Ayanna Pressley: Pressley, Green Reintroduce Bill To Strengthen Oversight Of Big Banks And Protect Consumers – Ayanna Pressley

Ayanna Pressley, September 25, 2024, Pressley, Green Reintroduce Bill To Strengthen Oversight Of Big Banks And Protect Consumers The bill is endorsed by Public Citizen, Americans for Financial Reform, National Community Reinvestment Coalition, American Economic Liberties Project, Fight Corporate Monopolies, California Reinvestment Coalition, Action Center on Race and the Economy, Sierra Club, Center for American […]

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NCRC comment on proposed FDIC rule on industrial banks

(Download) October 4, 2024 RE: Parent Companies of Industrial Banks and Industrial Loan Companies, RIN 3064–AF88 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on proposed changes to the FDIC regulation of parent companies of industrial banks and the rigor of the application process for industrial banks.

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The Wright State Guardian: Rising Rent And Dorm Prices In Dayton

The Wright State Guardian, September 26, 2024, Rising Rent And Dorm Prices In Dayton There is no doubt rent prices are increasing for Generation Z. The National Community Reinvestment Coalition says, “On average, the study found, Gen Z-ers — born between 1994 and 2000 — will spend about $145,000 on rent by their 30th birthdays,

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American Banker: Consumer Advocate, Fintechs Urge CFPB, FHFA To Adopt AI Guidance

American Banker, September 30, 2024, Consumer Advocate, Fintechs Urge CFPB, FHFA To Adopt AI Guidance The National Community Reinvestment Coalition and four fintech companies are urging the Consumer Financial Protection Bureau and the Federal Housing Finance Agency to provide guidance on the use of machine learning and artificial intelligence in lending, which they claim would

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NCRC and Fintechs – Joint Letter on Fair Lending and the Executive Order on AI

(Download) September 25, 2024 Dear Director Chopra and Director Thompson, As nonprofit consumer advocates and for-profit fintech companies, we have found common ground that artificial intelligence (AI) can, and in many cases should, be used to improve fair lending practices. We write today to encourage further action pursuant to the Administration’s Executive Order on the Safe,

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USA Today: Fearless Fund Blocked From Giving Grants Only To Black Women In Victory For DEI Critics

USA Today, June 3, 2024, Fearless Fund Blocked From Giving Grants Only To Black Women In Victory For DEI Critics In a closely watched civil rights case, a panel on the 11th Circuit U.S. Court of Appeals blocked Fearless Fund from awarding $20,000 grants to businesses owned by Black women while the case is litigated, siding with conservative activist

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Bloomberg: NYC Gets 150,000 Applications In 12 Hours For Affordable Housing

Bloomberg, June 3, 2024, NYC Gets 150,000 Applications In 12 Hours For Affordable Housing More than 150,000 households filed applications in a span of 12 hours for a chance to join New York City’s waiting list for a federal program that subsidizes rent for low-income families. While roughly 100,000 New York City households currently use the voucher

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The New York Times: They’re Asian. They’re American. But, They Wonder, Are They Asian American?

The New York Times, June 1, 2024, They’re Asian. They’re American. But, They Wonder, Are They Asian American? When Dinesh Nepal first arrived in the United States in 2010, he had never heard of the term “Asian American.” He knew that he was of Asian descent. He grew up in a refugee camp in Nepal

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The New York Times: Alzheimer’s Takes A Financial Toll Long Before Diagnosis, Study Finds

The New York Times, May 31, 2024, Alzheimer’s Takes A Financial Toll Long Before Diagnosis, Study Finds Long before people develop dementia, they often begin falling behind on mortgage payments, credit card bills and other financial obligations, new research shows. A team of economists and medical experts at the Federal Reserve Bank of New York

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Axios: Health Insurers Take On The Affordability Crisis — In Housing

Axios, June 5, 2024, Health Insurers Take On The Affordability Crisis — In Housing Health insurers are investing hundreds of millions of dollars into building new affordable housing units. Why it matters: The housing affordability crisis is a major health care concern, since housing instability is tied to poorer health. Insurers say their investments will translate to healthier

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KFF Health News: Tennessee Gives This Hospital Monopoly An A Grade — Even When It Reports Failure

KFF Health News, May 29, 2024, Tennessee Gives This Hospital Monopoly An A Grade — Even When It Reports Failure A Tennessee agency that is supposed to hold accountable and grade the nation’s largest state-sanctioned hospital monopoly awards full credit on dozens of quality-of-care measurements as long as it reports any value — regardless of

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