Oct 2, 2020 | Federal Regulation, Financial Literacy, News
CFPB Issues Report on Perceived Financial Preparedness, Security, and Saving A recent report from the Consumer Financial Protection Bureau (CFPB) examines the relationship between saving money and more objective measures of consumers’ financial situations, like...
Sep 30, 2020 | Congressional Legislation, News
House Passes Ten Bipartisan Financial Services Bills The United States House of Representatives recently passed ten financial services bills, including legislation to protect consumers and investors from pandemic-related fraud, develop more flexible CARES Act funding,...
Sep 28, 2020 | Federal Regulation, News
Boston Fed Chief Warns of U.S. Credit Tightening, Calls for More Fiscal Relief The United States economy could encounter more business bankruptcies and foreclosures in the coming months if there is an increase in COVID-19 cases and no additional fiscal aid, according...
Sep 23, 2020 | Banks & Credit Unions, Congressional Legislation, News
Senators Gillibrand and Sanders Reintroduce Postal Banking Act Last week, U.S. Senators Kirsten Gillibrand (D-N.Y.) and Bernie Sanders (D-Vt.) hosted a Facebook Live conversation where the two legislators announced their reintroduction of the Postal Banking Act,...