The American banking system is poised for a revolution — one driven by technology and competition — but on Capitol Hill, it’s facing a traffic jam. Maxine Waters, a progressive firebrand, chairs the House Financial Services Committee. The Senate remains under Republican control. The White House, for all its deregulatory pronouncements, seems too busy with other issues to devote much energy to major legislative changes to financial regulation.
Waters wants to be a champion for those currently underserved by the U.S. financial system. There are many of the so-called unbanked:, 6.5 percent of U.S. households lack a bank account. For minorities and the poor, the share is much higher: 16.9 percent of African-American households and 14 percent of Hispanic ones lack a bank account, compared with just 3 percent of white households.
No see cant
The IRS says that in 2018 in ADDITION to Americans now taking home MORE money with EACH Paycheck that the Average Refund Has gone UP
⭐️⭐️⭐️🇺🇸 I can’t believe this Corrupy woman has ANYTHING to do or say about any finance!
Modern American finance only cares about transferring as much wealth as possible from working class people to the ultra rich
No one has anything in common with Maxine Waters
Until someone lobbies her more money.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: latimes - 🏆 11. / 82 Read more »