Better living through better policy.

Tag: Personal Finance

American Banker: CFPB’s latest overreach threatens to nationalize consumer finance

Post author By Patrick M. Brenner
Post date March 18, 2024
No Comments on American Banker: CFPB’s latest overreach threatens to nationalize consumer finance

Originally published at americanbanker.com on March 15, 2024. In a bold move that may reshape the U.S. consumer finance landscape, Rohit Chopra’s Consumer Financial Protection Bureau has issued Consumer Financial Protection Circular 2024-01, marking a significant overreach into how Americans access financial services. This circular scrutinizes digital intermediaries, such as comparison-shopping tools and lead generators, dictating […]

Tags Accountability, Consumer Financial Protection Bureau (CFPB), Finance, Free Market, Personal Finance, Rohit Chopra, Transparency, Wells Fargo

Arizona California Colorado Culture Domestic Policy Economic Opportunity Economy Government Spending Markets and Finance Nevada New Mexico Oklahoma Political Thought Public Opinion Reports Social Security Texas Top Issues Updates Utah

Report: 58 is the New 62

Post author By Southwest Public Policy Institute
Post date February 15, 2024
No Comments on Report: 58 is the New 62

Rethinking American Retirement and Social Security

Tags Personal Finance, Retirement, Social Security

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
No 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 […]