Jan 11, 2021 | Financial Literacy, News
States Increase Minimum Wage in 2021 With the start of 2021, twenty states have increased their minimum hourly wage, which supporters say will aid in poverty reduction and offer essential pay increases for low-income, poverty workers. They will also help many...
Jan 8, 2021 | Banks & Credit Unions, News
Trade Groups Push to Prioritize Financial Services Workers in COVID Vaccinations In a letter sent to the Centers for Disease Control and Prevention (CDC) earlier this week, the National Association of Federally-Insured Credit Unions (NAFCU) called for credit union and...
Jan 6, 2021 | Congressional Legislation, News
Warnock, Ossof Win in Georgia Runoff Elections, Handing Senate Control to Democrats Yesterday, Georgians went to the polls to cast their votes in two runoff elections that would determine the balance of power in the U.S. Senate. In both elections, the Democratic...
Jan 4, 2021 | Congressional Legislation, Federal Regulation, News
Sens. Brown, Warren, and Smith Press FDIC on Removal of “Underbanked” Language From Report U.S. Senators Sherrod Brown (D-Ohio), Elizabeth Warren (D-Mass.), and Tina Smith (D-Minn.) recently sent a letter to the Federal Deposit Insurance Corp. (FDIC) Chair Jelena...
Dec 31, 2020 | Federal Regulation, News
CFPB Adds Deputy Chief of Staff and Assistant Director for Office of Innovation Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced the addition of two new staff members: a Deputy Chief of Staff as well as an Assistant Director for the Office...
