Tag: banking
Capital One announces plan to buy Discover
Capital One announced a definitive agreement under which the company will acquire Discover in an all-stock transaction valued at $35.3 billion.
Bank of America pays $250 million to customers and in penalty fees...
CFPB said Bank of America implemented a "double-dipping scheme" to "harvest junk fees" from customers and those actions are "illegal and undermine customer trust."
How activists are trying to change the way banking gets done
A public bank would allow the state of New York to keep its money closer to home, and put it to good work.
Standing Rock’s surprising legacy: A push for public banks
A public bank is an institution owned by a governmental body, funded with taxpayer money, and mandated to serve the public interest.
Tenth anniversary of financial collapse, preparing for the next crash
Many of the root causes of the crisis remain today, making another economic downturn or collapse possible.
HSBC will no longer fund fossil fuel industry
HSBC is among other banks, such as BNP Paribas, to take such critical action against climate change.
A bank even a socialist could love
The fight for public banking is gaining ground in cities and states across the country.
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David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...
As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.
Trump’s Energy Department pick: A Fracking CEO who claims ‘there is no climate crisis’
Wright’s history of denying the severity of climate change raise critical questions about his ability to lead an agency central to energy innovation and climate policy.
Pentagon fails seventh straight audit amid $1 trillion military budget
Meanwhile, Congress continues to approve unprecedented increases in military spending, pushing the budget close to $1 trillion.
Protesters demand US Senate block weapons sales to Israel amid Gaza death toll exceeding...
Emblazoned with slogans like “Stop Arming Israel” and “Fund Housing, Not Genocide,” demonstrators gathered in the Hart Senate Office Building ahead of a pivotal Senate vote on Wednesday.
Senate rejects Sanders’ push to halt US arms sales as weapons fuel 44,000 deaths...
The Senate overwhelmingly voted against the measures, leaving advocates of peace and human rights questioning U.S. complicity in the alleged war crimes unfolding in Gaza.