Posts by Amy Traub

Three years ago today the US Consumer Financial Protection Bureau opened its doors. It was a new government agency produced by the Dodd-Frank Act: part of Congress’ attempt to address the rampant...
July 21, 2014 | Amy Traub
EMPLOYEES IN NYC CAN USE SICK LEAVE STARTING JULY 30. That’s the simple message New York’s Department of Consumer Affairs was spreading on street corners and subway stops this morning in English,...
July 16, 2014 | Amy Traub
Employers should pay their workers enough to live on and support their families.
July 7, 2014 | Amy Traub
“We should do everything we can to strengthen unions in this country,” said President Obama on Tuesday.
June 18, 2014 | Amy Traub
Let’s say you have a lucrative industry. Businesses are expanding. Profits are healthy. So what kind of paychecks are the workers bringing home?
June 12, 2014 | Amy Traub
At first, the University of Chicago economist didn’t think credit card regulation could possibly work.  “I went into the project with this sort of conventional wisdom that well-intentioned...
May 21, 2014 | Amy Traub
The consumer advocates at the Center for Responsible Lending don’t mince words: “overdraft ‘protection’ is a racket; not a service.” CRL explains: Transaction shuffling and multiple, exorbitant...
May 13, 2014 | Amy Traub
Americans cumulatively have $854 billion in revolving loan (mostly credit card) debt, according to the Federal Reserve.
May 1, 2014 | Amy Traub