Tag Archives: News Coverage

Op Ed: Deceptive Tickets Can Ruin Show

By Cara Spencer St. Louis is fortunate to have a fantastic show scene. International tours stop here regularly and include local artists who perform here multiple times a year, such as Pokey LaFarge and Chuck Berry. And out-of-town big names such as Kings of Leon, The Black Keys and Keith Urban are stopping through this fall. People we thought we’d never see play again, like Merle Haggard, are hopping in buses and stopping here. We even get fantastic comedy like Hannibal Buress. ...

Payday Lending Rules Proposed by Consumer Protection Agency

The New York Times, March 26, 2015 BIRMINGHAM, Ala. — The Consumer Financial Protection Bureau, the agency created at President Obama’s urging in the aftermath of the financial crisis, took its most aggressive step yet on behalf of consumers on Thursday, proposing regulations to rein in short-term payday loans that often have interest rates of 400 percent or more. The rules would cover a wide section of the $46 billion payday loan market that serves the working poor, many of ...

Nixon Appoints Ex-Chiefs QB to PSC

St. Louis Beacon, January 9, 2013 Gov. Jay Nixon has appointed Bill Kenney to the Missouri Public Service Commission, a move that could end a temporary logjam for the powerful entity that regulates the state's utilities. Kenney is a former Republican state senator from the Kansas City area who most recently served as Lt. Gov. Peter Kinder’s chief of staff. He is perhaps best known for his tenure as a quarterback for the Kansas City Chiefs. “As a former two-term s ...

More Payday Lenders Than McDonald’s Shows Value of Fast Money Across U.S.

NBC News, November 24, 2014 There are more payday lenders in the U.S. than McDonald's or Starbucks, reflecting economic conditions in which fast money is even more important than fast food. Payday lending, in which users pay a fee for what amounts to an advance on their paychecks, has blossomed over the past 20 years. There are now more than 20,000 across the country, according to the St. Louis Federal Reserve, while McDonald's boasts 14,267 locations. They're used most of ...

Data Revealing Higher Insurance Rates in Missouri Too Late to Help, CCM Says

Inside Health Policy, November 20, 2014 The executive director of the Missouri consumer advocacy group that had filed action against HHS for failing to provide information on issuers' proposed rate increases called the department's recent release of premium data too little too late, and said she remains disappointed with the department. HHS did release some of the information but did so in a non-user friendly manner, using spreadsheets instead of forms that are difficult to revi ...

Rise in Black Households’ Banking Reflects Success of Local Program

St. Louis Post-Dispatch, October 29, 2014 A local effort to increase the availability of banking services to minority and low-income households appears to be gaining traction, according to the latest figures from the Federal Deposit Insurance Corp. The percentage of black households in the St. Louis area who were unbanked — that is, didn’t have a checking or savings account — fell to 13.3 percent in 2013, a sharp decline from 29 percent in 2011. When the survey results were r ...

Coalition Disputes PSC Ameren Ruling

Jefferson City News Tribune, October 6, 2014 The Fair Energy Rate Action Fund, or FERAF, thinks the Missouri Public Service Commission got it wrong last week. With a unanimous vote, the five-member commission on Wednesday said that Noranda Aluminum had not made its case that Ameren had taken in more money than its current rates allowed, making those rates “unjust and unreasonable.” “Ameren’s own quarterly reports show it has earned excessive profits for the past 33 months, ...

Editorial: Undermining Obamacare Won’t Hide Its Success

St. Louis Post-Dispatch, October 6, 2014 As part of their guerrilla war on Obamacare, Missouri lawmakers not only have failed to pass Medicaid expansion, but have forbidden state insurance regulators from reviewing proposed prices and other details about health plans on the federal health exchange. That means thousands of Missourians must shop for coverage without the information they need to make informed decisions. What a terribly cynical and mean-spirited thing to do in ...

Settlement with Bank of $16.6 Million Expected to Benefit Minority Consumers

St. Louis Post-Dispatch, October 2, 2014 Midland States Banks said it will open a branch and loan production office in the St. Louis region as part of a settlement of a fair housing complaint that sought to block its acquisition of Heartland Bank. Effingham, Ill.-based Midland States Bank announced Thursday it will open a new local branch in a predominantly minority community in the city of St. Louis, a loan office in the St. Louis region and a branch in Joliet, Ill. The bank ...

Consumers Council Sues to Make Public Health Insurance Rate Information

St. Louis Post-Dispatch, October 2, 2014 A Missouri consumer advocacy group is suing the federal government in an attempt to force the public disclosure of health insurance rate information ahead of the upcoming enrollment period. The Consumers Council of Missouri said it filed the lawsuit late Tuesday in U.S. District Court in St. Louis after its Freedom of Information Act request for the rate filings was denied by the U.S. Department of Health and Human Services. ...

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