Treasury and Interior Secretaries Announce Distribution of Coronavirus Relief Funds to Tribes
Treasury and Interior Secretaries Announce Distribution of Coronavirus Relief Funds to Tribes United States Secretary of the Treasury Steven T. Mnuchin and Secretary of the Interior David L. Bernhardt recently announced that they had agreed upon a path forward to...
Senators Ask SBA Inspector General to Investigate Reports that PPP Lenders Prioritized Larger Clients Over Small Businesses in Urgent Need
Senators Ask SBA Inspector General to Investigate Reports that PPP Lenders Prioritized Larger Clients Over Small Businesses in Urgent Need United States Senators Sherrod Brown (D-Ohio), Chuck Schumer (D-N.Y.), and Ben Cardin (D-Md.) recently sent a letter to Small...
CFPB Report Shows Substantial Decline in Credit Applications in March
CFPB Report Shows Substantial Decline in Credit Applications in March According to a report issued last week by the Consumer Financial Protection Bureau (CFPB), consumer credit applications considerably declined in March, likely as a result of the COVID-19 pandemic....
Senators Brown and Booker Push Banks to Suspend Overdraft Fees
Senators Brown and Booker Push Banks to Suspend Overdraft Fees United States Senators Sherrod Brown (D-Ohio) and Cory Booker (D-N.J.) recently wrote a letter to 15 bank CEOs, urging them to temporarily ban burdensome overdraft fees for customers during the COVID-19...
New Coronavirus Relief Package Signed Into Law
New Coronavirus Relief Package Signed Into Law Last week, in the latest effort to provide relief to small businesses impacted by the COVID-19 pandemic crisis, the House of Representatives passed the Paycheck Protection Program (PPP) and Health Care Enhancement Act,...
Credit Cards Start Reining in Credit Limits due to COVID-19 Outbreak
Credit Cards Start Reining in Credit Limits due to COVID-19 Outbreak As millions of Americans face unexpected expenses or income disruptions due to the COVID-19 pandemic, many United States credit card issuers have begun lowering customer spending limits. According to...
Tribal Gaming Enterprises Allowed Access to Paycheck Protection Program after Hoeven and Udall Push Treasury to Reverse Decision
Tribal Gaming Enterprises Allowed Access to Paycheck Protection Program after Hoeven and Udall Push Treasury to Reverse Decision Last week, the Small Business Administration (SBA) issued an interim final rule that removed restrictions excluding Tribal casinos from...
NAFSA Marks Financial Literacy Month with Digital Financial Education Modules
NAFSA Marks Financial Literacy Month with Digital Financial Education Modules Since 2004, April has officially been recognized as National Financial Literacy Month, a time to highlight the importance of financial literacy and teach Americans how to establish and...
