Consumer Problems News Today

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You know what he said every time? no. >> she is right about the powers that have been preserved as you read the powers that you now have having been sworn in. your position seems very powerful. youre able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. bu...

>> she is right about the powers that have been preserved as you read the powers that you now have having been sworn in. your position seems very powerful. youre able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. but frankly when i was attorney general ...

Finally got a human to listen to him and he wont be losing his home. last night, richard cordray, who president obama just installed using his appoint. talked about his new job in the agency compared to congressional oversight. >> congress has delegated us authority to make some rules that fill in the gaps in legislation. but frankly, when i was attorney general of ohio, and i was trying to help people with their consumer problems, seniors who were being scammed and defrauded of life savings, ...

That have been preserved as you read the powers that you now have having been sworn in. your position seems very powerful. youre able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. but frankly when i was attorney general of ohio and i was trying to help ...

Him and he wont be losing his home. last night, richard cordray, who president obama just installed using his appoint. talked about his new job in the agency compared to congressional oversight. >> congress has delegated us authority to make some rules that fill in the gaps in legislation. but frankly, when i was attorney general of ohio, and i was trying to help people with their consumer problems, seniors who were being scammed and defrauded of life savings, people losing their homes to fore...

Read the powers that you now have having been sworn in. your position seems very powerful. youre able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. but frankly when i was attorney general of ohio and i was trying to help people with their consumer probl...

Of course, because of quake and the tsunami. its not just that which is a problem for toyota. theres consumer problems still in the united states. >> yes, toyota just got word that u.s. car owners have gotten the green light to sue them and this revolves around the accidental acceleration problems weve been reporting. a u.s. federal judge ruled that owners can directly blame toyota for causing the value of their vehicles to fall. thats because toyota didnt disclose or fix the defects. toyota tri...

last night, the irish police received a warning about a device which would be on some form of public transport. it was discovered on a private bus just outside dublin. the passengers were evacuated and the devices made safe after about two hours. it was defused. this can is coming now three hours before the queen is supposed to touch down at the girng of a four-day states visit. this is the largest security operation in the history of the irish state. some 10,000 police and army are gu...