[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.
Photo: YouTube
Federal Deposit Insurance Corporation
CALIFORNIA CONGRESSWOMAN WATERS TO CONSUMER FINANCIAL PROTECTION BUREAU DIRECTOR: “AMERICA NEEDS BETTER FROM YOU”
[Consumer Protection]
Congresswoman Maxine Waters: “Since your confirmation as Consumer Bureau Director, you have undertaken a series of actions that have undermined the Consumer Bureau’s mission to protect consumers.”
Photo: Twitter
NY REP. VALASQUEZ: FDIC’S VOTE TO WEAKEN COMMUNITY REINVESTMENT ACT WILL LIKELY INCREASE DISCRIMINATION IN BANKING
[Banking\FDIC]
Rep. Nydia M. Velázquez: “Simply put, the Trump Administration is letting banks off the hook and diluting a program that is vital to preventing racist discrimination in the financial services sector.”
Photo: