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From Farce to Menace

Independent Banker

It’s yet another disturbing proposal from the National Credit Union Administration to bureaucratically finagle its way around Congress and federal law. By flouting congressional authority, the tax-exempt credit union model intended to serve only people of modest means and limited constituencies is on the verge of becoming fraudulent.

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CFPB April 2016 complaint report highlights mortgage complaints, complaints from California consumers

CFPB Monitor

General findings include the following: As of April 1, 2016, the CFPB handled approximately 859,900 complaints nationally, including approximately 26,500 complaints in March 2016. The percentage of debt collection and credit reporting complaints submitted by California consumers was lower than the national average.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

While Amazon’s search of a new HQ location at some point became like a national edition of “The Bachelor” where only U.S. Bernie Sanders has with high-test capitalism, particularly as practiced by Walmart — one might not expect the Vermont politician to be the special guest at Walmart’s annual shareholder meeting. Guess what?

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