Bankers take debit fee duel to friendly territory in House

By Julie Vorman

Bankers dueling with retailers over a Federal Reserve plan to limit debit card processing fees took the fight into friendly territory today

Reform reading: Credit ratings hard to replace, overdraft fees criticized

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Outsourcing government

By Laura Peterson

Service contracting has risen dramatically in the last decade

Excerpts from this story referencing "Cost-plus contract":

"… oviding any incentive for contractors to do a good job or control costs. "[Cost-plus contracts] are notoriously prone to abuse," Rep. Henry Waxman, the California Democ …"

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Phone fund for schools, libraries riddled with fraud

Government officials say they don't have the resources to fix the Universal Service Fund