Financial Services
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WASHINGTON, D.C. – At a House Financial Services Committee hearing today, Congressman Frank Guinta grilled Wells Fargo CEO John Stumpf about fraudulent accounts bank employees created to meet sales quotas and earn rewards. At least two million fraudulent accounts generated excessive fees and ruined customers’ credit scores.
WASHINGTON, D.C. – Janet Yellen faced a question from Congressman Frank Guinta today that should have been easy for the Federal Reserve Chair, who testified to the strength of the U.S. economy but could not identify the Labor Force Participation Rate, a key economic indicator, which currently sits at an historically low level.
WASHINGTON, D.C. – Congressman Frank Guinta (NH-01) today addressed a gathering of the National Association of Federal Credit Unions in the nation’s capital, speaking to members about the importance of community financial institutions to the country’s economy, specifically home, business and auto lending. He spoke about credit unions’ role in his own life.
WASHINGTON, D.C. – The National Federation of Independent Business (NFIB), the nation’s leading advocate for small businesses, yesterday awarded Congressman Frank Guinta (NH-01) with its biennial Guardian of Small Business Award for his outstanding support of America’s small business owners in the 114th Congress.
WASHINGTON, D.C. – At a House Financial Services Committee hearing – investigating the Obama Administration’s $400 million cash payment to Iran in exchange for hostages – Rep. Frank Guinta picked apart excuses from a Democrat witness defending the ransom payment, which the President denied.