CFPB wins a round in court — threat to consumer bureau’s director, structural changes on hold for now

February 16, 2017 Bob Sullivan 0

The Consumer Financial Protection Bureau won a significant legal victory Thursday when an appeals court agreed to re-hear the case that threatened to fundamentally change the agency’s structure and imperiled its leader, Richard Cordray. A Washington D.C. circuit court of appeals ruled last fall that the bureau’s structure was unconstitutional.  It found [Keep reading]

V-Day warning: Anyone can suffer a moment of weakness over what they think is love — romance scams hit all-time high

February 13, 2017 Bob Sullivan 2

One woman sent this Prince Charming $90,000. Several bought wedding dresses, planning for the big event when their solider boyfriend returned from his overseas deployment.  He showered them with poetry, cards, flowers, stuffed animals, and chocolates.   They mailed him laptop computers, cell phones and tablets — things he needed for his “mission.” [Keep reading]

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