Gerard Scimeca is an attorney and co-founder, chairman and general counsel of CASE, Consumer Action for a Strong Economy, a free-market oriented consumer advocacy organization.
The Federal Deposit Insurance Corp. wants to remove an exemption that allows index funds to invest freely in bank stocks. The result will be damaging to the investors who have come to rely on the funds' steady returns.
The middle of a housing market downturn is no time to experiment with untested underwriting tools.
As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.
As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.