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Grand Opening of Asian American Family Service Center

Asian American Family Services is the only mental health focused social service agency providing bi-lingual and bi-cultural services for the ...

Bankshot Waters' clashes with Trump just the beginning

The uninitiated may consider the House Financial Services Committee home to dry talk about leverage ratios, deposit insurance and mortgage rates.

But starting next year, the banking panel could find itself at the center of the national political debate.

That’s because Rep. Maxine Waters, D-Calif., an outspoken critic of President Trump, is slated to take over as chairman of the panel if Democrats take back the House, as they are currently favored to do.

What that means for the meat-and-potatoes policy issues bankers care about is unclear, though Waters is likely to reserve at least some time for her longtime calls to toughen up rules on the big banks — and even break them up .

A political changeover in the House would obviously have a big impact on the committee’s priorities regardless of who runs the panel. If Republicans retain the Senate while Democrats win the House, it’s likely to result in gridlock for any substantial legislative issues, which would push lawmakers toward a focus on messaging.

Webinar to focus on women's financial wellness

UNIVERSITY PARK, Pa. — It might be tempting to view financial advice as universal for the genders, but experts say that’s not always the case.

A webinar slated for noon on Tuesday, June 26, from the Sokolov-Miller Family Financial and Life Skills Center at University Park will focus on the financial wellness of women. Though women tend to live longer than men, on average they earn less and borrow more, leaving them in a worse position for retirement, according to Brad Yeckley, assistant director of the center.

“Despite the remarkable strides women have made over time and becoming the country’s most powerful consumers while gaining social and professional status, they still experience too many demands on their time and money,” Yeckley said.

A 2017 report from the American College of Financial Services made headlines when it was found that only 18 percent of female respondents to a survey could pass an income-focused literacy quiz, while 35 percent of male respondents were able to do so — though the financial press noted that both pass rates were poor.

Do you think that financial freedom and time freedom? Do you believe you have a plan to get this in your life

It's a fact that the typical employee works more hours than they did 10 years ago. Commuting time has exponentially increased and most families have two parents working full time. Plus, taxes are just rising and cost of living (incl gas!) are skyrocketing.


Americans get into Debt-traps,because of high-pressure
salesmanship.Their needs increase,desire for comforts
increase and dreams for luxuries are created.

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