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Pat Garofalo Archives

A Step Toward Real Consumer Protection

Sen. Dodd’s Bureau of Consumer Financial Protection can get the job done if it isn’t weakened further, writes Pat Garofalo.

by Pat Garofalo | Monday, March 22, 2010

Don’t Reward Risky Business

Banks are still looking to get rich quick. Reckless risk-taking should be discouraged by limiting executive pay.

by Pat Garofalo | Friday, October 30, 2009

Keeping Banks Honest

When the Obama administration formally unveiled its proposal for creating a financial consumer protection agency last week, Scott Talbott of the Financial Services Roundtable, the financial industry's lobbying arm, expressed concern that the new agency would set not a ceiling but a floor for consumer protection rules. "States are encouraged to go further to provide additional consumer protections, which will create a patchwork of 50 state regimes," he said.

by Pat Garofalo | Wednesday, July 8, 2009