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AFSA President: Rate Caps Lead to Civil Rights Losses, Not Consumer Protection Victories

Thursday, July 29, 2021 - 5:09pm

In his testimony Himpler detailed the important role that traditional installment lenders play in their communities, offering responsible small dollar credit to hardworking Americans.

Key Points: 
  • In his testimony Himpler detailed the important role that traditional installment lenders play in their communities, offering responsible small dollar credit to hardworking Americans.
  • He also warned of the disastrous effect a 36% rate cap would have on Americans ability to manage their own financial lives.
  • It is a civil rights loss, said Himpler in his testimony.
  • Based in Washington, D.C., the American Financial Services Association (AFSA) is the national trade association for consumer credit, committed to protecting access to credit and consumer choice.

LifeYield Partners With White Glove to Create Tech-Integrated Prospecting Seminar

Tuesday, July 27, 2021 - 3:00pm

Through White Glove, advisors will be able to access an educational seminar highlighting the Social Security Administrations purpose and the challenges its 2,700+ rules pose to individuals and couples filing for benefits.

Key Points: 
  • Through White Glove, advisors will be able to access an educational seminar highlighting the Social Security Administrations purpose and the challenges its 2,700+ rules pose to individuals and couples filing for benefits.
  • White Glove handles the details of setting up a seminar venue, coordinating registrations and email campaigns so the advisor can focus entirely on reaching new prospects.
  • LifeYields partnership with White Glove comes after many users of LifeYields solutions have requested seminar material to support the use of Social Security+ as a tool for business growth.
  • To learn more about the partnership between LifeYield and White Glove, sign up for an upcoming August 4 webinar here .

Quaker Lobby Deplores Boost in Pentagon Spending

Friday, July 23, 2021 - 6:50pm

Adding billions of dollars more to an already out of control Pentagon budget is unconscionable in todays reality.

Key Points: 
  • Adding billions of dollars more to an already out of control Pentagon budget is unconscionable in todays reality.
  • Randall also criticized the bills expansion of the Selective Service System to require that women register for the draft.
  • More Pentagon spending means more violence against Black and brown people, said Diana Ohlbaum, FCNLs legislative director for foreign policy.
  • FCNL recently issued a series of papers calling for a cancellation of the GBSD and had called on Congress to cut wasteful defense spending.

Lucy Dunn to Retire as Orange County Business Council President and CEO

Thursday, July 22, 2021 - 5:40pm

Orange County Business Council (OCBC) announced today that Lucy Dunn, President and CEO, intends to retire effective December 31, 2021, after 16 years at the helm of the organization.

Key Points: 
  • Orange County Business Council (OCBC) announced today that Lucy Dunn, President and CEO, intends to retire effective December 31, 2021, after 16 years at the helm of the organization.
  • During her tenure, Dunn has become one of the regions most influential voices and trusted advocates for the business community.
  • Orange County today has an enviable reputation statewide, and even nationally, as a special place to live and do business.
  • Orange County Business Council (OCBC) represents and promotes the business community, working with government and academia, to enhance Orange Countys economic development and prosperity to preserve a high quality of life.

Prevent Opioid Abuse Calls on Congress to Pass the Opioid Patients’ Right to Know Act

Thursday, July 22, 2021 - 4:00pm

Pointing to the record number of opioid overdoses in the wake of the COVID-19 pandemic, Prevent Opioid Abuse today called on Congress to help put the brakes on further spikes in dependence and addiction throughout the nation by moving expeditiously to pass the Opioid Patients Right to Know Act (H1185).

Key Points: 
  • Pointing to the record number of opioid overdoses in the wake of the COVID-19 pandemic, Prevent Opioid Abuse today called on Congress to help put the brakes on further spikes in dependence and addiction throughout the nation by moving expeditiously to pass the Opioid Patients Right to Know Act (H1185).
  • The Opioid Patients Right to Know Act would create a grant program to incentivize states to require prescribers to discuss the addictive qualities of the drugs with patients and inform them of alternative treatment options before prescribing them for acute pain.
  • The Opioid Patients Right to Know Act provides the incentives needed to persuade every state in the nation to adopt this proven prevention measure.
  • The Opioid Patients Right to Know Act is sponsored by U.S. Representative David Trone (D-MD), along with Reps.

Citizens Against Government Waste Names Rep. Peter DeFazio July 2021 Porker of the Month

Wednesday, July 21, 2021 - 5:49pm

Today, Citizens Against Government Waste (CAGW) named House Transportation Committee Chairman Peter DeFazio (D-Ore.) our July 2021 Porker of the Month for introducing the wasteful and earmark-loaded INVEST in America Act.

Key Points: 
  • Today, Citizens Against Government Waste (CAGW) named House Transportation Committee Chairman Peter DeFazio (D-Ore.) our July 2021 Porker of the Month for introducing the wasteful and earmark-loaded INVEST in America Act.
  • Rep. DeFazio led the effort to pass the exorbitantly expensive five-year $715 billion transportation bill , which is chock full of wasteful spending and earmarks.
  • Rep. DeFazio also included Green New Deal policies, claiming that, We have a new existential challenge, which is climate change.
  • Citizens Against Government Waste is a nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

Fixing Potholes Shouldn’t Cost Seniors More at the Pharmacy Counter

Monday, July 19, 2021 - 10:21pm

Delaying or eliminating Part D rebate reforms aimed at lowering out-of-pocket costs for seniors at the pharmacy counter is not a defendable 'pay for' to fund infrastructure.

Key Points: 
  • Delaying or eliminating Part D rebate reforms aimed at lowering out-of-pocket costs for seniors at the pharmacy counter is not a defendable 'pay for' to fund infrastructure.
  • Rebates lower drug costs for insurers, but patients taking the medicines often do not benefit from rebates or other discounts.
  • With rebate reforms, Medicare beneficiaries would finally see their drug spending go down at the pharmacy counter as savings from rebates and other discounts on medicines have to be shared with beneficiaries.
  • Lowering out-of-pocket costs improves medication adherence, which in turn lowers total healthcare spending and reduces the burden of illness.

Settlement of the ITC Investigation with Respect to Pictos’ Intellectual Property

Monday, July 19, 2021 - 8:57pm

If an exclusion order had been fully implemented, it potentially would have stopped over $16 billion in imports of Samsung products.

Key Points: 
  • If an exclusion order had been fully implemented, it potentially would have stopped over $16 billion in imports of Samsung products.
  • In this case Pictos sought to protect its intellectual property consistent with the protections obtained with other major corporations such as Apple, Kyocera, LG, Sony, and Nokia."
  • We are pleased to resolve our dispute with Samsung and will seek to protect our U.S. technology from foreign interests that wantonly use our intellectual property in opposition of U.S. intellectual property rights.
  • Pictos Technologies Inc. is a U.S. owned company based in San Jose CA and organized under the laws of the State of Delaware.

Insa Announces Support for Federal Legislation to Legalize Cannabis

Friday, July 16, 2021 - 2:13pm

Insa, a leading Massachusetts-based cannabis provider, today expressed support for the draft of the Cannabis Administration and Opportunity Act unveiled this week by leading Senate Democrats, pointing to the potential job creation and economic opportunities in the Commonwealths state-regulated cannabis industry.

Key Points: 
  • Insa, a leading Massachusetts-based cannabis provider, today expressed support for the draft of the Cannabis Administration and Opportunity Act unveiled this week by leading Senate Democrats, pointing to the potential job creation and economic opportunities in the Commonwealths state-regulated cannabis industry.
  • The proposed legislation, which would remove cannabis from the federal list of controlled substances and help end the long practice of targeting communities of color, would remove legal confusion and allow states to craft and enforce their own cannabis laws.
  • For far too long, cannabis has been illegal under federal law, leading to the unjust treatment of communities of color and other underrepresented groups and individuals.
  • Insa agrees with the senators that other lawmakers in Washington should respect the rights of states that have chosen to legalize cannabis.

Anticipating a Major Opportunity to Advance Financial Security, Commonwealth Scales Tax Credit Access Initiative For Low- and Moderate-Income Families of Color

Wednesday, July 14, 2021 - 1:00pm

The fundamental changes to the tax code included in the American Rescue Plan Act of 2021 (ARPA) present a monumental opportunity to advance the financial security of financially vulnerable American families.

Key Points: 
  • The fundamental changes to the tax code included in the American Rescue Plan Act of 2021 (ARPA) present a monumental opportunity to advance the financial security of financially vulnerable American families.
  • On July 15, 2021, the IRS will begin monthly payments of the advance child tax credit, continuing through December 2021.
  • Commonwealths first rapid reaction campaign with partners Neighborhood Trust Financial Partners and SaverLife clearly communicated the changes in the tax credits to the most vulnerable families.
  • Commonwealth is a national nonprofit building financial security and opportunity for financially vulnerable people through innovation and partnerships to change systems.