The Capital One Financial settlement with U.S. regulators over deceptive marketing of credit card "add-on products" means a lot to all consumers, not just Capital One customers, according to consumer advocates.
Consumer advocate and Democrat Elizabeth Warren will enter the Massachusetts Senate primary for a shot at challenging incumbent Republican Scott Brown for his seat. Warren will formally declare she's running on Wednesday, Kyle Sullivan, a Warren spokesman, said. She plans to greet commuters in Boston and make other stops during the day across the state.
On Thursday, the Consumer Financial Protection Bureau officially opens for business. Even as the political fight continues over just how potent the agency will be, at root, its mission is to make clear the prices and risks of financial products and services. Here's where it will focus its early efforts: