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More Evidence For Reining In Credit-Card Companies

The Senate is expected to vote either later today or Friday on a credit-card reform bill. As debate continues on that bill—and as President Obama ratchets up the pressure with a town hall meeting on the subject—a recent report by the Center for Responsible Lending...

Will The Senate Stop The Credit-Card Loan Sharks?

In Poultney, Vt., a small town near Lake St. Catherine near the Vermont-New York border, "Walter" had been running a small business during the summer for 43 years—until a rectangular piece of plastic helped bring him down. Walter, as he referred to himself in a letter...

A Victory For Accountability

The decision by the House of Representatives on Wednesday to follow the Senate and vote for an independent commission to investigate the causes of the financial crisis is a significant win for the cause of accountability and reform on Wall Street. Assuming that it...

House Says Yes To Financial Crisis Probe

Two weeks after House Speaker Nancy Pelosi called for the creation of an independent panel that would investigate the causes of the current financial crisis, the House of Representatives has joined the Senate in approving a financial fraud bill that authorizes such a...

The Subprime Rogues Who Bought Congress

A Center for Public Integrity report released today, "Who's Behind the Financial Meltdown," spells out how 25 of the country's largest financial institutions fueled the subprime mortgage market that precipitated the global financial crash. In addition, as a...

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