So this happened...(Finale)

Dear Friend -- After reading my Black Friday shopping drama and round two of the saga, you're probably wondering just how things turned out with my holiday shopping for this year. The answer: I determined to take a new approach... Read more

So this happened... (Part2)

Dear Friends, This morning, I began sharing details with you about my Black Friday holiday shopping saga. I wish I could say that the ordeal ended with the initial observations I expressed while sitting in the car in the mall parking lot, but it didn't. Here's part two of that experience... Read more

So this happened...

Dear Friends, Read more

Oakland Just Voted to Explore Public Banking

The City of Oakland, California joins a host of other communities exploring public banking. Read more

Trump's $1 Trillion Infrastructure Plan: Lincoln Had a Better Solution

In Donald Trump’s victory speech after the presidential election, he vowed to rebuild our highways, bridges, tunnels, airports, schools, and hospitals. It sounds great; but as usual, the devil is in the details. Read more

A Message from PBI Chair Walt McRee

Let’s stand together and move forward. Read more

Wall Street Heads Spin Over Trump Weighing Dimon For Treasury

Yesterday, CNBC announced that anonymous sources had told the cable business news outlet that Trump’s advisers were considering JPMorgan CEO Jamie Dimon for U.S. Treasury Secretary. The rumor nugget was quickly spread by other media outlets. The likelihood is that the rumor is coming from Jamie Dimon’s hyper-charged public relations machine rather than from Trump’s closest advisers. Read more

Trump Win Helped Wells Fargo Erase All Losses From Phony Accounts Scandal

After news of its phony accounts scandal broke in August, Wells Fargo’s stock got a long drag through the mud. But with expectations of a presidency that will be much friendlier to the financial industry, investors are finally beginning to show a little forgiveness. Read more

Germany's Financial Watchdog Warns Against Financial Deregulation

President-elect Trump said throughout his campaign he would oppose financial regulations and in May said he would repeal the 2010 Dodd-Frank Wall Street reform law, which was passed in the wake of the financial crisis and empowered federal regulatory agencies to restrict banks' ability to make risky investments. Felix Hufeld, Germany’s financial watchdog, warned that loosening or scrapping of existing laws would lead to a new financial crisis. Read more

Voters Regulate Payday Lending

In South Dakota, where payday loan interest rates average a whopping 652 percent and are among the highest in the nation, voters have struck back by approving a 36 percent rate cap. Read more

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