The consumer agency is finalizing new rules on debt collectors that would enable them to get judgments on illegitimate debts.
financial industry
Posted inMoney, Politics, and Power
Private Equity Tries to Protect Another Profit Center
The fight in Congress heats up over surprise medical billing, another abuse of the public driven by the private equity industry.
Posted inMoney, Politics, and Power
Private Equity’s Next Leveraged Buyout Might Be the Oval Office
Several candidates who have taken donor cash from private-equity barons have remained silent about the threat posed by the industry.
Posted inEconomic Policy
At Last, Legislation to Stop Private Equity Abuses
The bill to break the back of the worst thieves on Wall Street is sponsored by—no surprise—Elizabeth Warren.
Posted inHealth and Social Policy
Private Equity’s Latest Scheme: Closing Urban Hospitals and Selling Off the Real Estate
Thousands are expected to rally Thursday against the closing of Hahnemann University Hospital, a 171-year-old facility in Center City Philadelphia.
Posted inEducation in America
Will Income-Share Agreements Be the Next Payday Loans?
Policymakers need to pay attention to the deregulation of these student loan-type products happening in Indiana.
Posted inEconomic Policy
Trump’s Assault on Financial Reform
What’s left of the Dodd Frank Act is being dismantled, leaving the economy vulnerable to grotesque financial concentration, excessive risk—and a repeat of the 2008 collapse.
Posted inEconomic Policy
Dems Overseeing Finance Industry Take Money from Group Supporting Racist Auto Lending
Alerted to the contributions, House Financial Services Chair Maxine Waters tells Sludge she will better vet her campaign contributors.