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- 1Study: Only 2.2% of finance influencers hold professional credentials▼Only 2.2% of financial content creators hold CFP, CFA or CPA credentials, study of 692 million views finds
A study analyzing 692 million views of financial content online has found that just 2.2% of the creators behind it hold recognized professional credentials such as CFP, CFA or CPA. The finding raises questions about the quality and reliability of the personal finance advice millions of people consume on social media, as uncredentialed voices dominate the space.
- 2Court rules CFPB must remain lawfully funded, Bonta says●Attorney General Bonta Celebrates Final Win in CFPB Funding Lawsuit, Consumer Protection Agency Must Remain Lawfully Fun
California Attorney General Rob Bonta announced a final court victory in the lawsuit over Consumer Financial Protection Bureau funding. The court held that former acting director Russell Vought's refusal to request funds for the agency was unlawful, meaning the CFPB must continue to receive the financing it needs to operate and enforce consumer protection laws. Bonta framed the ruling as a win for consumers against efforts to defund the watchdog.