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Credit Unions Invest in FinTechs to Shape the Future.

Credit Unions Invest in FinTechs to Shape the Future.

Michael Abraham, the chief strategy officer at Great Lakes Credit Union (GLCU), has identified shortcomings in how the $2.4 trillion credit union sector has operated for years. Many credit unions simply don’t have the funds, expertise, or personnel to develop crucial tools like digital wallets or AI chatbots. They struggle to modernize outdated systems for […]

Billionaires Chris Larsen and Tim Draper start a political action committee against unions

Billionaires Chris Larsen and Tim Draper start a political action committee against unions

Billionaires vs. Unions: A New Political Battle in California In a noteworthy shift, California cryptocurrency billionaires Chris Larsen and Tim Draper are investing substantial amounts into a political organization named Grow California. This group aims to challenge the influential labor unions in the state and promote moderate candidates for the legislature. Speaking with a publication, […]

Unions in LA strategize a new initiative with the ‘Overpaid CEO Tax’

Unions in LA strategize a new initiative with the 'Overpaid CEO Tax'

Los Angeles Socialists Propose Wealth Tax on “Overpaid CEOs” In Los Angeles, socialists are organizing a new wealth tax aimed at what they label “overpaid CEOs.” This latest initiative seems to put Elon Musk in the spotlight, with plans for a launch event outside his Tesla Diner. On Wednesday, members of the hotel workers union, […]

Police unions dispute with Walz regarding funding for public safety in Minnesota

Police unions dispute with Walz regarding funding for public safety in Minnesota

Concerns are rising in Minnesota as violent crime threatens communities, prompting police officials to claim that state leaders are redirecting millions to other initiatives. This has left police departments grappling with underfunding and strained resources, a point of contention among safety experts and police unions. This scrutiny coincides with a significant fraud scandal involving hundreds […]

Randi Weingarten Acknowledges Errors by Teachers’ Unions During COVID — Quickly Shifts to Blame Trump

Randi Weingarten Acknowledges Errors by Teachers’ Unions During COVID — Quickly Shifts to Blame Trump

Weingarten Acknowledges Union Mistakes During Pandemic On a recent episode of “The Conversation with Dasha Burns,” Randi Weingarten, President of the American Federation of Teachers (AFT), admitted that teachers’ unions made some errors during the COVID-19 pandemic. However, she quickly pointed fingers at the Trump administration for its handling of the situation. Throughout the pandemic, […]

Four biggest public-sector unions allocated 86% of member dues to progressive causes in 2024

Four biggest public-sector unions allocated 86% of member dues to progressive causes in 2024

Union Spending on Political Activities Reaches $915 Million The four largest public sector unions in the U.S. have invested approximately $915 million in elections and progressive political activities during the 2024 election cycle. A significant 86% of this spending was funded through member dues. A report recently released by the Commonwealth Foundation, a nonprofit based […]