Recession Watch? September 2024 Race, Jobs and the Economy Update
Is the US economy headed for a recession? Signs were muddled and mixed in the August jobs report.
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NCRC’s Van Tol on Section 1071 Ruling: Common Sense Prevails Over Frivolous Greed
A Texas court rightly upheld the CFPB’s recent Section 1071 rule collecting data on small business loans. The separate CRA lawsuit should fail too.
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A Disappointing Jobs Report, A Global Sell-off And A Quick Reset: August 2024 Race, Jobs And The Economy Update
The latest jobs report was worrisome. News since has been better. So where does the US Economy stand in summer 2024?
Pennsylvania’s Hospital Merger Speedrun Will Hurt Patients. Here’s How They Can Do Better Next Time.
A $14 billion hospital merger that threatens to bring new hardship to rural Pennsylvanians was abruptly approved earlier this month, thwarting community expectations of a slower and more stringent review of the deal. The marriage of Jefferson Health and the Lehigh Valley Health Network creates the state’s second-largest nonprofit hospital system, affecting 30 hospitals and
If You Want More Housing, Build Less Parking: Local Zoning Lessons For The Housing Affordability Crisis
The affordable housing crisis requires exercising all available policy tools — including local zoning rules about parking spaces.
Benefits Of Approving $35B Capital One-Discover Merger Are Just 2% Of What Bank Claims, Community Advocates Write to Regulators
“$5 billion is an insultingly small tip to leave on a quarter-trillion-dollar tab,” said Jesse Van Tol, President and CEO of NCRC.
Bloomberg Law: Banks, Consumer Groups Tell US Regulators To Unify Merger Plans
Bloomberg Law, June 20, 2024, Banks, Consumer Groups Tell US Regulators To Unify Merger Plans Consumer advocates want the OCC to rescind Trump-era changes to the use of Community Reinvestment Act, a 1978 anti-redlining law, to inform merger reviews. “The OCC’s proposed rule does not rescind harmful changes to merger application procedures adopted during the
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CFPB: CFPB Takes Action Against Fifth Third For Wrongfully Triggering Auto Repossessions And Opening Fake Bank Accounts
CFPB, July 9, 2024, CFPB Takes Action Against Fifth Third For Wrongfully Triggering Auto Repossessions And Opening Fake Bank Accounts The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender Fifth Third Bank for a range of illegal activities that would result in the bank paying $20 million in penalties in addition to
Regulators Must Block Capital One-Discover Merger, 138 Community Organizations Write In Comment Letter
A day after Capital One announced support from four community organizations, 138 others blasted the proposed Capital One-Discover merger in a letter.
NCRC Statement On Capital One’s Promises To Marginalized Communities
A Capital One-Neighborworks deal resembles ‘a backdoor endorsement of the merger and a serious conflict of interest just as OCC and Fed staff review the deal.’
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Health Equity Research Spotlight: Challenges And Solutions For Connecting Community Development And Public Health Institutions
Two recent studies of health equity work show the challenges that community development and public health organizations face in building trust.
Housing, Household Budgets And Hiring Hiccups: July 2024 Race, Jobs And The Economy Update
The July jobs report hints at a softening economic picture — especially with household budgets continuing to feel the squeeze of inflation.
Remembering Inez Long
In memory of a dynamic woman who left positive marks on the communities she served.
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NCRC Statement on Supreme Court Ruling In Chevron Deference Case
“If the courts are declaring open season on regulatory decision-making, then we have to make sure corporate America aren’t the only ones fighting.”
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Health Equity Research Spotlight: Housing Vouchers Improve Physical Health
Public health outcomes improve when HUD housing vouchers are more widely available.
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