HARRISBURG, Penn. - (06/30/05) The issue of financial literacy is nowspreading to newspaper reporters and editors, at least inPennsylvania. The Pennsylvania Newspaper Association Foundation hasreceived a grant to educate newspaper reporters and editors onfinancial literacy. Mike Wishnow, SVP, Communications &Marketing with the Pennsylvania CU Association, has been named to a12-person advisory panel that has been charged with developingeducation sessions for journalists on personal finance concepts andexplaining how the information can be used in publishing a varietyof news stories, not only specific to business or financialinstitutions. Plans are to include high school and collegejournalism students in the financial education programs.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
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The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
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Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
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Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





