[Community Financial Institutions]
The PPP allows financial institutions to provide forgivable loans to small businesses so they can keep employees on their payroll while having additional funds to pay rent, utilities and other costs.
Photo: YouTube
[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 to those who are on the front lines of this pandemic.”
Photo: YouTube
[Wells Fargo Accountability]
Rep. Waters: “Over the past decade, Wells Fargo’s board, management, and regulators have all failed to fix the company’s internal control weaknesses that caused enormous harm for millions of consumers throughout the country.”
Photo: YouTube
[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
[Housing Discrimination\HUD]
Congresswoman Maxine Waters: “Last year, our nation experienced an 8 percent uptick in reported complaints of housing discrimination, increasing from 28,843 in 2017 to 31,202 in 2018—the highest annual number ever recorded by the National Fair Housing Alliance.”
Photo: Wikimedia Commons
[Housing News\Housing Affordability]
Congresswoman Maxine Waters: “We are in the midst of a housing affordability crisis across the country, caused in part by the lack of affordable and available rental units, rising rents, gentrification, and dilapidated public housing…Studies have shown that neglecting our housing infrastructure will only hurt our economy, so I urge my colleagues to support this legislation to make the necessary investments in rural, suburban and urban housing markets, and ensure all future conversations around infrastructure investments include affordable housing.”
Photo: Wikimedia Commons
[Supreme Court News\Comcast Case v. NAAOM]
Senator Harris: “Just one year after the end of the Civil War, Congress passed the Civil Rights Act of 1866 to remove barriers to contracting and Black economic advancement.“It ensured that newly freed slaves enjoyed the same rights as other citizens. This case threatens to limit the effectiveness of our oldest civil rights law and could prevent countless victims– particularly Black people and people of color– from pursuing claims of race discrimination in our courts.
Photo:
[Facebook News]
Rep Emanuel Cleaver on Facebook’s proposed cryptocurrency Libra: “I remain deeply concerned with the current lack of understanding that he [Mr. Marcus] or anybody else at Facebook seems to have about what the long-reaching risks and implications of Libra and Calibra will be. Positive intentions will not be enough to combat the real threats of money laundering, terrorist financing, and fraud, or to ensure the protection of our financial system as we know it.”
Photo: Rep. Emanuel Cleaver
Photo: Emanuel Cleaver
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