Monthly Archives: November 2017

A Bad Idea?

This morning, I spent 45 minutes convincing a Verizon support person–via chat–to credit my account for charges I did not authorize. In the end, he issued a $55 credit, up from $11 at the start. Was it a good idea? Was it worth it? A new book suggests, “Probably not!” Dollars and Sense: How We […]

CDFI Fund Advisory Board Meeting Updates

Today money+purpose is monitoring the CDFI Fund’s Advisory Board meeting in Washington, DC. Look for news updates during the day. One Big Takeaway from the Day: From Secretary Mnuchin through senior Treasury staff to Advisory Board Meetings, the day was upbeat and positive. The CDFI Fund’s bipartisan appeal seems to continue at a steady pace, […]

Trump’s CRA Impact

The announcement today that Richard Cordray will step down as Director of the Consumer Financial Protection Bureau (CFPB) made headlines and puts the work of the CFPB at risk. Less visible but no less significant in today’s news is the New York Times’ story about the taming of the Office of the Comptroller of the […]

Appreciating Janet Yellen, the Future Former Federal Reserve Board Chair

With the formal announcement today that President Trump is nominating Jay Powell as the next Chair of the Federal Reserve Board of Governors, it’s not a bad time to breath out … and then breath in. Breath out a sigh of relief that the President chose someone who respects CDFIs and the Community Reinvestment Act […]