House approves Keystone Pipeline bill

Environmmental activiists protest the Kestone XL Pipeline project. Image: ElvertBarnes/Flickr/CC BY-SA

A Republican-controlled House passed a bill Thursday that could approve the TransCanada Corp.’s Keystone XL pipeline project. The bill also could open portions of the nation’s coasts to offshore drilling. House GOP wants control of pipeline The legislation, approved 237-187, wrests control of the $7 billion Keystone project away from the Obama administration. If passed [...]

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CFPB to look into overdraft fees

The newly-opened Consumer Financial Protection Bureau announced Wednesday that it will be looking into banking practices as they relate to overdraft fees. Near the top of consumer complaints, banks say that overdraft fees are a fair way to keep customers from getting overextended. Others say they are just a profit-making venture. CFPB probes banking practices [...]

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Richard Cordray, director of the Consumer Financial Protection Bureau. Image: ProgressOhio/Flickr/CC BY
Richard Cordray, director of the Consumer Financial Protection Bureau. Image: ProgressOhio/Flickr/CC BY