Congress Calls for Racial Equity in Lending

Letter to Federal Reserve and Treasury Department calls for racial considerations in emergency lending.  Late last week, Representative Ayanna Pressley and Congressional Oversight Commissioner Bharat Ramamurti called on…

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Federal Reserve Announces Policy Changes

Prepared to accommodate a higher level of inflation. Federal Reserve Chairman Jerome Powell announced last week that inflation rates will now be allowed to exceed its previously held…

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Federal Reserve Aims to Keep Interest Rates Low Into 2022

The semi-annual policy report predicts slow recovery. The Federal Reserve released its semi-annual report to Congress this past Friday. Chairman Jerome Powell is scheduled to present the report…

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Federal Reserve Proposes New Aid Plan

Additional $2.3 trillion injected into U.S. Economy.  The Federal Reserve announced new plans on Thursday to curtail the economic impact of the global COVID-19 pandemic. New measures will…

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