WASHINGTON–Following the release of a letter targeting banks, debt collectors, and the National Automated Clearing House Association (NACHA) from the New York State Department of Financial Services, Barry Brandon, Executive Director of the Native American Financial Services Association (NAFSA) released the following statement:
“The actions from the New York Department of Financial Services unfairly target Native American tribes and violate our rights as self-governing entities. We are disappointed that years of precedent set by the federal government are being thrown out the window by overzealous regulators looking to further oppress tribal nations and breach our sovereign rights.
Read the full press release here: http://www.prnewswire.com/news-releases/nafsa-outraged-at-breach-of-tribal-sovereignty-violation-of-precedents-regarding-indian-country-by-new-york-department-of-financial-services-218571381.html
