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Cummings and Warren Request Investigation into Non-Bank Mortgage Servicing Industry

Washington, DC –(ENEWSPF)—October 20, 2014. Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Senator Elizabeth Warren, member of the Senate Committee on Banking, Housing and Urban Affairs, called on the Government Accountability Office (GAO) to investigate threats to consumers arising from[Read More…]

Consumer Financial Protection Bureau Finalizes Rule to Promote More Effective Privacy Disclosures

Rule Will Benefit Companies That Limit Consumer Data-Sharing WASHINGTON, D.C. –(ENEWSPF)—October 20, 2014. The Consumer Financial Protection Bureau (CFPB) today finalized a rule to promote more effective privacy disclosures from financial institutions to their customers. The new rule, which was proposed in May, allows companies that limit their consumer data-sharing and[Read More…]

From Dublin to Detroit: Water is a Human Right

Community activists, faith leaders and families without water to march November 1st through downtown Detroit DETROIT —(ENEWSPF)—October 20, 2014.  Detroiters will march in solidarity with the people of Ireland against water charges and the privatization of our public water systems on November 1st, at 9:30am at the Spirit of Detroit[Read More…]

White House Weekly Address: What You Need To Know About Ebola

Washington, DC–(ENEWSPF)–October 18, 2014. Today, I want to take a few minutes to speak with you-directly and clearly-about Ebola: what we’re doing about it, and what you need to know.  Because meeting a public health challenge like this isn’t just a job for government.  All of us-citizens, leaders, the media-have a responsibility and[Read More…]

State Department Briefing by Marie Harf, Oct. 17, 2014

Washington, DC–(ENEWSPF)–October 17, 2014. Index for Today’s Briefing WEST AFRICA/USG/UNITED NATIONS MIDDLE EAST PEACE/MIDDLE EAST REGION BELIZE ISRAEL/PALESTINIANS NIGERIA CHINA JAPAN/CHINA SYRIA TURKEY UKRAINE/RUSSIA/ESTONIA SAUDI ARABIA PHILIPPINES JAPAN/RUSSIA YEMEN TRANSCRIPT:   2:29 p.m. EDT MS. HARF: Hello, welcome to Friday’s briefing. I just have one item at the top, and[Read More…]

Remarks by President Obama on Protecting American Consumers

Washington, DC–(ENEWSPF)–October 17, 2014 – 12:00 P.M. EDT THE PRESIDENT:  Hello, everybody!  (Applause.)  Hello.  Good job, everybody.  Everybody, please have a seat.  Well, it is good to be back at CFPB. AUDIENCE MEMBER:  Woo! THE PRESIDENT:  Yes, this is an enthusiastic and rowdy crowd, this group.  (Laughter.)  That’s what happens[Read More…]

Federal Reserve Chair Janet Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances

Boston, Massachusetts –(ENEWSPF)—October 17, 2014. Remarks by Federal Reserve Chair Janet L. Yellen at the Conference on Economic Opportunity and Inequality, Federal Reserve Bank of Boston. The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent[Read More…]

Taxpayers Recover $245.5 Million from Second Ally Trading Plan

Total Return on Ally Investment approximately $1.1 billion WASHINGTON—(ENEWSPF)—October 17, 2014. The U.S. Department of the Treasury today announced the completion of its second pre-defined written trading plan for Ally Financial Inc. (“Ally”) common stock.  Treasury sold 11,249,044 shares and recovered approximately $245.5 million for taxpayers.  With the conclusion of[Read More…]

White House Press Briefing by Josh Earnest, Oct. 16, 2014

Washington, DC–(ENEWSPF)–October 16, 2014 – 1:08 P.M. EDT MR. EARNEST:  Good afternoon, everybody.  Nice to see you all.  Apologize for the delayed start today.  Jim, do you want to get us started with questions? Q    Sure.  Thank you.  Congrats on the Royals. MR. EARNEST:  Thank you.  We’re pretty excited about[Read More…]

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