Biden Adds Two to Economic Team
Biden Adds Two to Economic Team Last week, President-elect Joe Biden announced two new members of his White House economic team: David Kamin, who will serve as deputy director of the National Economic Council (NEC), and Bharat Ramamurti, who will be deputy NEC...
FDIC Approves ILC Rule, Clearing Way for Corporations to Become Lenders
FDIC Approves ILC Rule, Clearing Way for Corporations to Become Lenders Earlier this month, the Federal Deposit Insurance Corp. (FDIC) approved a final rule allowing major non-bank businesses to seek banking charters and begin lending to consumers as so-called...
Congress Passes New COVID Relief Bill
Congress Passes New COVID Relief Bill After months of deliberation and negotiation, Congress approved a $900 billion economic recovery package earlier this week to help Americans mitigate economic impacts resulting from the COVID-19 pandemic. Since its passage,...
Biden Picks Haaland for Secretary of Interior; Will Become First Native American Cabinet Official
Biden Picks Haaland for Secretary of Interior; Will Become First Native American Cabinet Official Earlier this month, President-elect Joe Biden chose representative Deb Haaland (D-N.M.) to lead the Department of the Interior. If confirmed by the Senate, Haaland would...
Nevada Financial Regulators Move Forward With Database for Short-Term Lenders
Nevada Financial Regulators Move Forward With Database for Short-Term Lenders Members of Nevada’s Financial Institutions Division recently approved draft regulations clarifying details of a statewide database for short-term, high interest payday loans. The regulations...
CFPB Quarterly Trends Report Explores Prevalence of Payment Information in Consumer Credit Reporting
CFPB Quarterly Trends Report Explores Prevalence of Payment Information in Consumer Credit Reporting Last month, the Consumer Financial Protection Bureau (CFPB) released its most recent consumer credit trends report, examining the rates of actual payment information...
Growth in Consumer Credit Use Slows as Balances Continue to Decline
Growth in Consumer Credit Use Slows as Balances Continue to Decline Recent data released by the Federal Reserve show that as the COVID-19 pandemic has continued its trend of limited consumer purchases and declining credit card balances, U.S. consumer credit growth has... Senate Indian Affairs Committee Holds Hearing on Tribal Sovereignty, Self-Determination, and Consultation
Senate Indian Affairs Committee Holds Hearing on Tribal Sovereignty, Self-Determination, and Consultation Earlier this week, U.S. Senator John Hoeven (R-N.D.), Chairman of the Senate Committee on Indian Affairs, convened a hearing on “From Languages to Homelands:...
