Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities

Federal regulators and lobbyists familiar with the change say the white house management and budget office is reviewing a proposed executive order, originally drafted by two conservative Washington think tanks, that would prohibit the use of “the disparate-impact approach in the enforcement or application of any civil-rights law.”

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6 days ago Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities By Andrew Keshner. Published: May 14, 2019. the Home Owners’ Loan Corporation, was tasked.

businesses, and many succeed, women must overcome barriers their.. As the saying goes, you can’t measure what you don’t count.. prerequisite for a business loan,25 and required the first federal. (CFPB) should be working to remedy the data shortfall by collecting. and industrial applications.

Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities – They point to research saying minority-owned businesses have been missing out on capital and credit at fair terms to boost their businesses. received 2.3% of the Small Business Administration’s.

 · A Push to Get More Women at the top. boston globe [PDF] – May 9, 2019 "It’s long been known that it’s good for the bottom line to have a diverse range of viewpoints, and that women are highly capable of being in charge.But few companies are pursuing deeply rooted structural changes that could lead to more high-ranking women, said Jodi Detjen, a Suffolk University management professor who.

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On July 21, 2010, the Dodd-Frank Act established the CFPB to regulate the offering and provision of consumer products or services under federal consumer financial law. The CFPB is authorized under the act to enforce federal consumer financial law through judicial actions and administrative adjudication proceedings.

CFPB Faces Lawsuit on Payday Lending Rule Groups representing the small-dollar lending industry challenge rule finalized in 2017, which the bureau is currently reconsidering. The lawsuit also argues the CFPB’s structure is unconstitutional. 4/10/2018 3:00 PM

Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities – The 2010 Dodd Frank Act, a federal law passed in the aftermath of the 2008 market collapse, requires lenders to compile information on applications and actions taken on loan requests. The CFPB is.

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