consumer financial protection

Senator Chris Dodd (D-Conn.) gave up trying to find a bipartisan compromise on the bill to overhaul the financial regulatory system and plans to introduce a new version of the bill on Monday. The House of Representatives passed a financial reform bill in December with a separate agency for consumer...

Congress dragged its feet all year to try to get a comprehensive financial package out of the House Financial Services Committee. But members of Congress have realized that isn't going to happen, and the public is getting impatient to see them reign in abuses by financial institutions that took us...