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January 22, 2013
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News for the retail banking industry

  Top Story 
  • Obama calls for economic growth that helps middle class
    President Barack Obama said in his inaugural address that the government must do more to make sure that when the economy expands, the middle class isn't left behind. Unlike his first inaugural speech, in which Obama focused on dealing with the aftermath of the financial crisis, this time the president said the U.S. must deal with long-term economic problems. The Washington Post (1/21) LinkedInFacebookTwitterEmail this Story
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Learn which employee incentives work best from research from Kellogg School of Management faculty. Learn more.
  Industry News 
  Regulatory Report 
  • Treasury nominee Lew has prioritized social programs
    President Barack Obama's nominee for Treasury secretary, Jack Lew, has a history of defending social programs that protect the poor, aides and analysts say. Some conservatives say Lew's commitment to the programs comes without regard to costs, while some Democrats criticize him for giving up his ideals too readily to make bipartisan deals. The Washington Post (1/21) LinkedInFacebookTwitterEmail this Story
  • Commentary: Who will head the Federal Reserve next?
    The Federal Reserve Board will likely have a new chairman when Ben Bernanke's term expires in 2014, writes economist Simon Johnson. Plausible candidates to take over the Fed, which Johnson calls the "most important branch of government," include Vice Chairwoman Janet Yellen, Treasury Secretary Timothy Geithner and Richard Fisher of the Dallas Fed. Bloomberg (1/20) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • Senate appointment for Frank gathers online support
    The liberal group that backed Elizabeth Warren, D-Mass., in her Senate bid is throwing its support behind former Rep. Barney Frank, D-Mass. The Progressive Campaign Change Committee has gathered some 33,000 signatures online for Frank, who is interested in temporarily filling the seat of Sen. John Kerry, D-Mass., if Kerry is appointed U.S. secretary of State. (free registration) (1/18) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • How to lead without making decisions
    It's often best for bosses to avoid making some decisions, says Kon Leong, co-founder and CEO of ZL Technologies. Answer your workers' questions with questions, and encourage them to find the answers for themselves. "It can be very frustrating to my employees, but I'm trying to get others to scale up and learn," Leong explains. The New York Times (tiered subscription model) (1/19) LinkedInFacebookTwitterEmail this Story
  CBA Connect 
  • CBA's Banking on Youth Competition -- Call for Sponsors
    Now is your chance to join fellow bankers to support the 2013 Banking on Youth Competition. The program's inaugural year was a great success with 13 sponsoring banks and more than 170 entries from youth teams across 33 states. Sponsorship opportunities for 2013 are still available, ranging from $3,000 to $40,000. Visit our website and learn how you can support this growing competition and connect with America's young entrepreneurs to build sustainable ventures. Contact CBA for more information. LinkedInFacebookTwitterEmail this Story

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--W.C. Fields,
American comedian, actor and writer

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