Citadel Federal Credit Union agrees to pay feds $6.5M for lending discrimination
In a landmark agreement, Citadel Federal Credit Union will pay the federal government over $6.5 million to resolve allegations that it engaged in lending discrimination by redlining predominantly black and Hispanic neighborhoods in and around Philadelphia, according to the U.S. Department of Justice (DOJ). The DOJ said Oct. 10 this is its first redlining settlement with a credit union, making the agreement an historic achievement for the department’s Combating Redlining Initiative, which ta...
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Sen. Wyden urges DOJ to investigate youth treatment facilities for Medicaid fraud
U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, is urging the U.S. Department of Justice (DOJ) to inv...Read More »
Sens. Warner, Cassidy introduce bill to improve service at IRS
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U.S. Treasury awards California $10M to grow small businesses
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FHLB Dallas, members award $550K in grants to New Mexico-based tribal housing groups
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Sens. Scott, Rounds seek response from Fed on anti-money laundering controls
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Iowa lawmaker’s bill to exempt family farms from FAFSA change gains ground
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FDIC survey reveals insights into small business lending practices
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Reps. Bacon, Perez introduce bill to help improve credit scores
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Chamber urges Biden to invoke Taft-Hartley to avoid work stoppages at ports
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House committee passes bill to better prosecute international trade crimes
The U.S. House Judiciary Committee passed legislation recently that seeks to establish a new structure dedicated to pros...Read More »