Would reducing paper money help the federal deficit? The House Committee on Financial Services investigated the concept in a Nov. 29 hearing as the Government Accountability Office presented its conclusions that replacing dollar bills with coins would save $4.4 billion over the next … [Read more...]
CFPB Proposes CARD Act Amendment to Help Stay-at-Home Moms
The Consumer Financial Protection Bureau announced its proposal to allow stay-at-home spouses and partners easier access to open credit accounts. The rule would consider shared income from a working spouse or partner when applying for a credit card account. … [Read more...]