Better living through better policy.

Category: Poverty and Inequality

The Hill: The Supreme Court has emboldened the CFPB, threatening American consumers

Post author By Patrick M. Brenner
Post date May 20, 2024
No Comments on The Hill: The Supreme Court has emboldened the CFPB, threatening American consumers

The Supreme Court’s recent ruling will only embolden CFPB Director Rohit Chopra, who has increasingly instituted overly broad regulatory actions.

Tags Angie's List, Comparison Shopping, Consumer Financial Protection Bureau (CFPB), Credit, Elizabeth Warren, Finance, Rohit Chopra, Supreme Court of the United States (SCOTUS), The Hill

Domestic Policy Economic Opportunity Economy Government Regulation Markets and Finance Political Thought Poverty and Inequality Public Opinion Technology Top Issues Updates

The US Bank Simple Loan is Hardly Simple

Post author By Patrick M. Brenner
Post date May 16, 2024
1 Comment on The US Bank Simple Loan is Hardly Simple

The US Bank Simple Loan is anything but simple.

The US Bank Simple Loan is a classic example of how big banks can take something simple and make it incredibly complex.

Tags Consumer Advocacy, Credit, Debt, Lending, No Loan For You!, Personal Finance, Transparency, U.S. Bank

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SPPI Expresses Disappointment in Supreme Court Ruling Upholding CFPB Funding Structure

Post author By Liam Gray
Post date May 16, 2024
No Comments on SPPI Expresses Disappointment in Supreme Court Ruling Upholding CFPB Funding Structure

The Southwest Public Policy Institute warns that this decision will embolden regulatory overreach and drive consumer prices up.

Tags Consumer Financial Protection Bureau (CFPB), Credit, Elizabeth Warren, No Loan For You!, Personal Finance, Price Controls, Rate Caps, Rohit Chopra, Testimony

Alaska Culture Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Life Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Press Reports Testimony Top Issues Updates

Conclusion of Alaskan Legislative Session: Victory for Alaskan Consumers

Post author By Liam Gray
Post date May 16, 2024
No Comments on Conclusion of Alaskan Legislative Session: Victory for Alaskan Consumers

The Southwest Public Policy Institute applauds the Alaskan Senate Finance Committee’s decision to not advance House Bill 145 and Senate Bill 264, ensuring continued consumer access to diverse emergency credit options.

Tags Alaska, American Financial Services Association (AFSA), Credit, No Loan For You!, Online Lenders Alliance (OLA), Personal Finance, Price Controls, Rate Caps, Testimony

Alaska Arizona California Colorado Domestic Policy Economic Opportunity Economy Government Regulation Infrastructure & Technology Legal and Judicial Markets and Finance Nevada New Mexico Oklahoma Poverty & Welfare Poverty and Inequality Press Technology Texas Top Issues Updates Utah

New Interview Alert: Brenner on CFPB Overreach with American Legal Record Podcast

Post author By Liam Gray
Post date May 14, 2024
No Comments on New Interview Alert: Brenner on CFPB Overreach with American Legal Record Podcast

Patrick M. Brenner, recently appeared on the American Legal Record Podcast to discuss his views on the Consumer Financial Protection Bureau (CFPB) and its latest regulatory moves. In this insightful interview covered by American Credit News, Patrick delves into the core issues surrounding the CFPB’s recent circular on price comparison shopping sites and critically analyzes […]

Tags American Credit News, Consumer Financial Protection Bureau (CFPB), Credit, Dodd-Frank Wall Street Reform and Consumer Protection Act, Lead Generators, Lending, Rohit Chopra

Alaska Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Life Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Public Opinion Testimony Top Issues Updates

A Call for Prudent Consumer Credit Legislation in Alaska

Post author By Patrick M. Brenner
Post date May 4, 2024
1 Comment on A Call for Prudent Consumer Credit Legislation in Alaska

Representing the Southwest Public Policy Institute, I recently had the opportunity to testify before the Alaska House Finance Committee and the Alaska Senate Community and Regional Affairs Committee regarding proposed legislation on consumer credit. The bills in question, House Bill 145 and its Senate counterpart, Senate Bill 264, aim to implement rate caps similar to […]

Tags Bank of America, Consumer Advocacy, Credit, Debt, Lending, Loans, No Loan For You!, U.S. Bank, Wells Fargo

SPPI to Testify in Alaska Against Consumer Credit Price Control Bills

Post author By Liam Gray
Post date April 29, 2024
No Comments on SPPI to Testify in Alaska Against Consumer Credit Price Control Bills

The Southwest Public Policy Institute (SPPI) has been invited to provide expert testimony in the upcoming legislative sessions for Alaska House Bill 145 and Alaska Senate Bill 264, which will take place on April 30, 2024.

Tags Alaska, Credit, No Loan For You!, Personal Finance, Price Controls, Rate Caps, Testimony

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SPPI Joins Coalition Opposing the RECOUP Act

Post author By Liam Gray
Post date February 27, 2024
No Comments on SPPI Joins Coalition Opposing the RECOUP Act

The Southwest Public Policy Institute (SPPI), a leading advocate for policy solutions that enhance freedom and prosperity in the Southwest, today announced its support for the Competitive Enterprise Institute-led coalition opposing the RECOUP Act (S. 2190). By signing the coalition letter, SPPI aligns itself with other prominent policy groups and experts in urging Congress to […]

Tags 60 Plus Association, Americans for Tax Reform, Banking, Coalition, Competitive Enterprise Institute, Congress, FreedomWorks, RECOUP Act

Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Markets and Finance Political Thought Poverty and Inequality Public Opinion Top Issues

The Wells Fargo Flex Loan is Anything But Flexible

Post author By Patrick M. Brenner
Post date February 5, 2024
3 Comments on The Wells Fargo Flex Loan is Anything But Flexible

Wells Fargo | wdstock | iStock Editorial | Getty Images

Wells Fargo’s Flex Loan program is a labyrinth of unclear eligibility requirements and a baffling case of vanishing funds.

Tags Consumer Advocacy, Debt, Lending, No Loan For You!, Personal Finance, Transparency, Wells Fargo

Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Markets and Finance New Mexico Political Thought Poverty and Inequality Top Issues

Albuquerque Journal: A public bank could crowd out community-based financial institutions

Post author By Patrick M. Brenner
Post date January 22, 2024
No Comments on Albuquerque Journal: A public bank could crowd out community-based financial institutions

The 2022 passage of House Bill 132, which set a stringent cap of 36% on interest rates for consumer loans, is having its intended and significant repercussions on New Mexico’s financial landscape. This was no accident: by restricting the interest rates that small-dollar lenders can charge, the rate cap effectively marginalized an entire segment of […]

Tags Albuquerque Journal, Credit, Debt, Interest Rate, Lending, Michelle Lujan Grisham, No Loan For You!, Patricia Roybal Caballero, Personal Finance, Public Bank