In theory, the Transportation Security Administration is supposed to be a last line of defense against terrorists and other folks who want to do bad things on airplanes. With so many lives on the line, employee misconduct of any kind can’t really be tolerated, but the last few years have seen an increase in bad behavior by TSA staffers. [More]
watching the watchers
Last week, the Consumer Financial Protection Bureau announced it was drafting new regulations that would allow for the oversight of the largest credit reporting bureaus and debt collection companies. The reason, explains CFPB head Richard Cordray is that many consumers are in the dark about these businesses and feel somewhat helpless when it comes to dealing with them.