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Debt collectors can seize the new stimulus checks Lawmakers are trying to fix that
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Debt collectors can seize the new stimulus checks Lawmakers are trying to fix that
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Chime is giving customers early access to billions in stimulus checks CNN 3/15/2021 By Matt Egan, CNN Business © Kimberly White/Getty Images for TechCrunch SAN FRANCISCO, CALIFORNIA - OCTOBER 04: Chime Founder & CEO Chris Britt speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 04, 2019 in San Francisco, California. (Photo by Kimberly White/Getty Images for TechCrunch)
Big banks face competition from startup challengers on fees, apps and direct deposits. During the Covid era, that battle is expanding to which company can pay out stimulus checks the fastest.
Big-bank customers complained over the weekend about how their $1,400 stimulus payments were still pending in their bank accounts. Those payments may not arrive until Wednesday, nearly a week after President Joe Biden signed the historic $1.9 trillion economic relief package into law.
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With Daniel Lippman
NEW COALITION AIMS TO DRIVE DIVERSITY ON K STREET: A group of government relations veterans is partnering up to pressure K Street and beyond to ensure that those helping shape federal and local policy better represent the diversity of the country as a whole and the constituents of politicians they’re lobbying.
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