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.
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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.
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Capital One – Discover Merger Call
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NCRC’s Comment Letter to HUD About Community Development Block Grants (CDBGs)
Download March 11, 2024 Jessie Handforth Kome Director, Office of Block Grant Assistance Room 7282 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 Heidi Frechette Deputy Assistant Secretary for Native American Programs Room 4108 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 RE: Submission for
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Joint Statement in Support of CFPB 1033 Rulemaking
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
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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.
The Washington Post: Biden To Propose New $5,000 Tax Credit For First-Time Home Buyers
The Washington Post, March 7, 2024, Biden To Propose New $5,000 Tax Credit For First-Time Home Buyers President Biden will propose a set of new housing initiatives in Thursday’s State of the Union address, including tax credits to offset high mortgage rates for first-time home buyers and encourage people to move out of starter homes and
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NPQ: The Economic Case Against Work Requirements
NPQ, February 29, 2024, The Economic Case Against Work Requirements Work requirements for public benefits programs have roots in the long history of slavery and its afterlife in the United States. But they are not just racist—they are ineffective and bad for the economy. Modern work requirements imposed through welfare reform in 1996 have now
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Barron’s: Waters Says Affordable Housing Is Critical To Fighting Inflation
Barron’s, March 6, 2024, Waters Says Affordable Housing Is Critical To Fighting Inflation In her opening remarks in Wednesday’s hearing, Waters said that while she’s pleased about the progress the Fed has made in bringing down inflation, the U.S. is “not out of the woods yet.” She specifically called out housing as an area of
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CBS News: 50 Years Of Tax Cuts For The Rich Failed To Trickle Down, Economic Study Says
CBS News, December 17, 2020, 50 Years Of Tax Cuts For The Rich Failed To Trickle Down, Economic Study Says But the analysis discovered one major change: The incomes of the rich grew much faster in countries where tax rates were lowered. Instead of trickling down to the middle class, tax cuts for the rich
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The Washington Post: U.S. Caps Credit Card Late Charges In New Biden Crackdown On Junk Fees
The Washington Post, March 5, 2024, U.S. Caps Credit Card Late Charges In New Biden Crackdown On Junk Fees Under the new regulations, credit card issuers, including Bank of America, Capital One, Citibank and JPMorgan Chase, cannot charge more than $8 for a late payment unless they can explicitly point to data showing they must
Federal Reserve Bank Of Minneapolis: Native Entrepreneurs Face Credit-Access Challenges
Federal Reserve Bank Of Minneapolis, February 21, 2024, Native Entrepreneurs Face Credit-Access Challenges In 2022, the most recent year for which SBCS data are available, Native representation in the survey data was the highest it has ever been, at 405 out of 13,910 respondents, or nearly 3 percent of the total sample. For the first
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Public News Service: Health Center Development Offers Innovative Model For Affordable Housing
Public News Service, February 26, 2024, Health Center Development Offers Innovative Model For Affordable Housing A new development in Denver’s Elyria-Swansea neighborhood that combines affordable housing, a healthcare provider, a pharmacy – and next, a grocery store offering fresh produce – is proving how collaborative partnerships with real community input can meet the needs of historically