The Latest Financial News
Mika Leonard in the Detroit News: Give Native Americans Voice in Federal Financial Regulations
The below opinion column from NAFSA Chief Operations Officer Mika Leonard originally appeared in the Detroit News. On Jan. 26, the Biden administration tackled inequality with executive orders and presidential memoranda addressing issues faced by vulnerable...
CFPB Acting Director Outlines Priorities
Last week, Acting Consumer Financial Protection Bureau (CFPB) Director Dave Uejio sent a message to his staff—subsequently posted to the Bureau’s website—outlining his priorities for the agency. They include penalizing mortgage servicers, banks, and other financial...
Waters Announces Financial Services Subcommittee Chairs
Last week, Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee (HFSC), announced the HFSC Subcommittee Chairs. She reshuffled some assignments and added two new subcommittee chairmen: Jim Himes of Connecticut and Ed Perlmutter...
Why NAFSA?
There are more than 570 federally-recognized tribes in the United States, many of whom are spread across in diverse areas. This has left a need for other tribal economic development opportunities to create sustainability and jobs on Native American reservations.
Tribal Financial Services:
Create jobs & economic development on tribal lands
Increase the financial independence of tribes
Deploy sovereignty & bolster tribal self-determination
The Impact of Tribal Financial Services
Coming from a history of staggering unemployment rates, limited opportunities, and lack of access to fundamental resources, Native American tribes began online lending businesses to create real change for the future. Internet commerce has been a vehicle for supporting economic growth, tribal services, and tribal development. These are their stories.
Our Mission
To advocate for tribal sovereignty, promote responsible financial services, and provide better economic opportunity in Indian Country for the benefit of tribal communities.
To protect and preserve the sovereignty of Native American tribes while offering an unprecedented opportunity for tribal economic growth
Growing opportunity for Indian Country in the financial services industry
Advancing financial literacy in tribal communities
