[COVID-19\Financial Crisis]
Last week, the FDIC Inspector General issued a new report warning about multiple weaknesses in FDIC’s crisis readiness policies, procedures, and training, raising questions about whether the agency is prepared for the potential financial consequences from the coronavirus crisis.
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FDIC
WATERS QUESTIONS FDIC READINESS FOR FINANCIAL CRISIS DURING COVID-19 PANDEMIC
“RENT-A-BANK” RULE PROPOSAL FOR PREDATORY LENDERS DENOUNCED BY NY ATTORNEY GENERAL JAMES
[Predatory Lending\NY Attorney General James]
Attorney General James: Instead of propping up predatory and exploitative lenders, the federal government should be ensuring every necessary measure is in place to protect our nation’s consumers.”
Photo: Facebook
CALIFORNIA CONGRESSWOMAN WATERS SLAMS WALL STREET’S DEREGULATION ATTACKS ON “VOLCKER RULE”
[Wall Street Corruption\Rep. Maxine Waters]
Rep. Waters: “At a time when prudential regulators should be working to uphold consumer protections, we continue to see a series of deregulatory actions by Trump appointees that benefit Wall Street at the expense of Main Street.”
Photo: Facebook
NEW BOOK DETAILS HISTORY OF AMERICA’S BLACK BANKS AMID CURRENT DECLINE OF BLACK-OWNED BANKS
[African American Banks]
Federal Reserve Bank of Kansas City publishes new book about history of African American banking…
Photo: YouTube
