Consumer Confidence Slips for Third Straight Month
Consumer Confidence Slips for Third Straight Month The Conference Board’s consumer confidence index, a survey that tracks consumer buying intentions and attitudes, found that consumer confidence fell for the third month in a row, dropping from 98.4 percent in June to...
Congressional Democrats Renew Push to Pass Overdraft Fee Legislation
Congressional Democrats Renew Push to Pass Overdraft Fee Legislation Last month, sources told American Banker that the House Financial Services Committee had set aside the Overdraft Protection Act, a bill introduced by Rep. Carolyn Maloney (D-N.Y) to introduce a...
Michigan Rate Cap Initiative Fails to Make Ballot
Michigan Rate Cap Initiative Fails to Make Ballot Last week, Michigan’s Board of Canvassers declined to certify a proposal to cap interest rates on certain loans that campaign organizers hoped to put on the Michigan ballot in November. While the group organizing the...
