The Federal Trade Commission’s telemarketing rules aim to protect consumers from debt-settlement companies that charge upfront fees or overpromise results. But some companies already have found ways to get around those rules, c…
New rules proposed by the Fed for debit card transactions may mean consumers end up paying more to use their cards, while big retailers save billions. The rules would sharply limit the transaction fees sellers pay, so banks cou…
Harvard Law professor Elizabeth Warren announced early Friday that she had accepted an advisory role with the newly created U.S. consumer protection agency. The move comes despite fierce opposition from the financial industry.
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The White House is exploring ways that Warren could run the bureau without having to go through a confirmation battle, leading to reports that Obama will use a recess appointment. But that would last only until the end of 2011….