Policy Chat: Protecting Lending Services for Unbanked, Low-Income Americans: While the vast majority of Americans possess checking and savings accounts, use credit cards, and finance major purchases with loans, a surprisingly large share of Americans struggle with barriers to opening and maintaining financial accounts. This makes daily life more difficult in an increasingly cashless society—particularly during rising inflation. The lack of access to financial services doesn’t mean they are not desired or needed, particularly by lower-income households. A variety of lending services fill in market gaps, including check protection services and installment loans. The public—and policymakers—should be aware of the vital role these services play. 

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CHAMPION MESSAGE

HURTING NOT HELPING

Book Banning Is a Tangled Concept in a Politicized America

Many on the left cry that conservatives are engaging in Nazi-esque book banning. However, parents see efforts to raise questions about explicit books in school classrooms and libraries as an effort to protect children from dangerous, inappropriate, and pornographic reading material. Read More.
MEDIA SPOTLIGHT

Newsweek | There Is Only Male and Female. Women Pay the Price When We Pretend Otherwise Read

Eric Bolling on Balance | CDC Gives Guidance for Trans People on How to "Chestfeed" Infants Watch

Fox & Friends | Progressives Use 4th of July to Demand Reparations Watch

Real Clear Markets | An Unfortunate Prime Day Surprise From the FTC? Read

Arkansas Democrat-Gazette | No Safe Space Read

O'Connor & Company | Pennsylvania Governor’s Reversal on School Choice Betrays Voters and Students Listen

DID YOU KNOW

Dating Apps Are a Blessing—No Disguise

According to Pew Research, one in ten partnered adults—meaning those who are married, living with a partner, or in a committed romantic relationship—met their current significant other through a dating site or app. Considering the loneliness that many adults are experiencing, we should be extremely grateful to have such convenient options available to find a life partner. Read More.

IN THE NETWORK

Why You Should Join Threads, Instagram’s New Social Platform

It’s not something everyone is excited about, but last week Instagram launched their new social platform, Threads. It is meant to rival Twitter and offers yet another opportunity to engage with and promote ideas that matter to you.
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TWO TRUTHS & A LIE

Has Bidenomics Made the Economy Better?

Which of the following is NOT true about Bidenomics?

A. Bidenomics has brought down prices. 
B. Bidenomics is not primarily responsible for reducing the deficit.
C. Bidenomics does not deserve the credit for creating new jobs.
CHECK YOUR ANSWERS

CAPSULE REVIEW

House Financial Services Committee Releases First ESG Report


The House Financial Services Committee’s Environmental, Social, and Governance (ESG) Working Group—chaired by Rep. Bill Huizinga (R-MI)—has released a new memorandum detailing their plans to protect financial investing from being diluted by non-pecuniary objectives. “Across the nation, boardrooms are being held hostage by those who push policies that will lower returns for Americans trying to build a brighter and more financially secure future. House Republicans will stand up, defend the free market, and the ability for Americans to make their own financial decisions as they see fit,” said Subcommittee Chairman Huizenga. 
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CA Legislators Aim To Subsidize a Dying Industry by Harming a Thriving One 

This month, the California Assembly voted to advance the California Journalism Preservation Act (AB 886), a bill that would compel companies like Meta and Google to pay a “journalism usage fee” to benefit news organizations. If AB 886 is signed into law, Meta has already announced that it would remove news from Facebook and Instagram within California. Although the bill’s sponsors tout their efforts as protecting local newsrooms at risk of shutting down, the proposed legislation simply enables the government to reward select firms and industries at the expense of disfavored ones.
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