Thursday marks the one-year anniversary of the Dodd-Frank financial overhaul. The new law, which came on the heels of financial catastrophe, was supposed to usher in sweeping change by tightening the reins on the unwieldy financial industry. Now is a good time to ask: Is the financial system any safer?
Not likely. And here are a few …
When Congress introduced credit card reform, the banks and credit card issuers reacted by jacking up rates and adding new fees. Likewise, with the Federal Reserve ruling that banks must reform the way debit card overdraft fees are assessed, there will certainly be unintended consequences: Banks are sure to react with new strategies that …
“Don’t do people favors without asking them.”
There’s a glaring snag in the landmark civil rights bill that was passed in Congress yesterday. Though it purports to protect workers from discrimination based on sexual orientation, it doesn’t cover the transgendered.
First, a little background. When the Employment Non-Discrimination Act was introduced in April, it did include gender …
