Reaching a compromise on an issue that threatened to derail financial regulatory legislation, the House Financial Services Committee voted on Wednesday to give the federal government the power to block the states from regulating large national banks in some circumstances.
The financial reform legislation that would establish a Consumer Financial Protection Agency has been severely weakened by Congress, which has bowed to the financial industry’s multi-million dollar lobbying campaign. The bill contains loopholes, exemptions and other weaknesses that undermine its abi...
On January 7, 2004, the federal Office of the Comptroller of the Currency quietly staged a coup against the U.S. states. The move poked a gaping hole in the laws shielding consumers from predatory banking practices, and also coincided with a historic boom in subprime lending. Now we’re paying the pr...
The reform fervor gripping Washington is worrying many states, with U.S. governors on Wednesday speaking up about a bill that Congress is drafting to create consumer protection regulations in the financial services sector.
The U.S. Department of Housing and Urban Development is making available $1.43 billion in homeless assistance grants to thousands of local projects that house and serve homeless persons and families across the country. In its funding announcement, HUD notified applicants that it will quickly award ...
The DC Fiscal Policy Institute conducts research and public education on budget and tax issues in the District of Columbia, with a particular emphasis on issues that affect low- and moderate-income residents. By preparing timely analyses that are used by policy makers, the media, and the public, DCF...
The Government of the District of Columbia Department of Insurance, Securities and Banking (DISB) regulates all financial service businesses in the District of Columbia by administering District of Columbia insurance, securities and banking laws, rules and regulations. The government agency’s goal i...
The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks. It also supervises the federal branches and agencies of foreign banks. Headquartered in Washington, D.C., the OCC has four district offices plus an office in London to supervise the internatio...
CARECEN is a 501(c)3 community-based organization which offers legal, educational, housing, citizenship and civic participation programs to the Central American/Latino community. It was established in 1981 to secure the rights of those Salvaorans and other Central Americans who fled from the wars, t...
The Coalition on Human Needs (CHN) is an alliance of national organizations working together to promote public policies which address the needs of low-income and other vulnerable populations. The Coalition's members include civil rights, religious, labor and professional organizations and those conc...