NCRC And 110 Organizations Urge Regulators To Block Capital One-Discover Merger In Detailed Comment Letter
Regulators have a responsibility to block mergers that harm the public. The Capital One-Discover merger is a great example.
Video: The Capital One – Discover merger poses a significant threat to all of us
Capital One is built on extracting as much wealth as possible from low- and moderate-income customers, and if this merger goes through, they will have the ability and incentive to take even more. This would also make Capital One the sixth largest bank in the country, greatly increasing risks to the entire financial system in
NCRC’s comment on OCC’s proposed changes to its Freedom of Information Act regulation
(Download) April 22, 2024 RE: Docket ID OCC–2022–0008 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment regarding availability of information under the Freedom of Information Act (FOIA). NCRC is a network of more than 700 community-based organizations dedicated to creating a nation that not only promises but
Recap: Highlights From The 2024 Just Economy Conference
From across the nation, 1,200 community development leaders, practitioners, policy makers, industry professionals and NCRC members gathered at the 2024 Just Economy Conference April 3-4 in Washington, DC. They made new connections and shared knowledge on banking mergers, community land trusts, Â responsible AI in lending and many other topics. The conference featured news-making appearances on
Video: Municipal leaders on public-private partnerships
NCRC Just Economy Conference 2024 — Recorded April 4, 2024 Cincinnati Mayor Aftab Pureval, Houston’s District F City Councilwoman Tiffany Thomas, and Asahi Pompey, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation will share how local policy and elected officials partner with financial and other anchor institutions such as hospitals, higher ed, and
The job market for college graduates remains strong but uncertainties persist
The Bureau of Labor Statistics (BLS) monthly jobs report provides a broad look at the current state of the labor market. It is comprised of two surveys, a household survey sent to people that gauges their labor market experiences of employment and unemployment and an establishment survey sent to businesses to measure their hiring levels, hours and
Video: FDIC Chairman Martin Gruenberg at the 2024 Just Economy Conference
Chairman of the Board of the Federal Deposit Insurance Corporation Martin Gruenberg provided remarks and answered questions from the National Community Reinvestment Coalition’s (NCRC) President and CEO Jesse Van Tol at the 2024 Just Economy Conference.Â
Video: OCC Acting Comptroller Michael Hsu at the 2024 Just Economy Conference
The Acting Comptroller of the Currency Michael Hsu provides remarks and answers questions from the National Community Reinvestment Coalition’s (NCRC) President and CEO Jesse Van Tol at NCRC’s Just Economy Conference.Â
Video: Vice Chair of the Federal Reserve Michael Barr Sits Down With Politico Reporter Victoria Guida at the 2024 Just Economy Conference
Vice Chair of the Federal Reserve Board of Governors Michael Barr answers questions from Politico reporter Victoria Guida on April 3, 2024, at NCRC’s Just Economy Conference.
Video: CFPB Director Rohit Chopra at the 2024 Just Economy Conference
Director of the Consumer Financial Protection Bureau Rohit Chopra provides remarks and answers questions from the National Community Reinvestment Coaltion’s President and CEO Jesse Van Tol on April 3, 2024, at NCRC’s Just Economy Conference.Â
Jesse Van Tol’s Keynote Speech At The 2024 Just Economy Conference
NCRC head Jesse Van Tol provided an update on KeyBank and previewed the upcoming fight with Capital One at the 2024 Just Economy Conference.
Video: 2024 Hill Day Priorities
Online Event Archive Recorded March 21, 2024 During the webinar, NCRC staff review the policy priorities for this year’s Hill Day. This session will help grow your policy knowledge and is the first step in preparing Hill Day participants for their meetings. Speaker: Rion Dennis, Senior Government Affairs Director, NCRC Transcript: NCRC video transcripts
Empowering Voices: Celebrating Women’s Achievements at NCRC for Women’s History Month
As we celebrate Women’s History Month this March, NCRC would like to acknowledge all the amazing work and accomplishments women have achieved. At NCRC, we are proud to have many strong and hardworking women advocating for a Just Economy for all. Each of them plays a crucial role in creating a more inclusive society. And
Messaging Memo: Words That Work to Oppose the Capital One-Discover Merger
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NCRC Statement: “Huge Step Forward” In New FDIC Merger Review Proposal
The Federal Deposit Insurance Corporation (FDIC) on Thursday proposed changes to its merger review practices. Jesse Van Tol, President and CEO of NCRC, released the following statement: “The FDIC’s proposal is a huge step forward. In particular, it recognizes that the regulators obligation is to assess public benefit in a forward-looking way, not just rely
NCRC Statement: Capital One Merger Filing Is A Polite Way Of Saying ‘Please Let Us Exploit More Desperate Americans’
Capital One’s merger filing is an attempt to expand a business model that intentionally harms the most vulnerable Americans.
Groups Demand Open, Transparent Process for Capital One-Discover Merger Review
Regulators should block Capital One’s merger — and the process by which they evaluate the deal needs to include community voices.
Loss Of Medicaid Coverage Disproportionately Impacted People Of Color
A process known as “Medicaid unwinding” is dumping tens of millions of low-income households off a key anti-poverty program, usually without solid evidence.
NCRC Awarded Largest HUD Housing Counseling Training And Services Grant
NCRC was awarded $578,416.92.
Joint Statement in Support of CFPB 1033 RulemakingÂ
Consumers’ ability to share their data held at their banks has become necessary to access many financial services. NCRC’s Just Economy Pledge includes a commitment to ensure that individuals own their personal data, control who has access to it, and are treated fairly by anyone who does.[1] The scope of consumers’ rights regarding the sharing of
Gender Differences In Unemployment Trends: Race, Jobs And The Economy Update For February 2024
Better understand the February jobs report with this special Women’s History Month edition of NCRC’s Race, Jobs and the Economy series.
Next Generation Of Community Development Leaders: Join NCRC For The Emerging Leaders Reception At The 2024 Just Economy Conference
NCRC’s Emerging Leaders Reception* is a networking event for young professionals from across the country pursuing a career in the community development field.Â
Regulators Should Block Capital One-Discover Merger, Advocacy Groups Write In Joint Letter
Here’s why regulators should block the Capital One-Discover merger.
NCRC’s Letter to The Appraisal Subcommittee About Potential Solutions to Appraisal Bias in Response to February 13, 2024 Hearing
(Download) March 4, 2024 Jim Park Executive Director Appraisal Subcommittee 1325 G Street Suite 500, NW Washington, DC 20005 appraisalbiashearing@asc.gov Dear Executive Director Park: The National Community Reinvestment Coalition appreciates the opportunity to submit written comments to the Federal Financial Institutions Examination Council’s Appraisal Subcommittee. We thank The Appraisal Subcommittee of the Federal Financial Institutions Examination
NCRC Announces 3 Winners in #JustEconomy Spirit Contest
Winners receive a ticket to the 2024 Just Economy Conference in Washington, DC, April 3-4, as well as a two-night stay at the Washington HIlton. Congratulations to Carmen Velez, a Housing Counselor at Neighborhood Housing Services of South Florida in Miami; Joseph Williams, Managing Director at The Community Foundation for Greater New Haven in Connecticut; and