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May

20
2024
Industry News

General Motors Faces Major Criticism for Collecting and Selling the Data of Millions of Drivers

The story came to light when a New York Times reporter, who herself was affected, dug deeper into General Motors’s data handling practices. Despite taking all necessary precautions to prevent data tracking in their 2023 Chevy Bolt, the reporter, and her husband were shocked to discover detailed reports of their driving habits being sold.

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May

20
2024
Trends

Maxed-Out Borrowers Face Rising Delinquency Rates Amid High Interest Rates, New York Fed Reports

The New York Fed‘s latest findings depict a troubling scenario of American household debt, with total balances reaching $17.69 trillion, and mortgage balances rising to $12.44 trillion.

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May

20
2024
Industry News

Congress, CFPB Reactions to U.S. Supreme Court’s Decision on CFPB Funding Structure

Members of Congress and the Consumer Financial Protection Bureau reacted across the board to the highly-anticipated U.S. Supreme Court decision on the bureau’s funding structure in Community Financial Services Association of America Ltd. (CFSA) V. CFPB issued May 16.

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May

20
2024
Trends

An eye on the financials

Jefferson Financial Federal Credit Union CFO Casey Kucera offers insights into what finance leaders are focusing on.

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May

20
2024
Industry News

Attorney General Ellison commends Senate for final passage of the Debt Fairness Act

May 16, 2024 (SAINT PAUL) – Today, following the final passage of the Debt Fairness Act in the Minnesota Senate, Attorney General Keith Ellison, state Senator Liz Boldon, and state Representative Liz Reyer released statements celebrating the good this bill will do in the lives of Minnesotans.

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