Carson Kessler
Lorana Sullivan Business Fellow
Former Kentucky Secretary of State Faces Ethics Charges
Alison Lundergan Grimes, a onetime Democratic rising star and subject of a ProPublica series, is accused of using state resources for her political advantage.
The Celebrity-Backed Green “Fintech” Company That Isn’t as Green as It Seems
Aspiration is among a group of companies that provide banking and financial services, and promise to help the environment. But so far its marketing is greener than its reality.
Senate Banking Chair Asks CFPB How It Plans to Address Risks of Chime and Other Banking Apps
Citing a ProPublica report on the high numbers of complaints about involuntary Chime account closures and other problems, Sherrod Brown asked the Consumer Financial Protection Bureau to lay out a plan for overseeing neobanks.
A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money
Chime, a “neobank” serving millions, is racking up complaints from users who can’t access their cash. The company says it’s cracking down on an “extraordinary surge” in fraudulent deposits. That’s little consolation to customers caught in the fray.