The Consumer Financial Protection Bureau (CFPB) announced on Tuesday that the banking giant will pay a total of $250 million in penalties for having bogus accounts, with $100 million to be refunded to affected customers. Bank of America has been accused by federal regulators of engaging in fraudulent activities, including the creation of bogus accounts,…
Governor Gavin Newsom‘s campaign aims to address the shortcomings of the state’s response to extreme heat, which has disproportionately affected vulnerable populations such as children, the elderly, and those with chronic illnesses. Governor Gavin Newsom’s administration in California has launched a $20-million campaign called “Heat Ready CA” to warn residents about the dangers of extreme…
This funding, available to 27 states, will be utilized to plug orphan wells that were left behind by the oil and gas industry. The Biden administration, through the Interior Department, has unveiled significant funding of more than $650 million from the Bipartisan Infrastructure Law to tackle the issue of abandoned oil and gas wells Orphan…
San Francisco‘s sanctuary city policies have inadvertently provided significant assistance to drug dealers from Honduras, resulting in a surprising consequence a real estate boom in their home country. The San Francisco Chronicle conducted an investigation and conducted interviews with Honduran migrants involved to sell drugs and drug trafficking within San Francisco According to the migrants,…
Governor Ron DeSantis signed the anti-illegal immigration bill into law in May, and it is set to take effect this weekend. Florida businesses and the agriculture industry in Florida are preparing for the implementation of a new labor law that could have significant consequences for employers and potentially remove many undocumented immigrants from the workforce…
With a looming deadline of September 30 for reauthorization, lawmakers in both parties are seeking input on two remaining legislative proposals. The Senate Health, Education, Labor, and Pensions Committee has unveiled a bipartisan draft of a preparedness bill aimed at renewing a comprehensive emergency preparedness bill However, negotiations in the House Energy and Commerce Committee…
It remains unclear what actions Mayor Eric Adams plans to take to address the situation, other than allocating funds. Mayor Eric Adams has acknowledged the migrant crisis in New York City and the lack of support from the White House Over 100,000 individuals, including a majority of migrants, are currently accommodated in city-operated shelters, apartments,…
The root cause lies in the pervasive issue of inequality. While Social Security continues to support elderly individuals in their golden years, its sustainability is at risk. The real reason behind the impending depletion of Social Security funds is not solely due to the retirement of the baby boomer generation Social Security stands as one…
President Biden’s military policies are facing mounting objections, and the Senate is gearing up for a battle over ethics standards for the Supreme Court. The defense bill takes center stage in Congress as lawmakers return from their Fourth of July recess One of the critical matters under consideration in the House is the $886 billion…
Millennials and Gen-Z adults are finding it increasingly difficult to achieve financial independence, according to a recent study conducted by credit agency Experian. The study found that a mere 28% of participants claimed to be entirely self-sufficient and not reliant on their parents for financial support More than half of the respondents acknowledged that they…