:31 PM
WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
| Sep 19, 2013
| 5:45 PM
Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau.
And he's still...
| Dec 16, 2013
| 6:34 PM
Federal regulators on Monday sued Anaheim online lender CashCall Inc., accusing the company of unlawfully collecting money from borrowers.
The Consumer Financial Protection Bureau said CashCall violated federal lending laws in at least eight states...
| Dec 19, 2013
| 4:39 PM
Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans.
Announced Thursday, the deal settles a federal complaint...
| Dec 20, 2013
| 11:19 AM
Ally Financial Inc., a former General Motors Corp. lending arm that taxpayers bailed out during the financial crisis, will pay $98 million to settle federal government allegations that car dealers overcharged blacks, Latinos and Asians for Ally’s...
| Dec 24, 2013
| 8:54 AM
Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday.
American Express Travel...