Since its inception, the fintech industry has seen consistent change and evolution. An article on Finovate published May 28, says the past few months have seen even more rapid change in this “extraordinary time”. In the article, Adrienne Harris Ford...
On Friday, February 3, President Donald Trump signed two executive orders rolling back provisions of the 2010 Dodd-Frank Act, a signature achievement of the Obama administration that was passed in response to the financial crisis that began in 2008....
President-elect Donald Trump and treasury secretary nominee Steven Munchin have both threatened to “dismantle” or “kill” aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. In a December 8 op-ed for Fortune, Michael...
The financial crisis lay bare how the financial system failed the nation but left hidden the many ways in which that system still fails the most vulnerable Americans. In No Slack, Michael S. Barr explores how low- and moderate-income households cope with financial stress, use financial services to make ends meet, and often come up short. Many households were overleveraged or paid high costs for financial services, while others lacked access to useful financial products that can cushion against economic instability.
