Banking

US regulators should push lenders to help minority communities

The writer, a former US controller of the currency, is managing director of Promontory Financial Group, a consultancy firm Despite calls from Federal Reserve Chairman Jay Powell for more robust support for the US economy, President Donald Trump has abandoned negotiations with Congress. With no fiscal stimulus in sight, this …

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Oregon law prohibits seizures in COVID emergencies

On June 30, 2020, Oregon Governor Kate Brown signed Bill 4204 titled “Relating to Strategies to Protect the Residents of Oregon from the Effects of the COVID-19 Pandemic; and declare an emergency ”(the“Oregon Status“). In response to the COVID-19 pandemic, Oregon law establishes temporary limitations on the ability of lenders …

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