Tag: banks
Consumer Financial Protection Bureau cracks down on credit card late fees
The rule was passed in an effort to save 45 million people an average of $220 or more than $10 billion a year.
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."
World’s biggest banks poured $673 billion into fossil fuels last year
“This is one of the most insane misallocations of capital in human history.”
David Barsamian and Noam Chomsky | Savage capitalism
From climate change to bank failures to war.
What connects Trump’s likely arrest with the bank bailouts?
Let's start with multi-billionaire Peter Thiel, and follow the money.
US mega-banks behind 1/3 of climate-destroying oil and gas expansion: Report
"Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors."
Wells Fargo announces commitment to join Net-Zero Banking Alliance and reach...
"Achieving net-zero emissions by 2050 means stopping financing for the expansion of fossil fuels now."
UK banks defend climate record despite billions lent to fossil fuel...
DeSmog research has found that over 86 percent (13 out of 15) of HSBC’s board of directors have current or past ties to polluting companies and industries.
Bankers eager to continue funding oil and gas
Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against.
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143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water
Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.
House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...
Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.
Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA
“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”
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.
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.