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The most states have already passed through payday lending regulation that mostly affected interest rates. However, the Congress of Mississippi has stalled the bill concerning payday lenders due to the fact that legislators just can't negotiate about the common terms.

Today President Barack Obama brandished his executive power and defied Republican opposition to name Richard Cordray as the first director of the new Consumer Financial Protection Bureau. Infuriated Republican leaders in Congress say the appointment could be deemed illegal by the courts.

US nuclear power plants came under the debate fire after the explosion on the Japanese nuclear power station. What will the Congress decide?

US regulators were accused by the lawmakers who went too far on lending rule. They overstepped their authority and ignored the intents of the Congress.

Debt ceiling issue is still being issued by the Congress and the president. Social Security and Medicare may be at risk if the debt limit is not raised.

Federal Reserve provided secret short-term loans with very low interest rates to banks during the financial crisis of 2008. Media didn't get exact figures.