The goals of the Consumer Financial Protection Bureau (CFPB) are admirable. But the one-size-fits-all regulatory environment brought about by its single-director structure just isn’t working. Creating a commission of multiple voices to lead the bureau would allow it to function in the best interests of consumers.
For many years, but most especially over the last decade, Nebraska’s credit unions and community banks have been bombarded by an onslaught of rules and regulations originating from Washington, D.C. Credit unions and community banks desire a sound regulatory environment that makes sense for consumers rather than one that penalizes them for the actions of […]
What is the banking lobby afraid of? The National Credit Union Administration (NCUA) has adopted new rules that will allow credit unions to do what we do best — help groups of individuals to pool their savings to provide each other safe and affordable credit, particularly where banks are unwilling or unable. In practice, this […]
There are many silly days of observance scattered throughout the year, but one fake holiday presents a real, hidden message lawmakers in Washington should heed.
A certain presidential candidate made that phrase famous. But whoever is elected to the White House this November should say those words to the head of a rogue government entity, which the courts have finally forced into providing a measure of accountability.