Federal Reserve

The $35 million loan marks the first time a professional sports franchise has had a significant loan underwritten exclusively by

Atlanta Hawks Announce Historic $35 Million Agreement With Black Banks

Photo: Hawks Logo Earlier today, the Atlanta Hawks announced that it has agreed to refinance the construction loan for the Emory Sports Medicine Complex ...

Public banks can offer lower debt costs to city and state governments

Tlaib, Ocasio-Cortez Introduce Bill Enabling Creation of Public Banks

[Public Banking Act] Congresswoman Ocasio-Cortez: “I am proud to partner with Rep. Tlaib on this monumental bill. Public banks are uniquely able to address ...

The 'Student Borrower Bankruptcy Relief Act of 2019' would fix a great injustice

New Student Debt Bankruptcy bill vitally necessary says Rep. Nadler

[Student Borrower Bankruptcy Relief Act of 2019] Rep. Nadler: “Nearly 45 million Americans owe nearly $1.5 trillion of student loan debt, an amount that ...

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CALIFORNIA CONGRESSWOMAN WATERS TO FEDERAL RESERVE: YOU MUST DO MORE REGARDING CORONAVIRUS

[Federal Reserve Response\Coronavirus] Waters: “During this time of economic turbulence, it is critical that the Fed go beyond these steps and provide much-needed support ...

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CALIFORNIA CONGRESSWOMAN WATERS TO WELLS FARGO CEO: “THE BANK YOU INHERITED IS ESSENTIALLY LAWLESS”

[Wells Fargo Fraud] Rep. Waters to Wells Fargo CEO: “The bank you inherited is essentially a lawless organization that has caused widespread harm to ...

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RELEASED CONGRESSIONAL REPORT DETAILS “ABUSES” AND “FAILURES” OF WELLS FARGO

[Congressional Report on Wells Fargo Abuses] This report is a result of a one-year Committee investigation into Wells Fargo’s compliance with five regulatory orders ...

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Candidate Sanders Wants Big Banks Split-up And Wall Street Accountability

Bernie Sanders [Elections 2016] Bernie Sanders delivered another amazing speech this week, complete with his economic plan that involves breaking up big banks and ...

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The U.S. Can Have Both Economic Growth And Diminishing Inequality

Dr. Spriggs. Photo: Black Enterprise [Op-Ed] The world’s mainstream consensus has become that inequality is a problem facing nations, from the think tank of ...

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Shedding Some Dysfunction, Congress Slowly Becoming More Effective

Lee Hamilton [Commentary] There have been encouraging signs on Capitol Hill of late that Congress’s long slide into irrelevance may be slowing. Agreements on ...

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Main Street v Wall Street: Why Obama Should Pick Yellen Over Summers For Fed Reserve Chair

  Welcome to the season of big decisions in Washington. In the coming days, President Obama will have to decide whether to order a ...