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CFPB CONTINUES ROLE AS POLITICAL FOOTBALL AS ITS EFFICACY IS DEBATED
- A fairly balanced look at the effects the Consumer Financial Protection Bureau has had on consumers, albeit using only one example of an issue a couple had with their mortgage servicer. Tackling the partisan divide that separate Republicans and Democrats on their views of the agency, and advocates on both sides of the debate, the article does draw the conclusion that the CFPB has been a good thing for consumers. Although, as one opponent says, “If one toaster out of a thousand toasters explodes, their view is get rid of all the toasters.”
MANY CONSUMERS STILL UNABLE TO COVER SMALL EMERGENCY EXPENSES, BUT FEWER GOING WITHOUT MEDICAL CARE BECAUSE THEY CAN’T AFFORD IT
- Nearly 76 million adults are either “struggling to get by” or “just getting by” according to a survey conducted y the Federal Reserve Board. And 27% of respondents went without some type of medical care last year because they could not afford it, which was a “statistically significant” decline from 31% a year earlier, according to the study. A copy of the report can be downloaded here.
WORTH NOTING: The CEOs of top companies made 15% less in 2015 than a year earlier, but that 15% still meant an average compensation of $19 million … A networking trick for people who hate networking … 40,000 Verizon employees are heading back to work, ending a month-long strike … The secret to increased productivity is taking time off … 15 people who prove you don’t have to wake up early to be successful … Outrage from Gorilla-gate does not appear to be dying down … Women are more interested in sex than their male partners realize … Four social media mistakes you are unknowingly making … Why microwave ovens open from right to left … What you need to know about a lot of changes that are coming to the labels on food and drinks … Nine bad habits you must break to be more productive.
Nine useful LEGO hacks
Watch a hacker break into a company
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
