Indian tribes are refusing to comply with a New York financial regulator’s attempt to shut down their online-lending operations, arguing the state has no authority and is trying to block legal businesses. Tribes that make loans over the Internet are planning to...
To the Editor of The New York Times: “Pain on the Reservation” (Business Day, July 13), highlighting the problems facing Indian country and the difficulty of solving them, correctly notes that many tribes cannot operate profitable casinos because they are not close to...
Letters to the Editor The New York Times 620 Eighth Avenue New York, NY 10018 Re: A response to your editorial on payday lending. My name is Tim Ranney and I am the president of Clarity Services, a leading credit bureau in the non-prime credit services industry. I...
In Washington, debate is de rigeur, but the so-called budget sequester has garnered a rare D.C. consensus: near-universal disdain. The program, originally a failsafe against congressional inaction, was never intended to take effect. Now, though, it’s the law of the...
Oregon Senator Jeff Merkley made his bones by removing Oregon payday lenders from the state by limiting their potential revenue to the point where they couldn’t do business. The result was a loss of several hundred jobs, millions in labor income, and many more...
If 90% of public schools in the United States lacked Internet access, there would be a national call to action. If 90% of any ethnic group in the country was not connected to the Internet, the backlash would be immense. In 2011, the Federal Communications Commission...
