Also, still no bailout oversight chair. This is The COVID-19 Daily Report for July 15, 2020.
banking
Posted inCoronavirus
How Banks Are Exploiting the Coronavirus Crisis for Profit
Interviews with frontline bank workers reveal inadequate safety protections and a crisis response tied to profiting from vulnerable customers.
Posted inEconomic Policy
Bank Regulations Can Be Tools of Oppression, Too
The brazen corruption at the Office of the Comptroller of the Currency has a real and devastating impact on downtrodden Americans.
Posted inTAP
America’s One Public Bank Is Number One in Saving Small Businesses
Today on TAP: The Bank of North Dakota helps local banks implement the PPP
Posted inEconomic Policy
The Dawn of the BlackRock Era
The world’s largest asset manager is poised for overwhelming influence no matter who wins the next presidential election.
Posted inEconomic Policy
A Climate Bailout Is a Big Finance Bailout
And now is not the time for either. The Federal Reserve should take note.
Posted inEconomic Policy
The Bailout, the Fed, and the Aftermath
A conversation with former Federal Reserve Governor Sarah Bloom Raskin
Posted inCoronavirus
USAA Grabs Coronavirus Checks From Military Families
The bank, one of the nation’s largest, has told customers it would use the $1,200-per-person payments to offset existing debts.
Posted inCoronavirus
Your Coronavirus Check Is Coming. Your Bank Can Grab It.
Regulators have given banks the green light to use stimulus funds to pay off debts that individuals owe them.
Posted inCoronavirus
Unsanitized: Why Banks Don’t Want to Help Small Businesses
Also, beware the middleman. This is The COVID-19 Daily Report for April 3, 2020.
