The window is quickly closing for Congress to provide New Jersey homeowners with new and better flood insurance options. Unless the Senate takes action now, property owners across the state could be left facing major issues when the next disaster strikes. More than 233,000 New Jersey home and business owners depend on the National Flood […]
Tropical Storm Colin left the southeastern states and headed toward the North Atlantic leaving up to 10 inches of rain, some wind damage and minor flooding. An estimate of damage to structures has yet to be completed, but compared with storms in recent years coastal residents have avoided hurricane-force devastation. Not so lucky are the residents exposed […]
This week, leaders of House Oversight and Government Reform Committee released draft Postal Reform legislation that neglects to fix the problematic Senate bill and forces the Postal Service further into a downward spiral. Most troubling about this bill is that it permits rates to increase faster than inflation on its already profitable monopoly mail products. […]
This ConsumerGram looks at the impending surge in demand for senior housing in California and finds that policymakers need to take steps now to encourage investment by enacting policies that reduce the time and cost of development and make housing more affordable for seniors. Follow the links to read the entire ConsumerGram or ACI’s news release.
This op-ed, published in The Hill’s Congress Blog, discusses legislation designed to allow Puerto Rico to shaft its investors in order to dig itself out of its spending spree. To read the piece, visit The Hill.
This op-ed discusses the attempt to bailout Puerto Rico’s massive debt. The bailout will likely push costs to bondholders and others, instead of taking steps to deal with the root cause — overspending. Who is holding Puerto Rico’s politicians responsible and what will prevent other states from trying to do the same? The article can be read […]
This FORBES piece discusses the need for better credit card security and the reason why Walmart is suing VISA. It can be read online at FORBES.
Britain’s exit (Brexit) from the European Union (EU) is teed up for a United Kingdom (UK) referendum on June 23, 2016. While it may seem like an insular European issue, Britain’s longstanding cultural, military and trade relationship with the US makes the outcome a matter of potential importance for US consumers. The UK joined the […]
This piece published in Forbes sets the record straight about Chip and PIN credit cards.
The economic fortunes of American families are evolving at different paces after the great recession. From nearly 10% in 2009, unemployment has dropped to 4.9% today. During the recession, many abandoned their place in the labor force and the participation rate remains low today. The median family faces stagnation in income and net worth following […]