Authors Joe Valenti and Tishaura Jones argue that Missouri should ban predatory payday lending, which disproportionately affects people of color.
Mobile financial tools can help the nearly 10 million households without bank accounts enter the financial mainstream and collectively save billions of dollars in fees.
Joe Valenti and Claire Markham discuss the documented economic harm of predatory loans and how faith traditions are reminding policymakers that exploiting the vulnerable is wrong.
Joe Valenti, Director of Consumer Finance, testifies before the U.S. Department of Labor.
The Internal Revenue Service can make administrative changes to help taxpayers qualify for the Saver’s Credit and boost their retirement savings.
The U.S. Department of Education’s proposed regulations of campus financial products would ensure that students’ best interests are met.
Joe Valenti and David Sanchez write on the success of the Consumer Financial Protection Bureau, or CFPB, and recent attempts in Congress to weaken the agency.
Report Aligning lending incentives creates better outcomes for banks and borrowers alike.
The Consumer Financial Protection Bureau’s Safe Student Account Scorecard is a first step toward ensuring that college financial products are designed with students in mind.
The Consumer Financial Protection Bureau’s proposed prepaid card rule adds transparency and security to cards that increasingly resemble bank accounts, but further improvements could be made.
The Consumer Financial Protection Bureau’s Language Access Plan is a step toward empowering consumers with limited English proficiency to participate fully in the financial marketplace.
Expanding the Military Lending Act would better protect service members from becoming trapped in a cycle of debt and risking their security clearances.
Bank regulators’ efforts to update the Community Reinvestment Act reflect changes in the financial marketplace and are valuable first steps toward broader reforms.
By expanding its supervision to include nonbank car loans and leases, the Consumer Financial Protection Bureau’s proposed rule will protect millions of consumers.