Policy

New CFPB rule slashes overdraft fees to $5 for large banks, saving consumers billions

The Consumer Financial Protection Bureau (CFPB) has announced final regulations to curb excessive overdraft fees. The new rule applies to domestic banks and credit unions...

LA City Council unanimously declares ‘Sanctuary City,’ rejects federal immigration enforcement

The city of Los Angeles passed the “sanctuary city” ordinance to protect immigrants from the federal government's crackdown on illegal immigrants. This is just...

New LAPD Chief Jim McDonnell sworn in, pledges to avoid immigration enforcement

New LAPD Chief Jim McDonnell was sworn in. Amid President-elect Donald Trump's call for mass deportations of undocumented immigrants, McDonnell said the LAPD will...

Nathan Hochman champions stronger law enforcement to combat rising crime in LA

Looking ahead to the 2024 general election to choose the leaders of our communities, the Korea Daily is announcing endorsements and weighing in on...

Korean law enforcement officers in North America gather in one place at Las Vegas police conference

The Korean American Law Enforcement Organization (KALEO) hosted the 2024 Korean Law Enforcement Conference on October 27 at the Harrah's Hotel in Las Vegas. This...

Korean-American law enforcement officers to assemble on Oct. 27 at Las Vegas Conference

A conference to bring together Korean-American police and law enforcement officials from across the U.S. will be held in Las Vegas, Nevada. The Korean American...

Residents to receive California Climate Credit averaging $71 for October utility bills

California residents will receive a credit on their electric and gas bills this month. More than 11.5 million households will receive a credit of at...

Real ID enforcement might be delayed until 2027 as TSA announces phased approach

The federal government is considering delaying the full implementation of Real ID again for two more years from its scheduled due date. The idea...

Electricity price jumps 28.5% per kWh, costing consumers $300 in utility bill per person a month

The rising cost of electricity is putting a strain on consumers, as they are using more electricity amid climate change-induced heat waves. CBS News reported...

Controversial bill to expand Dream for All eligibility to undocumented immigrants passes California Senate

A controversial bill that would expand the eligibility of California's Dream for All, a first-time homebuyer down payment assistance program, to undocumented immigrants has...