President Trump’s proposed budget for the federal government’s fiscal year 2018 includes the near elimination of the Community Development Financial Institution (CDFI) Fund, reducing the program’s budget from $248 million to $14 million. CDFIs provide a wide range of...
In what was originally billed as a hearing on antiquated and ineffective natural resource laws, the House Committee on Natural Resources quickly shifted the debate into a critique on the Indian Reorganization Act of 1934 (IRA): federal legislation that began the...
The U.S. House of Representatives is expected to take a floor vote of all members on the Financial CHOICE Act the week of June 5th. The bill remains mostly unchanged from the one that passed the House Financial Services Committee last month, although a provision that...
On the heels of a challenge by the State Conference of Bank Supervisors (SCBS) last month, the State of New York filed suit against the Office of the Comptroller of the Currency (OCC) earlier this month to halt implementation of the agency’s proposed special purpose...
On May 24th, an en banc collection of eleven circuit court judges from the U.S. Court of Appeals of the District of Columbia heard oral arguments on the constitutionality of the structure of the Consumer Financial Protection Bureau (CFPB) in PHH v. CFPB. The en banc...
On May 23rd, President Trump released his proposed federal budget for fiscal year 2018. The Bureau of Indian Affairs (BIA) budget is projected to be reduced by more than $300 million from the FY 2017 budget. This is the equivalent of 241 full time employees. The BIA...
