Senate Confirms Janet Yellen as Treasury Secretary
The confirmation of Janet Yellen is an important first step on the road to economic recovery.
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Treasury
Treasury questions financial inclusion for the fintech industry
Today the U.S. Department of Treasury released a roadmap for regulating financial technology, defining this administration’s policy approach towards the rapidly growing industry.
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CNNMoney: Trump may weaken ‘outdated’ rules that force banks to lend to the poor
For years, banks have been fighting these requirements to lend to underprivileged people — and President Trump is listening as he continues his war on regulation. The irony is that these rules benefit the same “blue-collar people Donald Trump maintains he represents.
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Letter to the Federal Housing Finance Agency and Department of the Treasury on GSE Capital Buffer
Letter to the Federal Housing Finance Agency and Department of the Treasury on GSE Capital Buffer (Download PDF)
Letter to the Federal Housing Finance Agency and Department of the Treasury on GSE Housing Goal Performance and Pricing
Letter to the Federal Housing Finance Agency and Department of the Treasury on GSE Housing Goal Performance and Pricing (Download PDF)
NCRC Applauds Letter from 32 Members of Congress to FHFA Director and Treasury Secretary Urging Adequate Capital at Fannie and Freddie
Washington, DC – Today, the National Community Reinvestment Coalition applauded a letter from 32 Members of Congress to FHFA Director Mel Watt, and Treasury Secretary Jack Lew, urging them to ensure that Fannie Mae and Freddie Mac are adequately capitalized. NCRC members first introduced and urged Members of Congress to sign on to this letter at
NCRC Applauds Senator Reid’s Remarks on GSE Reform
Washington, DC – Today, the National Community Reinvestment Coalition applauded remarks from Senate Majority Leader Harry Reid on GSE reform. In a recent interview that addressed GSE reform, Senator Reid expressed the need to “protect homeownership.” “We are very glad to hear Senator Reid voice the need to protect homeownership and proceed carefully with GSE reform,”
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NCRC Statement on the Nomination of Sarah Bloom Raskin as Deputy Treasury Secretary
 Washington, DC – Today, in reaction to the news that President Obama has nominated Federal Reserve Board Governor Sarah Bloom Raskin to serve as Deputy Treasury Secretary, NCRC President and CEO John Taylor made the following statement: “Sarah Bloom Raskin is sure to be an excellent Deputy Treasury Secretary, and we urge her prompt confirmation.
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NCRC Files Comments to Treasury Regarding Reform of GSEs
This week, NCRC filed comments to the US Department of Treasury and US Department of Housing and Urban Development regarding the future of the Government Sponsored Enterprises (GSEs), the regulation of the housing finance system, and the role of government in the finance system. Click here to download the Comments as a PDF
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