FairFinanceWatch.org @FinanceWatchOrg
This is Fair Finance Watch -- watchdogging the financial industry, from the Community Reinvestment Act to fair lending, human rights and environmental justice fairfinancewatch.org South Bronx and Federal courts Joined May 2011-
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Beat Beat: After Flagstar NYCB Rubber-Stamped by Federal Reserve, Lawsuit against Flagstar CEO Shows Dysfunction - @innercitypress story: innercitypress.com/cra12gnycbflag…
All politics are local: Zohran Mamdani just said, Cuomo concedes, thanks Brad Lander, detained by ICE, "we have won from The Bronx to Chinatown."
Just in: "The Federal Reserve Board on Monday announced reputational risk will no longer be a component of examination programs & has started removing references to reputation and reputational risk from its supervisory materials, including examination manuals." Oh
New Era: Community Reinvestment Act Problems with First National Bank of Omaha Bid for Country Club Bank, So CRA Challenge Filed with OCC by Fair Finance Watch - story on Inner City Press: innercitypress.com/cra1fnbocountr…
BANK BEAT: Community Reinvestment Act Problems with Planters Bank and Trust Cross Keys Bank Merger Lead to Challenge by Fair Finance Watch - @innercitypress story: innercitypress.com/cra1planterscr…
FORM LETTER FROM THE FED: On Discover Merger, Federal Reserve Ex Parte Met With Capital One Now Good Friday Approval with Consent Order as Fig Leaf - Inner City Press story: innercitypress.com/bank23cbcapita… FOIA documents: documentcloud.org/documents/2555…
RUBBER STAMP: On Discover Merger, Federal Reserve Ex Parte Met With Capital One Now Good Friday Approval with Consent Order as Fig Leaf - Inner City Press story: innercitypress.com/bank23cbcapita… FOIA documents: documentcloud.org/documents/2555…
FED FOIA FAIL: On Discover Merger Federal Reserve Ex Parte Met Capital One then Withheld FOIA Docs for a full Year, now Denies Appeal - Inner City Press story: innercitypress.com/bank23cacapita… Fed denial letter on DocumentCloud: documentcloud.org/documents/2589…
WHO'S IN YOUR WALLET? Federal Resever Extends Its Time on Fair Finance Watch's FOIA Appeal for Withheld Fed - Capital One Talks as Rocket Eyes Mr Cooper, Monopolization on the Move - Inner City Press story: innercitypress.com/bank23icapital…
WHO'S IN YOUR WALLET? CFPB Kneecaps Home Mortgage Disclosure Act Data Analysis as Federal Bank Regulators Drop CRA Rule and Fed Hides Talks with Capital One - Inner City Press story on Fair Finance Watch 2d Petition to the FRB: innercitypress.com/hmda1kneecappe…
Who's In Your Wallet? Federal Bank Regulators Drop Community Reinvestment Act Rule as Federal Reserve Conceals Its Dealing with Capital One - #JustEconomy will continue - Inner City Press story: innercitypress.com/cra1rulerevoke…
Meanwhile, Judge Richard G. Stearns of the U.S. District Court in the District of Massachusetts just granted a temporary injunction stopping the termination of 78 federal fair housing grants to fight housing discrimination. #JustEconomy
Rep. Emanuel Cleaver ranges from Greenland to the butterfly effect, bipartisan legislation (?) #JustEconomy This while the Federal Reserve sends back form letters in response to new information (including from @FinanceWatchOrg & NCRC) against Capital One- Discover
Federal Reserve Snubs New BIS Study of Data and Antitrust Cited Against Capital One - Discover Merger by Fair Finance Watch #JustEconomy innercitypress.com/bank23gcapital…
WHO'S IN THE FED'S WALLET? On Discover Merger, Federal Reserve Secretly Met With Capital One in February and early March 2024 Then Withheld FOIA Docs for a full Year, Now Here - Story: innercitypress.com/bank23ccapital… 1000 pages on DocumentCloud: documentcloud.org/documents/2555…
WHO'S IN YOUR WALLET? Amid Discover Merger, Now CFPB Drops Capital One Case FFW Asks Who Is In Federal Reserve's and OCC's Wallet? story: innercitypress.com/bank23acapital… and on bsky.app/profile/innerc…
CFPB dot gov is now 404. For now, onus is on the Federal Reserve, both for reviving its pre-CFPB functions, and being less of an automatic rubber stamp of bank mergers - many more are coming - than it has become. #NewEra
Sign of the time? Now on November 25, 2024 Old National announces a proposal to acquire Bremer Bank. Would this have been proposed before November 5? We'll see. Plus ca change: innercitypress.com/cra10oldnaticp…
As the Community Reinvestment Act turns 47, there is work to be done to enforce it, on mergers and even on getting banks' CRA-related filing made public. FFW has pending Federal Reserve FOIA requests, got expedited processing but still no documents. #ProtectCRA!
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