That’s why it’s so concerning to see the onslaught of attacks against the CFPB from this Congress. Legislators have proposed a long list of bills that would defund and defang the CFPB, making it harder to take action against...
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education have taken action against for-profit colleges, most notably Corinthian Colleges. In the past year, the CFPB and the Department of Education cut off Corinthian Colleges’ access to...
Gov. Rauner’s FY16 budget cut proposals include: • $3.1 million cut to homeless youth services • $1 million cut to homeless prevention funding • $14.1 million cut to supportive housing services These cuts come after funding has already been...
A woman who lives nearby says that people still live there (“squatters’ rights”). After the housing crisis, says the woman (she declined to give her name), “people had no place to go so they moved in wherever they could...
Woodstock Institute will honor Chopra with a Community Investment Award on May 14. In his role leading the Bureau’s work for students and young Americans, Chopra has been vocal about the need for reform in the student loan market....
When the lobbyist completed his remarks, Biss pulled him aside and asked him for the number of the bill the lobbyist had squelched. “Now, he probably wishes he hadn’t ,” Biss said at a recent New America event...
More consumers are using prepaid cards, but the industry is still lightly regulated, meaning consumers can be hit with unexpected fees and other harmful features. In 2012, consumers loaded $65 billion onto prepaid cards with 9.2 billion transactions. Fees...
At Woodstock Institute’s 2015 Community Investment Awards, we will present Heartland Alliance with a Community Investment Award for their work to advance retirement security. Heartland Alliance is one of the leading anti-poverty organizations, with 125 years of service. Heartland...
In many Chicago neighborhoods, “Chuy” signs outnumber those of incumbent Mayor of Chicago and former Congressman Rahm Emanuel. “Chuy,” the nickname of Jesus García, is a former alderman, state senator and current Cook County Commissioner who wants to unseat...
Colleges often enter into marketing agreements with banks, which may generate revenue for the schools. According to the Government Accountability Office, at least 852 schools have agreements to provide debit or prepaid cards to their students. These marketing agreements...