Senator Michael Bennet (D-CO) recently wrote an Op-Ed for the Denver Post about changes in credit card terms and the need for more financial regulation to effectively protect consumers. He talks about the improvements that are about to go into effect, and says: These long-overdue reforms also serve as a reminder that Congress needs to
Professor Alan White recently submitted an op-ed to the South Bend Tribune about the need for better financial regulations. Among other things, his piece says: Much of the debate regarding the proposed Consumer Financial Protection Agency misses the point. The question is not whether banking, credit, insurance and investment services should be regulated. Congress and
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor (retired or active), please sign our petition in support of
The Helena Independent Register reports that Senator Jon Tester (D, MT) refutes misleading ads claiming that the financial reform bill is a bank “bailout.” Here is an excerpt: A little-known political group with links to conservative and Republican Party figures is urging Montanans to oppose a “big bank bailout bill” — but U.S. Sen. Jon
The New Mexico state legislature is one step closer to “moving their money” out of the big banks and into community banks and credit unions. This week, they passed a bill 65-0 to allow the state to move between $2 billion -$5 billion in state funds into credit unions and small banks. Supporters of the
Oregon State Public Interest Research Group (OSPIRG) has been working with the state government to help prevent foreclosures and protect consumers. The importance of this fight and the work done by this group was recently profiled in this piece by KUOW, the local radio station. It reported on the struggles of one family fighting for