NCRC

The New York Times, May 31, 2022, Biden and Fed chair Powell are set to meet as inflation dogs the global economy President Biden will meet with Jerome H. Powell, the Federal Reserve chair, at the White House on Tuesday to discuss the state of the U.S. and global economy at a challenging moment. Inflation

The Hill, May 31, 2022, House Democrats to move slate of gun bills this week House Democrats are wasting no time taking up gun violence legislation following last week’s school massacre in Texas, scheduling a special session of the House Judiciary Committee on Thursday to send a slate of tougher firearms rules to the chamber

The Wall Street Journal, May 18, 2022, Billions in School Covid-Relief Funds Remain Unspent U.S. school districts are struggling to spend billions of dollars in federal pandemic-relief money before the funding expires. Districts have yet to spend 93% of $122 billion sunk into the K-12 education system last year as part of the $1.9 trillion American

American Banker, May 18, 2022, Goldman Sachs report shows bank is losing senior Black women Goldman Sachs Group is losing its most powerful Black women, according to new data the firm released in a report on its website. The bank had 19 Black women among its executives and senior officials as of November 2021, the bank said,

The Wall Street Journal, May 18, 2022, Fed Nominee Michael Barr Has Pressed to Reverse Trump-Era Banking Policies Former Treasury Department official Michael Barr is expected to pursue tougher oversight of the financial system and reverse some Trump-era policies if he wins confirmation as the Federal Reserve’s top bank regulator. Mr. Barr, who worked in

The New York Times, May 18, 2022, US Soccer and Top Players Agree to Guarantee Equal Pay For the first time, soccer players representing the United States men’s and women’s national teams will receive the same pay and prize money, including at World Cups, under landmark agreements with the U.S. Soccer Federation that will end

American Banker, May 17, 2022, FDIC, CFPB target crypto firms that make false claims of deposit insurance The Federal Deposit Insurance Corp. adopted a rule Tuesday that outlines its authority to prohibit individuals and organizations from making misrepresentations about deposit insurance, or misusing the FDIC’s name or logo. Following the meeting, the Consumer Financial Protection Bureau