Results for: consumer debt

Senate Votes to Overturn Biden Rule on Limiting Fees Banks Charge for Overdrafts
https://pjmedia.com/rick-moran/2025/03/28/senate-votes-to-ov…le-on-limiting-fees-charged-by-banks-for-overdrafts-n4938366
– Another ill-considered rule written by the Consumer Financial Protection Bureau (CFPB) is going to be deep-sixed after the Senate voted … He also issued a rule that would force credit reporting agencies to leave off medical debt from credit reports.…
The Legacy Dinosaur Media Has the Next BIG LIE Ready to Go
https://pjmedia.com/vodkapundit/2025/03/11/the-legacy-dinosaur-media-has-the-next-big-lie-ready-to-go-n4937779
Consumer spending is driven in large part by cheap imports from a country that hates us. …  Getting over our addiction to new debt will be painful.…
This Might Be the Best Idea for DOGE Yet
https://pjmedia.com/matt-margolis/2025/02/19/this-might-be-the-best-idea-for-doge-yet-n4937117
Debt Clock, DOGE has already saved us over $113 billion.Not a bad start for less than a month of work. … This isn't mere pocket change; it's a spark for consumer spending and an incentive for people to reenter the workforce. … For millions burdened by debt, this could provide the fresh start they need, easing financial strain and boosting their ability to…
Trump Administration Celebrates a Whopping 50 Wins in 50 Days!
https://pjmedia.com/paula-bolyard/2025/03/10/trump-administration-celebrates-a-whopping-50-wins-in-50-days-n4937760
– bureaucrats.President Trump ordered the termination of all federal Fake News media contracts.The Trump Administration ordered the Consumer … Secretary of State Marco Rubio, Panamanian President José Raúl Mulino agreed to withdraw from the Chinese Belt and Road Initiative, a debt-trap…
Legendary Coach and Major Company Team Up to Offer Hope to Helene Victims
https://pjmedia.com/sarah-anderson/2025/02/02/legendary-coac…jor-company-team-up-to-offer-hope-to-helene-victims-n4936592
–   Anyway, Verizon partnered with ForgiveCo and made the decision to forgive $10 million worth of debt held by 6,500 hurricane … The debt relief was implemented by ForgiveCo, whose “random acts of kindness” model purchases consumer debt in the affected areas,…
Mortgage Rates Shoot Up to 7%, the Highest Rate Since May
https://pjmedia.com/rick-moran/2025/01/16/mortgage-rates-shoot-up-to-7-the-highest-rate-since-may-n4936061
– That's not going to grant much relief to mortgage shoppers, but it may ease some consumer credit for bank cards and auto loans.CNBC … But for those carrying a balance from month to month, “borrowers need to press on with debt-repayment efforts,” McBride said.…
Biden Administration Removes Medical Debt From Credit Reports
https://pjmedia.com/rick-moran/2025/01/07/biden-administraqtion-removes-medical-debt-from-credit-reports-n4935747
– Not so much for the rest of us.Medical debt, like all other debt, is money borrowed from someone else. …  The White House argues that medical debt should be treated differently than other kinds of debt incurred from overspending such … medical debt is different because, unlike too much credit card debt or taking on "too much house," medical debt is not optional.…
10 New Ideas To Make America's Economy Great Again in 2025
https://pjmedia.com/stephen-moore/2024/12/24/10-new-ideas-to-make-americas-economy-great-again-in-2025-n4935395
– We all want worker safety, a clean environment and consumer protections, but in too many cases the costs of regulations far outweigh … We can use the royalty payments and leases to reduce our national debt while creating hundreds of thousands of jobs.5.…
Sherrod Brown’s Loss Reflects the Broad Unpopularity of an Aggressive Regulatory Agenda
https://pjmedia.com/leif-larson/2024/12/09/sherrod-browns-lo…oad-unpopularity-of-an-aggressive-regulatory-agenda-n4934968
– Americans want a more balanced economic approach — one that emphasizes reasonable regulations, narrows government oversight, puts consumer … has shown continued support for federal agencies, such as the Federal Trade Commission (FTC), Department of Justice (DOJ), and Consumer … roll out similarly ill-thought-out actions that could negatively impact consumers, such as its proposals on junk fees and medical debt
A Big NO to 'Rum Cover-Over' Extension in Lame Duck Session (but Big Yes to Rum in General)
https://pjmedia.com/christian-josi/2024/12/05/big-no-to-rum…xtension-in-lame-duck-but-big-yes-to-rum-in-general-n4934862
– taxes on spirits to remove this abused tax provision from the tax code.Related: 'Made in China' Is the Latest Pretext to Curb Consumer … This is a staggering amount of money that either should be returned to consumers by abolishing the excise tax or used to pay down debt
After Greenlighting Student Loan Debt Relief by Georgia Court, Missouri Judge Blocks It Again
https://pjmedia.com/rick-moran/2024/10/04/after-greenlightin…ief-by-georgia-court-missouri-judge-blocks-it-again-n4933064
– It was a busy two days on the student loan debt relief front. … On Wednesday, one federal court in Georgia allowed Biden's $73 billion scheme to magically wipe out debt to move forward after removing … “Allowing Defendants to eliminate the student loan debt at issue here would prevent this Court, the U.S.…
WHOA: Even MSNBC Just Admitted the Biden-Harris Economy Is in Trouble
https://pjmedia.com/vodkapundit/2024/09/19/whoa-even-msnbc-just-admitted-the-biden-harris-economy-is-in-trouble-n4932675
– Shares of consumer-lending companies slid this past week after executives raised warnings about lower-income borrowers who are struggling … Credit card debt is at record highs. Delinquencies are on the rise, too — for housing, autos, and credit cards.…
That’s Trudeau for You
https://pjmedia.com/david-solway-2/2024/09/19/thats-trudeau-for-you-n4932662
– industry with the vengeful surcharge, adding approximately $10,000 in annual operating costs per truck, an expense passed on to the consumer … climate one discernible jot, though it will serve to impoverish the people and place future generations under a crushing burden of debt
Is the Federal Reserve Cutting Interest Rates Too Soon?
https://pjmedia.com/rick-moran/2024/08/23/is-the-federal-reserve-cutting-interest-rates-too-soon-n4931925
– That’s because lower borrowing costs will provide relief for the housing market and boost share prices, with corporate debt costs set …  “I see a strong consumer,” said Michael Strain, director of economic policy studies at the conservative American Enterprise Institut…
The Biden-Harris Economy Has Made Americans Poorer and Fearful of the Future
https://pjmedia.com/rick-moran/2024/08/16/the-biden-harris-e…has-made-americans-poorer-and-fearful-of-the-future-n4931707
– Wall Street Journal:The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already … also boosted food stamps, expanded eligibility for ObamaCare subsidies and waved away hundreds of billions of dollars in student debt
The Election Is Coming! It’s Time for Biden to Raid the Strategic Petroleum Reserve!
https://pjmedia.com/matt-margolis/2024/05/22/the-election-is…e-for-biden-to-raid-the-strategic-petroleum-reserve-n4929229
– after making similar allegations about Biden’s attempt to forgive hundreds of billions of dollars in federally owned student loan debt … Overall consumer costs have climbed 20%, which, of course, is a problem for his reelection campaign.…
Trump Needs to Make a Cap on Credit Card Interest Rates a Top Campaign Issue
https://pjmedia.com/gregbyrnes/2024/05/14/trump-needs-to-make-credit-card-companies-a-top-issue-n4929022
– The worst form of debt is credit card debt. It is easier to put the plastic down than fork over the green. … The power of compound interest on that debt is ignored. … could lift the cross of debt from millions of Americans.…
'Make Government Work'
https://pjmedia.com/john-stossel/2024/05/01/make-government-work-n4928660
– chaos at the border, our military's botched withdrawal from Afghanistan, the rising cost of living, our unsustainable record-high debt … I learned that as a consumer reporter watching bureaucrats regulate business. …         "With a free market," Stringham replies, "The consumer votes every single day with the dollar.…
Joe Did That: Inflation Costs Americans an Extra $1K Monthly
https://pjmedia.com/catherinesalgado/2024/04/12/joe-did-that-inflation-costs-americans-1k-extra-monthly-n4928137
– Workers Say Inflation Outpaced IncomeThe Consumer Price Index (CPI), which measures the costs of what is supposed to be a representative … Inflation is causing Americans to use up savings and increasingly rack up credit card debt to meet expenses, a situation that is both … risky and unsustainable.Related: Trucker Warns That the Biden Administration Is Destroying a Vital IndustryCredit card debt in…
Credit Card Delinquencies Hit All-Time High, So Biden Caps Late Fees
https://pjmedia.com/rick-moran/2024/04/12/credit-card-delinquencies-hit-all-timer-high-so-biden-caps-late-fees-n4928127
–  If people are carrying debt to compensate for steeper prices, they could end up paying more for items in the long run. … and $8,124 in interest to pay off the debt making the minimum payments. … And if you can't pay your bill on time, perhaps you've taken on too much debt and whose fault is that?…
Politicians and Technological Complexity
https://pjmedia.com/richard-fernandez/2023/08/04/politicians-and-technological-complexity-n1716413
– “The lifting of Covid-19 pandemic curbs has been followed by an unusual bout of falling consumer prices instead of a surge. … A drop … records for spending and deficits… The biggest increase in outlays so far this year has been net interest on the soaring federal debt
99-Year-Old Trucking Company Shuts Its Doors
https://pjmedia.com/chris-queen/2023/08/01/99-year-old-trucking-company-shuts-its-doors-n1715080
– “Now [Yellow’s] debt service is just enormous.” … Over the years, Yellow gobbled up many of its competitors in ambitious mergers, which also meant taking on the debt that those companies … “This could mean longer lead times, potential delivery delays, and increased costs — all of which could be passed on to the consumer
The Latest Disney Rumor Is Mouse-S*** Crazy
https://pjmedia.com/vodkapundit/2023/08/09/the-latest-disney-rumor-is-mouse-s-crazy-n1717499
– Bob Iger might be prepping his company for a buyout — and the Hollywood Reporter rumor mill speculates that the buyer could be consumer … But, yes, Apple could gain a controlling interest in Disney without taking on massive debt.…
Inflation Is the Issue That Will Topple the Democrats
https://pjmedia.com/david-p-goldman/2021/05/12/inflation-is-the-issue-that-will-topple-the-democrats-n1446407
– It destroys real income in order to reduce the real cost of debt service — until creditors revolt, and demand an extra risk premium … There’s worse to come, as higher housing costs feed into consumer prices. … There’s worse to come, as higher housing costs feed into consumer prices.…
Jeff Bezos Now Owns James Bond: Amazon Buys MGM Studios—What Does It Mean for Entertainment?
https://pjmedia.com/stephen-kruiser/2021/05/26/jeff-bezos-now-owns-james-bond-amazon-buys-mgm-studios-n1449965
– Including debt, the value of the deal is $8.45 billion, Amazon said. … I am a big consumer of the streaming services.…
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