Nearly 4 million people have received federal Economic Stimulus Payments on prepaid cards. Many have thrown them out because they look like a scam.
Info on how to use the card and AVOID SERVICE FEES at https://www.nclc.org/images/Issue-Brief-Money-Network-EIP-Cards.pdf
22 Groups Urge CA Legislature to Protect Students’ Financial Aid During COVID-19
The Institute for College Access and Success
Editorial: California should reframe business-oversight agency to protect consumers
Full article in SF Chronicle
Create a State Consumer Financial Protection Agency
CFC and other consumer groups are urging the legislature to support the establishment of state Department of Financial Protection and Innovation to help fill the gap created by the federal Consumer Financial Protection Bureau’s abandonment of its job. Read the coalition letterSan Francisco Chronicle EditorialLos Angeles Times … Read More ›
A quarter of Americans are late on rent, mortgage payments; teleworkers fare better than most
Full article in BOBSULLIVAN.NET Consumer & Cybercrime News
White House and Congress clash over liability protections for businesses as firms cautiously weigh virus reopening plans
Full article in Washington Post here
Stabbing Us in the Back’: United Airlines Cuts Worker Hours After Taking Relief Funds ‘SLAP IN THE FACE’
Rep. Sheila Jackson Lee said this week the funds were not meant as “an economic bail-out” but “to support the hard-working men and women who are the faces of United Airlines.” Daily Beast full story here
Amazon, Whole Foods, Instacart Workers Organize a Historic Mass Strike
On May 1st, frontline workers at some of the biggest corporations in the country will lead a mass strike action, asking customers to boycott Amazon, Instacart, Whole Foods, and Target. Read full story
AutoNation, a retailer worth billions, says it received nearly $80 million in SBA funds
Employees speak out, saying the company took ‘an obscene amount,’ and the board votes to return funds to the government. See the full article from the Washington Post.
Nurses are protesting working conditions under coronavirus — and say hospitals aren’t protecting them
“We know that the CDC policy is built on shortage. It’s not built on proven evidence,” one expert said. Full article click here
CFC Urges Regulation of For-Profit Colleges
Private For-profit colleges charge a fortune for low quality education that too often leaves students and graduates deeply in debt and lacking the skills needed to get living wage jobs. State oversight has been lax. CFC and student advocates are calling on lawmakers to put some teeth … Read More ›