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Blog - Melida Arredondo - on the anniversary of the Marathon Bombing

Melida and her husband, Carlos Arredondo, were witnesses to the Boston Marathon bombing. This is not their first up close and personal experience with violence and death, and Melida shares her message to all the survivors of violence.

Voting Rights and the personal politics of U.S. Rep. John Lewis

I have been thinking a lot about Georgia Rep. John Lewis, a leader of the civil rights movement, since the Supreme Court essentially gutted the Voting Rights Act last month. His presence in our government is an important reminder for ...

Study finds that student loan debt reduces lifetime wealth

A new research report on America’s still-growing student loan debt found that its financial effects can last a lifetime. According to Demos, a national nonpartisan public policy organization, 39 million Americans have used student loans to fund college education. An ...

Debit card overdraft fees hit 36 million users, trigger growing call for reform

In recent years many banks and credit unions have encouraged new checking account customers to accept two items: a debit card that replaces cash transactions and a "protection" known as overdraft coverage.

Don’t let auto dealership markups take you for a ride: CFPB warns dealers to comply with fair lending law

The Consumer Financial Protection Bureau (CFPB) recently issued a warning to banks, finance companies and credit unions that these institutions will be held accountable for discrimination in auto lending. In announcing its intention to hold auto lenders accountable for illegal, ...

Richard Cordray’s confirmation to Consumer Financial Protection Bureau is a hard-fought achievement

Life poses a series of challenges for individuals, families and communities. But every now and then, a real victory comes along that reminds us that what is fair and just will eventually prevail. That was the lesson of the two-year ...

Time to March: Action needed to protect Voting Rights Act

Professor Charles J. Ogletree is absolutely right about the terrible travesty of justice inflicted on our nation by the Supreme Court in its decision two weeks ago to invalidate a critical part of the 1965 Voting Rights Act.

George Zimmerman verdict, Voting Rights Act setback confound, disappoint

This summer has been profoundly confounding for me — an emotional and psychological roller coaster. I was honestly stunned by the "not guilty" verdict. I suspected that George Zimmerman would not be convicted of second degree murder in the shooting ...

America’s retirement crisis: growing older and poorer

As more Baby Boomers continue to retire, a new research report has found that the nation is facing a trillion dollar retirement savings crisis. According to the National Institute on Retirement Security (NIRS), 38 million Americans — 45 percent of ...

The Affordable Care Act: The key to opening up ‘job lock’

There are currently 23 million self-employed entrepreneurs in United States and that number continues to rise. In Massachusetts alone, more than 470,000 self-employed firms are contributing to our economy’s growth and success.

Congress must restore the legislative heart of the Voting Rights Act

The decision in Shelby County v. Holder has my father, a native of Alabama, turning in his grave because The Voting Rights Act of 1965 made this critical right accessible to all citizens and now, with its deeply misguided decision ...

Federal study finds overdraft fees are complex and costly

A new report by the Consumer Financial Protection Bureau (CFPB) finds that overdraft fees continue to pose high risks to consumers, despite recent regulatory changes. The report focuses on the dreaded overdraft charge — the fees banks and credit unions ...

UMASS Building Authority elects Philip W. Johnston

University of Massachusetts President Robert L. Caret recently announced the election of Philip W. Johnston as Chairman of the UMass Building Authority Board of Directors.

Community activist Mel King questions new luxury development at former Boston Herald site

When I recently learned about plans for developing the “Ink Block” — so called because the area housed the Boston Herald — I was reminded of when I received a copy of the late Boston Traveler newspaper while attending Claflin ...

Rep. Mel Watt gains bipartisan support to head federal finance agency

President Obama recently nominated Melvin (Mel) Watt, a long-time North Carolina Congressman, to direct the operations of the Federal Housing Finance Agency (FHFA). While major news media reported on the development, few mentioned exactly what the new job would entail ...

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