Chris Arnold

Chris Arnold appears in the following:

How The House Tax Overhaul Bill Could Hurt Affordable Housing

Friday, December 15, 2017

Builders of affordable housing say the House Republican tax plan has a poison pill inside it that removes a tax incentive crucial for about half of the affordable housing units that get built.

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Tax Bill Favors Adding Robots Over Workers, Critics Say

Friday, December 08, 2017

They say the Republican tax proposals encourage companies to buy robots instead of hiring people and creating jobs. Some employers and economist say the bill should promote training instead.

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A Promise Of $1,200 Not Enough To Buy Wide Support For Republican Tax Plan

Thursday, November 30, 2017

Republican lawmakers say their plans will save the typical middle class family between $1,200 and $1,400. But polls show only 25 percent to 33 percent of Americans approve of the proposals.

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Graduate Students Across The Country Protest GOP Tax Plan

Thursday, November 30, 2017

To help pay for more than $1 trillion in tax cuts for U.S. corporations, the House version of the plan would end the tax break graduate students get on the value of their tuition waivers.

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University Graduate Students Walk Out To Protest Tax Plan That Hurts Them

Wednesday, November 29, 2017

Grad students around the country walked out of classes, office hours, and research labs to protest the House tax plan. Many who are already struggling financially said the bill would hit them hard.

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How The Consumer Financial Protection Bureau Came Into Creation

Tuesday, November 28, 2017

Since its creating in 2010 following the financial crisis, the Consumer Financial Protection Bureau has been both ambitious and divisive. Democrats and activists groups say it's a crucial fighter against the power of Wall Street. Republicans say the CFPB is unaccountable and even unconstitutional. This week's standoff over the bureau's interim directors is the most visible case of a battle that has been brewing for years.

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Head Of Consumer Financial Protection Bureau To Step Down

Wednesday, November 15, 2017

Richard Cordray, the head of Consumer Financial Protection Bureau, is stepping down at the end of the month. The bureau was created in the wake of the financial crisis and has recovered $12 billion from financial firms on behalf of consumers, but Republicans have fought Cordray and the bureau, claiming its very existence is illegal and that it has harmed consumers by stifling lending.

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Grad Students Would Be Hit By Massive Tax Hike Under House GOP Plan

Tuesday, November 14, 2017

The plan would raise taxes on graduate students, who make very little money to begin with. Analysts say the provision could discourage students from seeking advanced degrees, hurting economic growth.

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The GOP Tax Plan And The Housing Market

Friday, November 03, 2017

The Republican tax plan is being sharply criticized by home-builders and realtors. They say the plan would discourage home-buying and push down home prices.

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Looking For A Home When Your Name Is Hispanic And Finding Discrimination Instead

Thursday, November 02, 2017

Nearly a third of Latinos say they've experienced discrimination when seeking housing, according to a poll by NPR, the Robert Wood Johnson Foundation and Harvard's T.H. Chan School of Public Health.

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Senate Kills Rule On Class Action Lawsuits Against Financial Firms

Wednesday, October 25, 2017

Vice President Pence cast the tie-breaking vote last night in the Senate to repeal a rule that made it easier for Americans to sue their banks and credit card companies for wrongdoing. Wiping out the rule affects tens of millions of Americans who will be sent to arbitration on disputes over a credit card, checking account or prepaid card. It also dismantles the work of the Consumer Financial Protection Bureau, which has been working on this for years.

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Republicans Could Affect Americans' Retirement By Targeting 401(k) Plans

Monday, October 23, 2017

Republicans in Congress are talking behind closed doors about a plan that would affect millions of Americans who are saving for retirement — and not in a good way according to many critics. The idea is to drastically lower the amount of money that Americans can set aside before taxes in their 401(k) accounts.

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After Equifax Hack, Calls For Big Changes In Credit Reporting Industry

Wednesday, October 18, 2017

The largest known theft of Social Security numbers in history has lawmakers, law enforcement and identity theft victims angry. They're calling for better security and other changes in the system.

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Equifax Help Site Manipulated By Hackers To Push Adware

Friday, October 13, 2017

Equifax is taking a customer help Web page offline as the company investigates reports that the site directed people to download fraudulent Adobe Flash updates.

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Senator To Ex-CEO: Equifax Can't Be Trusted With Americans' Personal Data

Wednesday, October 04, 2017

Republicans and Democrats alike are upset about the massive hack of Social Security numbers and other sensitive information at the consumer credit reporting company.

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Wells Fargo, Equifax Officials Left To Answer Tough Questions From Lawmakers

Tuesday, October 03, 2017

Top executives of Wells Fargo and Equifax faced lawmakers on Capitol Hill to answer questions about ongoing scandals at both companies.

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Equifax Continues To Scramble After Massive Breach

Thursday, September 28, 2017

The Equifax CEO resigned earlier this week, and now the interim CEO says consumers will be able to lock and unlock access to their Equifax credit files free of charge for life. While that will provide some protection, there are still ways to exploit the stolen data and harm consumers.

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Equifax CEO Richard Smith Resigns After Backlash Over Massive Data Breach

Tuesday, September 26, 2017

Equifax's CEO Richard Smith is resigning following a backlash over the hack at the company that compromised the data of 143 million Americans. He joins several other executives who have left the company over the scandal. Smith will continue to advise the company on an unpaid basis. It's not known yet whether he will appear at a congressional hearing next week about the massive breach.

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London Officials Say Uber Is Unfit To Operate In City

Friday, September 22, 2017

The transport authority said Uber's approach and conduct "demonstrate a lack of corporate responsibility in relation to a number of issues that have public safety and security implications."

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Americans' Borrowing Hits Another Record. Time To Worry?

Tuesday, September 12, 2017

Americans owe more than ever before, with household debt hitting nearly $13 trillion. Some economists say the lessons of the credit bubble that led to the financial crisis are being forgotten.

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