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Federal Benefits

All articles tagged with #federal benefits

Trump Admin Suspends $129M in Minnesota Benefits Amid Fraud Probes
politics1 month ago

Trump Admin Suspends $129M in Minnesota Benefits Amid Fraud Probes

The Trump administration halted $129 million in federal benefit payments to Minnesota amid investigations into fraud by local nonprofits and businesses, demanding justification for all state spending since January 2025 and stating that future payments require the same. Minneapolis officials and Minnesota’s attorney general criticized the move and pledged to challenge it in court. The episode occurs amid broader fraud probes in the state, including schemes linked to Minnesota’s Somali population, with the FBI increasing its investigation and federal prosecutors estimating up to $9 billion stolen. The development comes as political controversy surrounds Minnesota’s leadership and policy decisions, with Governor Walz announcing he will not seek a third term.

via The Guardian|
#federal-benefits#fraud-allegations#minnesota
Congressional Leaders Meet as Government Shutdown Looms
government5 months ago

Congressional Leaders Meet as Government Shutdown Looms

During a government shutdown, essential services like Social Security and Medicare continue, while programs such as WIC and some VA services may face disruptions. Agencies like the Postal Service and airports largely remain operational, but non-essential services and certain inspections could be halted or delayed depending on the shutdown's duration.

via The New York Times|
#federal-benefits#government#government-shutdown
CFPB Sues Comerica Bank for Neglecting Vulnerable Cardholders
business1 year ago

CFPB Sues Comerica Bank for Neglecting Vulnerable Cardholders

The Consumer Financial Protection Bureau (CFPB) has charged Comerica Bank with neglecting and exploiting vulnerable customers who rely on the Direct Express program for federal benefits. The CFPB alleges that Comerica disconnected millions of customer service calls, imposed illegal fees, and failed to address fraudulent activities, all to boost profits. Comerica, which has an exclusive contract with the U.S. Treasury to manage these benefits, denies the allegations and has countersued the CFPB. The case highlights ongoing debates about the role and future of the CFPB in consumer protection.

via NBC News|
#business#cfpb#comerica-bank
CFPB Sues Comerica Bank for Failing Federal Benefits Users
business1 year ago

CFPB Sues Comerica Bank for Failing Federal Benefits Users

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, alleging the bank mishandled the administration of the Direct Express prepaid debit card program, which provides federal benefits to Social Security recipients and others. The CFPB claims Comerica terminated millions of customer service calls, improperly charged ATM fees, and mishandled fraud complaints, actions that allegedly prioritized profits over the needs of vulnerable beneficiaries. Comerica disputes the allegations, asserting it operated under federal oversight and has cooperated with the CFPB's investigation.

via CNBC|
#business#cfpb#comerica-bank
"The Economic Impact of Texas Secession on Transportation Funding and Border Relations"
politics2 years ago

"The Economic Impact of Texas Secession on Transportation Funding and Border Relations"

The idea of Texas seceding from the United States, known as 'Texit', has gained some online support, but experts warn that it could have severe consequences. If Texas were to secede, it could lose billions in infrastructure funding, face wartime violence, and jeopardize federal benefits such as Medicaid, Social Security, and Medicare. While some political candidates suggest Texas has the power to secede, experts emphasize the legal and financial challenges that would arise from such a move.

via Newsweek|
#civil-war#federal-benefits#infrastructure-funding
The Impact of Student Loan Repayment on Credit Scores
education2 years ago

The Impact of Student Loan Repayment on Credit Scores

Student-loan companies are encouraging federal borrowers to refinance their loans before the payment restart, but this could strip borrowers of their federal benefits, including broad debt relief. Many federal programs to help borrowers are not available if their loans are held by a private lender. Some companies are not adequately disclosing these risks, leading borrowers to potentially miss out on federal benefits. The Consumer Financial Protection Bureau (CFPB) is monitoring how companies advertise refinancing and advises borrowers to submit complaints if they suspect misleading behavior.

via Business Insider|
#borrowers#cfpb#education
politics2 years ago

Governor Mills rejects bills expanding federal benefits for Maine tribes and promoting climate-friendly initiatives

Maine Governor Janet Mills has vetoed a bill that aimed to expand federal benefits for Maine tribes, citing concerns about potential legal conflicts between federal laws and the state's jurisdiction over the tribes. The bill had received overwhelming bipartisan support in the House and Senate. Supporters argue that the bill would provide tribes with access to federal programs and certainty, while opponents worry about the override of state jurisdiction and potential confusion. The veto sets up a possible bipartisan override vote in the Legislature.

via Press Herald|
#bipartisan-override-vote#federal-benefits#gov-janet-mills
"New Bills Aim to Expand Benefits and Citizenship for Immigrants in the US"
politics2 years ago

"New Bills Aim to Expand Benefits and Citizenship for Immigrants in the US"

Democrats in the House and Senate have introduced a bill that would eliminate the five-year waiting period for immigrants to access federal benefits, including Medicaid and food stamps. The bill, called the LIFT the BAR Act, aims to remove "cruel, xenophobic, and unreasonable barriers" to healthcare and other services for immigrants. Republicans argue that the unchecked influx of migrants is leading to a drain on federal resources and other problems, while supporters of the bill say it is necessary to ensure that immigrants succeed in America.

via Fox News|
#democrats#federal-benefits#healthcare
Debt ceiling negotiations reach critical deadline on June 5.
politics2 years ago

Debt ceiling negotiations reach critical deadline on June 5.

The US Treasury Secretary, Janet Yellen, has set a hard deadline of June 5 for Congress to act on the debt ceiling, giving negotiators a few more days to reach a deal. The Treasury Department has been using "extraordinary measures" to pay the country's bills since hitting the statutory borrowing limit in January. The two parties are still stuck on several issues, including work requirements for federal benefits, unspent Covid relief funds, and overhauling permitting for infrastructure and energy projects. Yellen warned that failure to increase the debt limit would cause severe hardship to American families, harm the country's global leadership position, and raise questions about its ability to defend national security interests.

via NBC News|
#congress#federal-benefits#janet-yellen
The Impending Threat of US Debt Default on Social Security and More.
politics2 years ago

The Impending Threat of US Debt Default on Social Security and More.

Millions of low-income older Americans who rely on Social Security for almost the entirety of their funds fear the loss of their homes and basic necessities like food and medical care if the federal government fails to pay some of its bills as soon as June 1 due to a debt ceiling impasse. Roughly 1 in 7 Americans age 65 or older depend on the federal benefits for 90% or more of their income. Even a delay in Social Security payments of a few days could put low-income older people in an agonizing position of prioritizing their little remaining spending between rent, food, and transportation to medical appointments.

via ABC News|
#debt-ceiling#federal-benefits#financial-crisis
The Impending Debt Ceiling Crisis and Its Impact on Social Security and Retirees.
politics2 years ago

The Impending Debt Ceiling Crisis and Its Impact on Social Security and Retirees.

If the US government defaults on its debts, Social Security recipients, particularly the oldest and poorest, will be the first to suffer. The earliest round of payments go to retirees older than 88 years, people with disabilities, and seniors with especially low incomes who are eligible for Supplemental Security Income (SSI). Even a week-long holdup could be devastating for the roughly 27 million Americans who rely on Social Security for most of their income. The blow to Social Security, which accounts for 16% of the country's annual spending, is expected to be particularly debilitating.

via The Washington Post|
#debt-ceiling#federal-benefits#government-default