The newest poll from the bipartisan polling team Lake Research Partners and Chesapeake Beach Consulting shows that voters across the political spectrum are concerned about the cryptocurrency industry’s political influence and its impact in pushing policies that benefit the industry at the public’s expense. Read the polling memo here. Read the poll results by party
Background Tesla’s shareholder meeting is November 6th. Shareholders can vote anytime prior to that. Tesla’s board has proposed a CEO pay plan that is unprecedented in its magnitude and lacks mechanisms to rein in Musk’s political activity or ensure he is accountable to Tesla shareholders. The structure of the pay package consists of 12 tranches
With the U.S. House Financial Services Committee voting today to prevent a Consumer Financial Protection Bureau (CFPB) rule from lowering the price of overdraft fees at megabanks and with the Senate Banking Committee scheduled to vote tomorrow on a nominee for CFPB director, a new poll shows Americans strongly support the CFPB’s mission as well
The Consumer Financial Protection Bureau’s (CFPB) Personal Financial Data Rights Rule (Rule 1033) helps create a more consumer-friendly and competitive financial services marketplace by allowing people to easily and securely move their personal financial data between financial institutions. Prior to this rule, many banks and financial institutions limited how consumers could use their financial data, which made it difficult for people to comparison shop, manage money, use new technology, or switch accounts and service providers. With Rule 1033, people who wish to switch financial service providers can share their banking history and data from previous transactions in a secure manner, helping them more easily move between service providers.
As the focus on the American voter intensifies with the coming election, a new poll released today shows voters across the political spectrum overwhelmingly support the mission of the Consumer Financial Protection Bureau (CFPB), financial regulation generally, and a variety of specific CFPB actions, including efforts to limit credit card late fees, reduce overdraft charges,
The crypto industry paints a picture of crypto as a tool for financial inclusion and economic prosperity. However, when one looks at the actual numbers, the industry’s record tells quite a different story – one of fraud, crime, scams, and economic hardship. Straightforward facts and figures outline the scope and scale of financial loss and harm that the crypto industry has inflicted on consumers and investors in the U.S. and around the world.