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Taking a swipe at Debit card fees: Banks cry foul, merchants and consumers favor fee cap
Arizona’s Jon Kyl is one of nine U.S. senators who have introduced legislation to delay forced reduction of “interchange fees” banks charge merchants to process debit cards.
Ariz. judge won’t order expanded inflation funding
A judge is refusing to order Arizona legislators to expand the current state budget's inflation adjustment for funding for K-12 public schools.
Being half-right isn’t good enough when you’re Fed chief
Ben Bernanke and his buddies at the Federal Reserve have half the economic equation right. But the half they’ve got wrong could turn out to be quite costly.
Latinos face cultural, structural barriers in building wealth
The reasons that Mexican immigrants remain largely unbanked vary: a lack of legal identification, a history of mistrusting banks in their home country and the perceived complexities of banking in another language.
Financial reform package equals more government intrusion
Congress delivered to the President on July 15 a 2,000-page sweeping rewrite of rules governing the financial system, including banking. This is more government than is needed and an intrusion into the free-market system.
