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Will the Government Shutdown Affect My Personal Finances?
Oct 01

Will the Government Shutdown Affect My Personal Finances?

On the first day of the open enrollment period for the Affordable Care Act, or Obamacare as it is commonly called, instead of questions about healthcare, many Americans are asking how the government shutdown will impact their lives.

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FDIC to Banks: Stop Blaming Us for Fees You Charge to Customers
Jul 11

FDIC to Banks: Stop Blaming Us for Fees You Charge to Customers

Banks and their regulators, for all their seriousness and formality, sure do seem like a pair of petty, bickering siblings at times. The FDIC recently sent a letter to banks complaining to them about complaints it had received from consumers because banks have been blaming the FDIC for certain fees. Turns out, banks are essentially

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Grad School Looking Even Worse Than It Used To
Jun 29

Grad School Looking Even Worse Than It Used To

Thinking about going to graduate school? You might want to reconsider: it just got a lot more expensive for students taking out federally subsidized loans. Congress just announced it has finally reached a deal on federal student loan rates, which will keep the rates from going higher in July, but only for a year. This

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Will CFPB Get Mandate Treatment? Opponents Challenge Constitutionality
Jun 26

Will CFPB Get Mandate Treatment? Opponents Challenge Constitutionality

On Monday we were spared the Supreme Court’s ruling on the constitutionality of the mandate built into President Obama’s signature health-care reform bill, but we know exactly what we’re going to see from all but one justice. A Bloomberg poll of 21 constitutional law professors found that most think Kennedy is going to vote against

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Obama Campaign Eyes the Volcker Rule, Cynically
May 18

Obama Campaign Eyes the Volcker Rule, Cynically

Combine an election year, a highly disputed and complex regulatory law, a massive and freaky trading loss by a respected bank, and a multimillionaire Republican candidate, and you get a delicious stew of overly politicized regulatory arcania. The Wall Street Journal on Thursday reports that the White House is pushing for a tougher version of

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Barney Frank, Co-Author of Dodd-Frank, to Retire
Nov 28

Barney Frank, Co-Author of Dodd-Frank, to Retire

Barney Frank, U.S. Congressman from Massachusetts and the coauthor of the semi-eponymous Dodd-Frank Act, has announced that he will be retiring from Congress once his term is up. Will anyone be left to fill his shoes?

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