WASHINGTON (Reuters) - The nation’s major credit reporting agencies faced renewed scrutiny from Congress on Tuesday, as lawmakers consider legislation overhauling the industry. FILE PHOTO: The U.S. Capitol is shown after the U.S. government reopened with about 800,000 federal workers returning after a 35-day shutdown in Washington, U.S., January 28, 2019. REUTERS/Joshua Roberts/File Photo Top executives from the three major credit reporting agencies - Equifax Inc, Experian Plc and TransUnion had to defend their business models before skeptical lawmakers who appeared eager to order changes to the sector following Expedia’s massive data breach, disclosed in 2017. “Our nation’s consumer credit reporting system is broken,” said Representative Maxine Waters, chairwoman of the House Financial Services Committee. “I’m troubled to the point where I do think that we need to start thinking about how we reimagine it and rebuild it from the … [Read more...] about Credit reporting agencies face pressure from skeptical U.S. Congress
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By Brittany De Lea Published February 12, 2019 Politics FOXBusiness Facebook Twitter Comments Print video Rep. Maxine Waters' priorities as Chair of the Financial Services Committee FBN's Edward Lawrence on Rep. Maxine Waters' agenda as Chair of the House Financial Services Committee. More than a year after the massive Equifax hack was announced, the House Financial Services Committee will hold a hearing on credit bureau accountability later this month after California Democrat Rep. Maxine Waters assumed control of the group this year. Continue Reading Below Fellow committee member, New York Democrat Rep. Alexandria Ocasio-Cortez, tweeted on Monday that Waters had scheduled the hearing for Feb. 26. MORE FROM FOXBUSINESS.COM... WATERS, HOUSE PANEL MAY HEIGHTEN WALL STREET OVERSIGHT DEMOCRATS VS. US BUSINESS: WHICH COMPANIES COULD FEEL THE PRESSURE? When contacted by FOX Business, a spokesperson for Equifax confirmed that CEO … [Read more...] about Credit reporting agencies gear up for Waters, Ocasio-Cortez hearing
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Politics | Cleaner Classrooms and Rising Scores: With Tighter Oversight, Head Start Shows Gains Supported by ByJason DeParle Feb. 4, 2019 JACKSONVILLE, Fla. — When federal officials inspected this city’s Head Start program five years ago, they found moldy classrooms, exposed wires, leaking sewage, a sagging roof and trash-strewn playgrounds littered with safety hazards. A teacher had jerked a student so hard she dislocated the girl’s shoulder. The visitors were so alarmed at the neglect that they began changing diapers themselves. What they did next was even more unusual: They fired the nonprofit running the program, the Urban League, and chose a new one. Now run by Lutheran Services Florida, Jacksonville’s Head Start program has cleaner classrooms, more teachers with college degrees, a … [Read more...] about Cleaner Classrooms and Rising Scores: With Tighter Oversight, Head Start Shows Gains
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Tom Krisher, Associated Press Published 4:36 pm CDT, Wednesday, July 18, 2018 Photo: Chris Carlson /Associated Press Image 1of/1 CaptionClose Image 1 of 1 Keith Reynolds, who is on the Tesla waiting list for a Model 3, is photographed by his 9-year-old Audi A3 compact car Monday, July 16, 2018, in Laguna Hills, Calif. For many on the list to buy Tesla's mass-market electric car, the wait for the company to produce enough to satisfy demand isn't a major problem. But the prospect of losing a U.S. federal tax credit is. less Keith Reynolds, who is on the Tesla waiting list for a Model 3, is photographed by his 9-year-old Audi A3 compact car Monday, July 16, 2018, in Laguna Hills, Calif. For many on the list to buy Tesla's ... more Photo: Chris Carlson /Associated Press Tesla Model 3 buyers lose patience and maybe tax credits … [Read more...] about Tesla Model 3 buyers lose patience and maybe tax credits