Elizabeth Warren

In a year saturated with big financial headlines, identifying the fiscal heroes and villains is bound to be an exercise in oversimplification. But DailyFinance is going to try: Herewith, we present our picks for the best and the worst of 2011.

Earlier this week, Rep. John Fleming (R-La.) complained that he only netted $600,000 in 2010, and thus couldn't afford to pay higher taxes: "Class warfare never created a job," said Fleming. Former Obama administration official Elizabeth Warren, now running for the Senate, is ready with the counter-argument.

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 effort.

Here's a look at what's happening in the world of business Monday, July 18. No More Debt Ceiling, Moody's Shouts It appears that we here at the Financial Landscape are not the only ones sick to death of the debt ceiling debate: Even the good people of the ratings agency Moody's (MCO) -- who,...

Members of America's military face threats around the world every day, but it's a domestic threat that has the top brass on the offensive on the home front -- predatory lenders. Here's how the Department of Defense is fighting back.

The Obama administration official assembling the new federal agency overseeing credit cards, mortgages and other financial products is rebuffing banking industry claims that the agency is too powerful and lacks accountability. Elizabeth Warren, who is putting together the Consumer Financial...

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks' Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.

Creating your first budget after graduating from college doesn't have to be a strain. As our expert Manisha Thakor shows, managing your cash isn't about the budgeting blues, but following your joy. "When I look back at my career, it is very clear to me that the No. 1 thing I did right financially...

New York Times bestselling author Beth Kobliner and Richard Ketchum, CEO of the Financial Industry Regulatory Authority (FINRA) are among the dozen people President Barack Obama appointed to a new administration council designed to improve what the President calls "financial literacy" among American consumers.