Mail.com: Consumer protection and advocacy https://www.mail.com/subjects/901978-consumer-protection-advocacy.html Mail.com - the best personalized free web-based Email en en Mail.com: Consumer protection and advocacy https://s.uicdn.com/mailint/8.812.0/assets/mailcom_logo_rss.png https://www.mail.com/subjects/901978-consumer-protection-advocacy.html Conquer fear of credit cards now, reap benefits later https://www.mail.com/business/economy/5203778-conquer-fear-credit-cards-now-reap-benefits.html Young adults who are afraid of credit cards in the long shadow of the recession usually think only of the risks, rather than the role they play in establishing credit, consumer credit experts say. That can hold them back from building the credit history they'll need later on if they want to finance a car or get a mortgage. Data from the Consumer Financial... Thu, 18 May 2017 15:51:00 GMT https://www.mail.com/business/economy/5203778-conquer-fear-credit-cards-now-reap-benefits.html 2017-05-18T15:51:00Z GOP House panel takes first step to gut Dodd-Frank law https://www.mail.com/news/politics/5169134-gop-house-panel-takes-step-to-gut-dodd-frank-law.html WASHINGTON (AP) — House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark banking law. A House panel on Thursday approved Republican-written legislation that would gut much of t... Fri, 05 May 2017 09:13:00 GMT https://www.mail.com/news/politics/5169134-gop-house-panel-takes-step-to-gut-dodd-frank-law.html 2017-05-05T09:13:00Z GOP-led House panel votes to overhaul Dodd-Frank https://www.mail.com/news/politics/5165954-gop-led-house-panel-votes-to-overhaul-dodd-frank.html WASHINGTON (AP) — House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark banking law. A House panel on Thursday approved Republican-written legislation that would gut much of t... Fri, 05 May 2017 01:26:00 GMT https://www.mail.com/news/politics/5165954-gop-led-house-panel-votes-to-overhaul-dodd-frank.html 2017-05-05T01:26:00Z House GOP takes first steps to undo financial law https://www.mail.com/news/politics/5159880-house-gop-takes-steps-to-undo-financial-law.html WASHINGTON (AP) — House Republicans worked to undo former President Barack Obama's law overhauling the nation's financial rules, arguing that it is undermining economic growth. Democrats countered that the GOP effort risked a repeat of the 2008 meltdown that pushed the economy to the brink of collapse. The Financial Services Committee's effort got off to ... Tue, 02 May 2017 20:31:00 GMT https://www.mail.com/news/politics/5159880-house-gop-takes-steps-to-undo-financial-law.html 2017-05-02T20:31:00Z Big unwind begins: Republicans target crisis financial rules https://www.mail.com/news/politics/5143074-big-unwind-begins-republicans-target-crisis-financ.html WASHINGTON (AP) — Emboldened by a business-friendly president, Republicans in Congress are moving to unwind the stricter regulations that took effect after the 2008 financial crisis and Great Recession. A House committee takes up legislation Wednesday that would defang the tighter rules. While passage by the GOP-controlled House could come in a few months... Tue, 25 Apr 2017 20:40:00 GMT https://www.mail.com/news/politics/5143074-big-unwind-begins-republicans-target-crisis-financ.html 2017-04-25T20:40:00Z Republicans want to muzzle database of consumer complaints https://www.mail.com/news/politics/5138472-republicans-want-to-muzzle-database-consumer-compl.html WASHINGTON (AP) — U.S. consumers filed nearly 300,000 complaints last year about their dealings with banks, credit card issuers and other financial services companies. Most of those complaints were compiled and made available for anyone to see as part of a database administered by the federal government. But Republicans working to overhaul the financial r... Mon, 24 Apr 2017 07:15:00 GMT https://www.mail.com/news/politics/5138472-republicans-want-to-muzzle-database-consumer-compl.html 2017-04-24T07:15:00Z Regulators sue Ocwen Financial, say it mishandled mortgages https://www.mail.com/business/finance/5131022-regulators-sue-ocwen-financial-mishandled-mortgage.html NEW YORK (AP) — State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts. The action sent shares of Ocwen plunging more than 50 percent. The Consumer Financial Protection Bureau said Thursday that the accounts Ocwen serviced were riddled with errors throughout... Thu, 20 Apr 2017 23:44:00 GMT https://www.mail.com/business/finance/5131022-regulators-sue-ocwen-financial-mishandled-mortgage.html 2017-04-20T23:44:00Z Report says Mondelez could replace longtime CEO Rosenfeld https://www.mail.com/business/economy/5103928-report-mondelez-replace-longtime-ceo-rosenfeld.html NEW YORK (AP) — Oreo cookie maker Mondelez is thinking about replacing longtime CEO Irene Rosenfeld, according to a report in the Wall Street Journal. The report says Mondelez's board has discussed possible replacements for Rosenfeld, who is also chair of the company, and hired a recruiting firm to evaluate replacements. Mondelez's best... Sun, 09 Apr 2017 23:37:00 GMT https://www.mail.com/business/economy/5103928-report-mondelez-replace-longtime-ceo-rosenfeld.html 2017-04-09T23:37:00Z Nuclear plant owners expand search for rescue to more states https://www.mail.com/scitech/news/5102858-nuclear-plant-owners-expand-search-rescue-to.html HARRISBURG, Pa. (AP) — The natural gas boom that has hammered coal mines and driven down utility bills is hitting nuclear power plants, sending multi-billion-dollar energy companies in search of a financial rescue in states where competitive electricity markets have compounded the effect. Fresh off victories in Illinois and New York, the nuclear power ind... Sun, 09 Apr 2017 12:55:00 GMT https://www.mail.com/scitech/news/5102858-nuclear-plant-owners-expand-search-rescue-to.html 2017-04-09T12:55:00Z Trump signs bill blocking online privacy regulation https://www.mail.com/scitech/news/5088280-trump-signs-bill-blocking-online-privacy-regulatio.html WASHINGTON (AP) — After his press secretary blasted it as an example of rampant government overreach, President Donald Trump signed a bill into law Monday that could eventually allow internet providers to sell information about their customers' browsing habits. The bill scraps a Federal Communications Commission online privacy regulation issued in October... Tue, 04 Apr 2017 00:13:00 GMT https://www.mail.com/scitech/news/5088280-trump-signs-bill-blocking-online-privacy-regulatio.html 2017-04-04T00:13:00Z Senate votes to kill privacy rules guarding your online info https://www.mail.com/scitech/news/5059870-senate-votes-to-kill-privacy-rules-guarding-your-o.html NEW YORK (AP) — The Senate voted to kill Obama-era online privacy regulations , a first step toward allowing internet providers such as Comcast, AT&T and Verizon to sell your browsing habits and other personal information as they expand their own online ad businesses. Those rules, not yet in effect, would have required internet providers to ask your permi... Thu, 23 Mar 2017 23:03:00 GMT https://www.mail.com/scitech/news/5059870-senate-votes-to-kill-privacy-rules-guarding-your-o.html 2017-03-23T23:03:00Z Trump administration wants freer hand to fire head of agency https://www.mail.com/business/finance/5045968-trump-administration-wants-freer-hand-to-fire-head.html WASHINGTON (AP) — The Trump administration is backing a court case that would make it easier for the president to fire the head of the government's consumer finance watchdog agency. The Consumer Financial Protection Bureau has taken enforcement actions against many financial companies, angering the industry and Republican lawmakers, who accuse it of overreaching its authorit... Fri, 17 Mar 2017 23:32:00 GMT https://www.mail.com/business/finance/5045968-trump-administration-wants-freer-hand-to-fire-head.html 2017-03-17T23:32:00Z Ryan's gambit: Second health care bill to woo the reluctant https://www.mail.com/scitech/health/5037432-ryans-gambit-second-health-care-bill-to-woo-reluct.html WASHINGTON (AP) — House Republicans are working on a companion to their bill replacing "Obamacare," a legislative second act that would ease cross-state sale of health insurance and limit jury awards for pain and suffering in malpractice lawsuits. The problem: the so-called "sidecar" bill lacks the votes in the Senate. Skeptics abound. Republican Sen. Tom... Wed, 15 Mar 2017 08:06:00 GMT https://www.mail.com/scitech/health/5037432-ryans-gambit-second-health-care-bill-to-woo-reluct.html 2017-03-15T08:06:00Z Student loan defaults rising, study finds https://www.mail.com/business/economy/5035666-student-loan-defaults-rising-study-finds.html The stock market is up, unemployment is down but things aren't rosy for all Americans. A new analysis of government data by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly 17 percent last year. As of the end of 2016, there were 4.2 million Federal Direct Loan borro... Tue, 14 Mar 2017 18:29:00 GMT https://www.mail.com/business/economy/5035666-student-loan-defaults-rising-study-finds.html 2017-03-14T18:29:00Z How to avoid paying too much for your student loan https://www.mail.com/business/economy/5030418-to-avoid-paying-too-your-student-loan.html Student loans can be expensive, but a few preventative steps can help avoid unnecessary costs. The Consumer Financial Protection Bureau recently issued a warning to consumers to pay close attention to their personal information on record with student loan servicers as errors are popping up that can cost borrowers hundreds of dollars more in additional student loan debt. ... Sun, 12 Mar 2017 14:11:00 GMT https://www.mail.com/business/economy/5030418-to-avoid-paying-too-your-student-loan.html 2017-03-12T14:11:00Z House passes bill to restrict legal claims against companies https://www.mail.com/news/politics/5024990-house-passes-bill-to-restrict-legal-claims-compani.html WASHINGTON (AP) — The House has approved a bill that would make it harder for individuals or groups to bring legal claims against companies in consumer disputes, employment discrimination cases and other areas. Lawmakers approved the Republican-sponsored measure, 220-201, Thursday night. The bill heads to the Senate, where its prospects are less clear. Th... Fri, 10 Mar 2017 00:19:00 GMT https://www.mail.com/news/politics/5024990-house-passes-bill-to-restrict-legal-claims-compani.html 2017-03-10T00:19:00Z Amazon resists request for Echo info in Arkansas slaying https://www.mail.com/business/economy/4986636-amazon-resists-request-echo-info-arkansas-slaying.html LITTLE ROCK, Ark. (AP) — Amazon is resisting an effort by Arkansas prosecutors to obtain potential recordings from a slaying suspect's Amazon Echo smart speaker, saying authorities haven't established that their investigation is more important than a customer's privacy rights. The issue comes in the investigation into the death of Victor Collins, who was ... Wed, 22 Feb 2017 18:01:00 GMT https://www.mail.com/business/economy/4986636-amazon-resists-request-echo-info-arkansas-slaying.html 2017-02-22T18:01:00Z Appeals court will reconsider ruling on consumer agency https://www.mail.com/business/finance/4974060-appeals-court-will-reconsider-ruling-consumer-agen.html WASHINGTON (AP) — A federal appeals court said Thursday it will reconsider an earlier ruling that would have made it easier for President Donald Trump to fire the head of the government's consumer finance watchdog agency. The decision offers at least temporary job security for Richard Cordray, the director of the Consumer Financial Protection Bureau who h... Thu, 16 Feb 2017 21:11:00 GMT https://www.mail.com/business/finance/4974060-appeals-court-will-reconsider-ruling-consumer-agen.html 2017-02-16T21:11:00Z Washington court rules against florist in gay wedding case https://www.mail.com/news/politics/4973692-washington-court-rules-florist-gay-wedding-case.html OLYMPIA, Wash. (AP) — The Washington Supreme Court ruled unanimously Thursday that a florist who refused to provide services for a same-sex wedding broke the state's antidiscrimination law, even though she claimed doing so would violate her religious beliefs. A lower court had fined Barronelle Stutzman, a florist in Richland, Washington, for denying servi... Thu, 16 Feb 2017 20:08:00 GMT https://www.mail.com/news/politics/4973692-washington-court-rules-florist-gay-wedding-case.html 2017-02-16T20:08:00Z Trump attacks restrictions on big banks, retirement advisers https://www.mail.com/news/politics/4947730-trump-attacks-restrictions-big-banks-retirement-ad.html WASHINGTON (AP) — President Donald Trump has launched his long-promised attack on banking rules that were rushed into law after the nation's economic crisis, signing new orders after meeting with business and investment chiefs and pledging further action to free big banks from restrictions. Wall Street cheered him on, but Trump risks disillusioning his working-class voters. ... Sat, 04 Feb 2017 08:45:00 GMT https://www.mail.com/news/politics/4947730-trump-attacks-restrictions-big-banks-retirement-ad.html 2017-02-04T08:45:00Z Trump launches his attack on banks' financial restraints https://www.mail.com/business/finance/4945288-trump-launches-attack-banks-financial-restraints.html WASHINGTON (AP) — President Donald Trump launched his long-promised attack Friday on banking rules that were rushed into law after the nation's economic crisis, signing new orders after meeting with business and investment chiefs and pledging further action to free big banks from restrictions. Wall Street cheered him on, but Trump risks disillusioning his working-class voter... Sat, 04 Feb 2017 00:07:00 GMT https://www.mail.com/business/finance/4945288-trump-launches-attack-banks-financial-restraints.html 2017-02-04T00:07:00Z Russell Simmons' RushCard fined $13 million for 2015 outage https://www.mail.com/entertainment/music/4940766-russell-simmons-rushcard-fined-13-2015-outage.html NEW YORK (AP) — RushCard, the debit card company founded by hip-hop mogul Russell Simmons, is being fined and forced to pay millions in restitution to customers that were affected by a 2015 outage that cut users off from their money. The Consumer Financial Protection Bureau said Wednesday that it has ordered RushCard and its payment processor, MasterCard,... Wed, 01 Feb 2017 19:02:00 GMT https://www.mail.com/entertainment/music/4940766-russell-simmons-rushcard-fined-13-2015-outage.html 2017-02-01T19:02:00Z Democratic state AGs move to defend consumer watchdog https://www.mail.com/news/politics/4918876-democratic-ags-move-to-defend-consumer-watchdog.html WASHINGTON (AP) — Attorneys general from 16 states and the District of Columbia are seeking to defend a U.S. consumer watchdog agency in court amid speculation that President Donald Trump may fire its director, Richard Cordray. The attorneys general, all Democrats, said in a court filing Monday they have "a vital interest in defending an independent and e... Tue, 24 Jan 2017 00:11:00 GMT https://www.mail.com/news/politics/4918876-democratic-ags-move-to-defend-consumer-watchdog.html 2017-01-24T00:11:00Z 'Net neutrality' foe Ajit Pai is new FCC head https://www.mail.com/scitech/news/4918832-net-neutrality-foe-ajit-pai-fcc-head.html NEW YORK (AP) — President Donald Trump has picked a fierce critic of the Obama-era "net neutrality" rules to be chief regulator of the nation's airwaves and internet connections. In a statement Monday, Ajit Pai said he was grateful to the president for choosing him as the next chairman of the Federal Communications Commission. Several reports last week had said he was the pick. Mon, 23 Jan 2017 22:51:00 GMT https://www.mail.com/scitech/news/4918832-net-neutrality-foe-ajit-pai-fcc-head.html 2017-01-23T22:51:00Z In debt and afraid: dealing with debt collectors https://www.mail.com/business/economy/4916144-debt-afraid-dealing-with-debt-collectors.html It's a scary place to be — in debt and afraid. A new Consumer Financial Protection Bureau report found that more than one in four consumers felt threatened when contacted by debt collectors. The first-ever national survey of consumer experiences with debt collectors found consumers often faced calls that came too often, at odd hours and contained warnings of jail time and ot... Sun, 22 Jan 2017 17:36:00 GMT https://www.mail.com/business/economy/4916144-debt-afraid-dealing-with-debt-collectors.html 2017-01-22T17:36:00Z Federal watchdog sues TCF Financial over overdraft fees https://www.mail.com/business/finance/4909434-federal-watchdog-sues-tcf-financial-overdraft-fees.html WASHINGTON (AP) — Federal consumer finance regulators said Thursday they were suing TCF Financial Corp., alleging the bank deceived consumers so it could charge them exorbitant overdraft fees. Banks' overdraft fee tactics have long been considered predatory by consumer advocates. Such fees, which are charged when customers overspend their bank accounts, largely fall upon low... Thu, 19 Jan 2017 17:50:00 GMT https://www.mail.com/business/finance/4909434-federal-watchdog-sues-tcf-financial-overdraft-fees.html 2017-01-19T17:50:00Z Consumer agency sues Navient over student loan repayments https://www.mail.com/news/politics/4906626-consumer-agency-sues-navient-student-loan-repaymen.html WASHINGTON (AP) — Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints. The Consumer Financial Protection Bureau filed the federal lawsuit against Navient Corp. and two subsidiari... Wed, 18 Jan 2017 22:45:00 GMT https://www.mail.com/news/politics/4906626-consumer-agency-sues-navient-student-loan-repaymen.html 2017-01-18T22:45:00Z Officials: Foreign government may have breached health data https://www.mail.com/scitech/news/4879310-officials-foreign-government-breached-health-data.html SACRAMENTO, Calif. (AP) — A foreign government may have been behind a cyber breach of health insurance company Anthem Inc. that compromised the records of more than 78 million consumers, investigators said Friday. They declined to identify the hackers or the foreign government. Social Security numbers, birthdates and employment details of customers were a... Sat, 07 Jan 2017 00:14:00 GMT https://www.mail.com/scitech/news/4879310-officials-foreign-government-breached-health-data.html 2017-01-07T00:14:00Z Agency orders TransUnion, Equifax to pay $23M for false ads https://www.mail.com/business/economy/4872344-agency-orders-transunion-equifax-to-pay-23m-false.html WASHINGTON (AP) — Federal regulators have ordered credit-reporting agencies TransUnion and Equifax to pay about $23 million for falsely advertising that the credit scores they sell consumers are the same ones lenders use to make credit decisions. The Consumer Financial Protection Bureau announced Tuesday that TransUnion and Equifax must pay fines totaling... Tue, 03 Jan 2017 23:35:00 GMT https://www.mail.com/business/economy/4872344-agency-orders-transunion-equifax-to-pay-23m-false.html 2017-01-03T23:35:00Z Congress backs bill on customer rights for online review https://www.mail.com/news/politics/4791422-congress-backs-bill-customer-rights-online-review.html WASHINGTON (AP) — Congress on Monday cleared legislation to ensure that customers who want to post negative reviews on websites like Yelp or TripAdvisor can do so without legal repercussions. The Senate passed the measure by voice vote Monday night. The bill now goes to President Barack Obama. Supporters of the bipartisan bill say it is... Tue, 29 Nov 2016 03:06:00 GMT https://www.mail.com/news/politics/4791422-congress-backs-bill-customer-rights-online-review.html 2016-11-29T03:06:00Z