Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Holly Petraeus to join CFPB
WASHINGTON (1/10/11)--Holly Petraeus, named by the U.S. Treasury last week to head an office of the Consumer Financial Protection Bureau that would work to bolster the financial literacy of military servicemembers and their families and to protect those families from questionable lending practices, has been a guest on the Credit Union National Association’s (CUNA) weekly Home & Family Finance Radio show, discussing just such topics. Petraeus is the wife of General David Petraeus and the daughter of a former West Point superintendent. Warren in a blog post on www.whitehouse.gov said that the office will partner with the Department of Defense (DoD) to respond to financial issues raised by military families and will help . The agency will also help federal and state agencies work together to improve consumer protection measures for those same families. “Military families have unique challenges, and now they have a unique advocate to ensure that their special concerns get the attention they deserve,” Warren added. Petraeus previously served as the Director of the Better Business Bureau (BBB) Military Line, a joint BBB/DoD project that provides consumer education and advocacy for military families. Petraeus and Warren will hold a town hall-style meeting at San Antonio, Texas’s Lackland Air Force base later this month, Warren said. For audio of Petraeus's segment, use the resource link.


RSS print
News Now LiveWire
Reminder: @TheNCUA's Listening Session tomorrow in Chicago. Capacity crowd expected for meeting at 1 p.m. CT. http://t.co/FYYuoHCdVJ
11 hours ago
Mortgage apps up 1.9% in @MBAMortgage's weekly survey http://t.co/QBzKWdnRkH
12 hours ago
Manage your household budget with these 5 @SavvyMoney tips from @MCUA_news's Halley Abbott on @FOX2now http://t.co/qaXIbnNktt
13 hours ago
Wash state's marijuana market open but still short of FIs to serve it via @NWCUA http://t.co/qwxCVEZbPG
13 hours ago
.@AnheuserBuschCU, @ScottCU, @betterwaytobank, @FirstCommSTL on @stltoday's best workplaces list http://t.co/8yR4GcZkya.
14 hours ago