Tag: Consumer banking

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National

GOP blocks Obama nominees, Dems weigh response

In this May 1, 2013, file photo, President Barack Obama’s nominee for the Federal Housing Finance Authority director Rep. Mel Watt, D-N.C., waves during the announcement of his nomination in the State Dining Room of the White House in Washington. (AP Photo/Jacquelyn Martin, File) by Alan Fram Associated Press WriterWASHINGTON (AP) — Senate Republicans on Thursday blocked President Barack Obama’s picks for a powerful federal court and a housing regulatory agency, prompting Democrats to threaten curtailing the GOP’s ability to derail nominations. “Something has to change, and I hope we can make the changes necessary through cooperation,” Senate Majority Leader Harry Reid, D-Nev., said after the votes.

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Metro

Nate Harper pleads guilty

Former Pittsburgh police Chief Nathan Harper, right, walks past news photographers as he arrives at Federal Court where he pleaded guilty on federal charges on Friday, Oct. 18, 2013, in Pittsburgh. (AP Photo/Keith Srakocic) by Joe MandakAssociated Press Writer PITTSBURGH (AP) — Former city police Chief Nathan Harper pleaded guilty to federal charges that he conspired to steal police funds deposited into unauthorized credit union accounts and willfully failed to file income tax returns.

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Health

Tips for working with health insurance brokers and agents

Scantily clad model Katina Shoemaker offers a flyer to a man who declined, saying he has insurance, as Shoemaker and fellow models display signs encouraging the public to get health coverage under the Affordable Care Act, or ACA, during a promotional campaign launched by Colorado HealthOP, a health care co-op, in Denver, Tuesday Oct. 1, 2013. (AP Photo/Brennan Linsley) Tips to avoid fraud in the health insurance marketplace: — Don’t trust a website that asks you to enter personal data such as a Social Security number, bank account number or credit card information other than the federal exchange website, http://www.healthcare.gov .

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National

Veteran N.C. Congressman Watt gets Federal Housing Finance Agency nod

President Barack Obama announces his nominee for the Federal Housing Finance Agency, Rep. Mel Watt, D-N.C., Wednesday, May 1, in the State Dining of the White House in Washington. (AP Photo/Jacquelyn Martin) WASHINGTON (AP) —President Barack Obama on Wednesday tapped a veteran Democratic congressman to lead the Federal Housing Finance Agency and a top fundraiser and former lobbyist to head up the Federal Communications Commission.