Jun 16, 2021 | Congressional Legislation, News
Stimulus Checks Helped Americans Pay Bills, Reduce Economic Anxiety, Analysis Shows A new analysis of Census Bureau data revealed that government stimulus checks sent out during the coronavirus pandemic substantially aided Americans in paying basic bills, as well as...
Jun 11, 2021 | Congressional Legislation, News
Senate Passes Eight Bipartisan Indian Affairs Bills Last month, the U.S. Senate Committee on Indian Affairs passed eight bills to help promote Tribal economic development, as well as strengthen Tribal Self-Determination. The bills now head to the House for further...
May 28, 2021 | Congressional Legislation, News
Brown to Introduce Legislation Capping Interest Rates at 36% Earlier this week, chairman of the Senate Banking Committee Sherrod Brown (D-Ohio) told Reuters that he is prioritizing legislation that would place a national 36 percent APR cap on loans. This announcement...
May 26, 2021 | Congressional Legislation, News
House Financial Services Ranking Member Patrick McHenry: Use Technology to Serve Unbanked and Underbanked Americans The House Financial Services Committee recently held a virtual hearing entitled “Oversight of Prudential Regulators: Ensuring the Safety, Soundness,...
May 17, 2021 | Congressional Legislation, Federal Regulation, News
Senate Votes to Repeal True Lender Rule Last week, the U.S. Senate voted 52-47 in support of a resolution that would repeal the Office of the Comptroller of the Currency’s (OCC) “true lender” rule governing partnerships between banks and third-party lenders. These...
May 11, 2021 | Congressional Legislation, Federal Regulation, NAFSA News, News
NAFSA Sends Letter to Senate Leaders Expressing Support for OCC’s True Lender Rule As the U.S. Senate prepares to consider a resolution introduced by Senators Chris Van Hollen (D-Md.) and Sherrod Brown (D-Ohio) that would overturn the Office of the Comptroller of the...
