| Volume 141 Number 78 |
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The People’s Lawyer’s Tip of the Day
Scammers call saying your Social Security number (SSN) has been suspended because of suspicious activity, or because it’s been involved in a crime. Here’s what one of those scam calls sound like: Click here for more.
FCC confirms two new commissioners
Late on Wednesday, the U.S. Senate confirmed two new FCC commissioners -- Brendan Carr and Geoffrey Starks -- for full five-year terms. The new additions bring more balance to the federal agency’s lineup of commissioners. Jessica Rosenworcel will no longer be the Commission’s sole Democrat; the FCC will now have three Republicans and two Democrats. Click here for more.
Your Money
With the start of the new year, many people set goals and make resolutions. One common resolution is to start budgeting. People often come up with a tight budget for January or February, do their best to stick to it, then find themselves failing because there's no breathing room, and they feel frustrated about being unable to do anything fun. One great strategy to get around this burnout is to account for entertainment expenses by having a "fun money" line in your budget. You can even go so far as to have a separate bank account for discretionary spending kept separate from your main financial accounts. Click here for more.
For the Lawyers
CFPB name will stay the same. The Consumer Financial Protection Bureau’s new director, Kathleen Kraninger, told staff Wednesday that she’s halted her predecessor’s move to rebrand the agency as the Bureau of Consumer Financial Protection, an effort that an internal agency report once estimated could come with a $300 million price tag for financial services companies. Click here for more.