Truthout
Banks
ALEC Is Pushing a Bill That Punishes Banks for Divesting From Fossil Fuels
The bill would block firms that end these investments from receiving state government contracts or managing state funds.
USPS Pilot Program Could Lead to Restart of Agency’s Nationwide Banking Services
The postal service charges fees that are significantly lower than what payday lenders charge customers to cash checks.
Warren Introduces Bill to Protect Bank Customers, Small Banks From Consolidation
Federal regulators haven’t formally rejected a bank merger in 15 years.
Former Sinema Aide Now Fights Tax Hikes as JPMorgan Chase Lobbyist
The bank is a top critic of Biden's proposed corporate tax hike and has donated $47,500 to Sinema's campaign and PACs.
Tlaib and Pressley File Bill to Force Fed to Divest Banks From Fossil Fuels
The bill requires the Fed to ensure bank financing projects are in line with the U.S.’s climate commitments.
IPCC Findings Illustrate Need for Banks and Insurers to Divest From Fossil Fuels
Financial institutions must take rapid, aggressive action to decarbonize our economy.
Predatory Banks at Walmarts Made Over 100 Percent of Profits From Overdraft Fees
Banks that earn most of their income from overdraft fees resemble payday lenders more than traditional banks.
$300 Million in COVID-19 Aid Went Directly to Corporations Over Small Businesses
Multiple class-action lawsuits allege big banks prioritized corporate greed by putting big firms first in line.
Following Earthquake, Puerto Rico’s Largest Bank Hinders a Just Recovery
Hundreds of vacant residences that were repossessed by the banks could be used to house 6,400 displaced people.
Banks Use Public Credit Backed by Public Funds to Feed Bottom Lines
Some experts believe bankers are depriving small businesses of affordable loans in order to line their own pockets.