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Tag Archives: U.S. Senate

Auto dealers, local banks avoid oversight

WASHINGTON, D.C. — The financial overhaul bill awaiting final action in the Senate includes a new regulator whose aim is to make sure mortgages, credit cards and other products from big banks don’t abuse or confuse you.

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Trial lawyers: Specter’s loss will be felt

Restoring notice pleading standards in federal courts. Decrying federal preemption rules that prevented state lawsuits. Protecting the attorney-client privilege. All of those are issues advocated by Sen. Arlen Specter, whose 30-year Senate career ...

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Senate seeks to rein in deceptive lenders

WASHINGTON, D.C. — Taking aim at deceptive lending, the U.S. Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay for offering higher interest rates on loans, and to require proof ...

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