Company Petitions Supreme Court Over Constitutionality of Section 8(a) Program
Rothe Development, Inc., a woman-owned small business located in San Antonio, recently filed a writ of certiorari with the U.S. Supreme Court arguing the Small Business Administration’s Section 8(a) program that ensures at least 5% of federal contracting goes to...
Hensarling to Present CHOICE Act 2.0, Reforms to CFPB at April 26th Hearing
Rep. Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, plans to introduce his sweeping reforms to the Dodd-Frank Act, dubbed CHOICE Act 2.0, at a hearing titled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers,...
PHH Argues Dissolution of CFPB in Brief to D.C. Circuit
Following the D.C. Circuit Court’s decision to rehear the case en banc, PHH Corp., petitioners, have briefed the court of their position, and reassert from their previous argument before the court, that the only true remedy in their dispute with the Consumer Financial...
Bipartisan Coalition Reintroduces Glass-Steagall
A coalition of Republicans and Democrats are once again attempting to revive the provisions of the Glass-Steagall Act and create separation between commercial and investment banking activities. The Glass-Steagall Act, passed in 1933 in the midst of the Great...
FinTech Finds a Home in Britain (and Indian Country)
Deloitte, an international auditing, consulting and financial advisory firm, recently named London, England as a hub of the FinTech industry. Three of the top five hubs in the study, New York, Silicon Valley and Chicago, operate in the United States. The goal of the...
Hensarling Releases Details for CHOICE Act 2.0
Following up on a memo distributed in February, Rep. Jeb Hensarling (R- TX), Chairman of the House Financial Services Committee, released more information on a proposed bill to renovate the Dodd-Frank Act, dubbed CHOICE Act 2.0. In particular, CHOICE Act 2.0 proposes...
Tools of the Trade: What NAFSA Does to Improve the Financial Literacy of Indian Country
Using data from its National Financial Capability Study, the FINRA Foundation recently teamed up with the First Nations Development Institute to issue a report on the financial capabilities of Native Americans entitled “Race and Financial Capability in America:...
NAFSA Submits Comments on Indian Trader Regulations
Today, the Native American Financial Services Association (“NAFSA”) submitted comments to the Department of the Interior’s Advance Notice of Proposed Rule Making regarding Indian Trader Regulations, a collection of federal rules that manage certain business...
