The IRS’ difficulty in swiftly getting payments to Americans has a basic, root cause: There are multiple private actors sitting between the IRS and tax filers.
Why are banks allowed to charge up to 5% fees on federally funded PPP loans?
Suze Orman had some savvy and comforting pandemic-related financial advice this morning. But she also had some blunt warnings about the insufficiency of the CARES Act stimulus payments and how credit card companies and credit bureaus are making things worse.
Author Michael Lewis connects Trump's recent financial hires to the financial meltdown of 2008.
Author Michael Lewis (The Big Short) thinks Trump may play fast and loose with banks -- actions that caused the 2008 financial meltdown.
If We the People could be have a simple bank account at our Post Offices, this would solve a problem for millions upon millions of Americans. It would keep people away from the debt-trap clutches of the predatory payday lending industry.
Wells Fargo used job insecurity, poverty-level wages, extreme sales quotas and high pressure as financial incentives to force employees to fraudulently open accounts.
Populist demands to break up the biggest banks are at times being answered through indirect pressure from regulators.
Nobody has focused on Frank’s allegation that Barack Obama refused to extract foreclosure relief from the nation’s largest banks.
“Life is hard enough,” according to Swiss banking executive Sergio Ermotti, “without people “constantly bashing banks.”
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