Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee
#NNPA BlackPress

Waters at Hearing with Megabank CEOs: Megabanks Have Treated Fines as Cost of Doing Business

NNPA NEWSWIRE — WASHINGTON – Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” […read more]

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Read below for 10 tough questions Committee Democrats asked the CEOs to answer during the hearing.
#NNPA BlackPress

ICYMI: At Hearing with Megabank CEOs, Committee Democrats Ask Hard-Hitting Questions

NNPA NEWSWIRE — WASHINGTON – Yesterday, at a hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis,” Committee Democrats asked the Chief Executive Officers (CEOs) of seven of the nation’s largest financial institutions tough questions on behalf of hardworking consumers. […read more]

Charleston Chronicle

Increasing H.O.P.E. Announces Annual Free Financial Literacy Month Event

CHARLESTON CHRONICLE — The Increasing H.O.P.E. Financial Training Center is pleased to announce its 14th presentation of Money Fair Saturday, April 13, 2019, from 10:00 am – 2:00 pm at the Royal Life Center at 4750 Abraham Avenue in North Charleston. In addition to providing financial literacy and education during its annual community outreach, the non-profit organization will host the 2nd Annual Pastors & Leaders Money Roundtable at 11:00 am. […read more]

Business

FDIC Sues Banks Over Rate Rigging

[Fox Business] The Federal Deposit Insurance Corporation – one of the main U.S. bank regulators – sued many of the world’s largest banks on Friday, charging them with rigging a key global interest rate. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C),  and Barclays Read More

Business

Inaugural Corporate Donors Include Bank Of America, Coca-Cola, Microsoft

[Huffington Post] President Obama’s second welcome into office will be brought to you by Bank Of America, Coca-Cola and Microsoft. Those three companies are among the many backers of Obama’s inaugural festivities, according to a list posted by the Presidential Inaugural Committee. Other corporations donating to fund the Read More