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CFPB issues report on state community reinvestment laws

CFPB Monitor

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Saving Main Street: Fairfax County, VA Kicks Into Gear

PYMNTS

This is near an office environment and a vibrant community, and we see a chance to create an exciting and interesting destination.”. Small businesses make up 94 percent of our base and account for almost one-third of jobs in our community,” said Fairfax County Board of Supervisors Chairman Jeffrey C.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

“Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. But I knew weather and sports,” Roth noted. And that was really all I needed.”.

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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Though marijuana has been decriminalized for medical or recreational purposes in 29 states (and the District of Columbia) and 64 percent of the polled voting population supports marijuana’s legalization, pot remains very much illegal on the federal level as a Schedule 1 narcotic.

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CFPB Issues Interpretive Rule Clarifying that Sex Discrimination under ECOA and Regulation B Includes Sexual Orientation and Gender Identity Discrimination

CFPB Monitor

Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination.

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State AGs urge Mulvaney to continue use of disparate impact theory of ECOA liability

CFPB Monitor

On September 5, 2018 a group of 14 state Attorneys General and the AG for the District of Columbia sent a comment letter to CFPB Acting Director Mick Mulvaney, urging him to refrain from “reexamining the requirements” of the Equal Credit Opportunity Act (“ECOA”). to discriminate against any person. to discriminate against any person.

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More PPP Funds Would Help CDFIs Lend Money To Micro Businesses

PYMNTS

Community Development Financial Institutions (CDFIs) are hoping more Paycheck Protection Program (PPP) funding is passed by Congress soon so that smaller businesses left behind can stay afloat during the coronavirus pandemic, according to a Tuesday (April 14) report in the Wall Street Journal.