Treasury’s Bessent Wants Americans to Avoid Easy-Money Traps, Invest in Financial Literacy

Published on May 5, 2026

Treasury Secretary Scott Bessent winces at the allure of easy money — whether it’s lottery tickets, buy now, pay later loans or the promise of a crypto windfall — warning that the get-rich-quick mindset often leads Americans farther from financial …

Continue reading on website
Other news

California Taking Action Against State Farm Over LA Wildfire Claims

May 4, 2026
The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …

Oregon Regulator Shutting Down Health Sharing Company’s ‘Unlicensed’ Insurance Program

May 5, 2026
Oregon regulators ordered a health sharing company to stop selling coverage to residents, saying the company’s membership plans were functioning as unlicensed insurance. ClearShare Health was ordered to stop selling coverage by the Oregon Division of Financial Regulation, which began …