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Daily Digest – December 10. Senators Urge FCC Not to Re-Classify Text Messages; Student Loan Debt Relief CEO Arrested Trying to Flee Country

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit or call (800) 212-2326.   SENATORS URGE …

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Senators Urge FCC Not To Re-Classify Text Messages

A group of 10 Senate Democrats have sent a letters to Ajit Pai, the chairman of the Federal Communications Commission, urging the agency not to re-classify text messages as information services instead of an information service, a decision it is expected to consider at a meeting on Wednesday. “Should text …

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Healthcare Spending Costs 12% of Average Worker’s Income: Study

The cost of health insurance continues to outpace any increase in wages employees might be receiving, which means healthcare is eating up even more of the income people are bringing home every week, concludes another depressing study. This study, conducted by the Commonwealth Fund, revealed that when adding the cost …

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Kraninger Confirmation Vote Scheduled For Today: Report

A published report says that Senate Majority Leader Mitch McConnell [R-Ky.], is planning on putting the nomination of Kathy Kraninger before the full Senate today to confirm her as the next director of the Bureau of Consumer Financial Protection. It is expected that Kraninger’s nomination will pass the Senate and …

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