Young, Senate Finance Colleagues Urge Democrats to Abandon Proposal that Would Compromise Law-Abiding Americans’ Private Financial Information


WASHINGTON (September 29, 2021) — U.S. Senator Todd Young (R-Ind.), and all Republican members on the Senate finance and banking committees, sent a letter urging Senate Majority Leader Chuck Schumer (D-N.Y.) to abandon the Biden-Harris administration’s unprecedented proposal to expand the reporting of the private, confidential financial data of law-abiding Americans from financial institutions…

US Retail Sales Rebounded, As U.S. Retail Sales Trigger Metal’s New Crash


WASHINGTON (September 16, 2021)--- Sales at the nation’s retailers rose 0.7 in August, the Commerce Department said Thursday, despite a huge decline in vehicle sales related to product shortages and shipping concerns.  Groceries sales increased 2.1% since people stayed home due to COVID-19. . Excluding cars, sales rose a robust…

HUD AND FHFA ANNOUNCE COLLABORATION TO ADVANCE FAIR HOUSING AND FAIR LENDING ENFORCEMENT


CITY OF WASHINGTON (August 13, 2021)--the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) (collectively, the Agencies) entered into a first-of-its-kind collaborative agreement regarding fair housing and fair lending coordination. Under the Memorandum of Understanding (MOU), the two Agencies will focus on enhancing their…

Statement by IMF Managing Director Kristalina Georgieva on Jordan


Washington, DC (July 24, 2021)--today  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement: “I greatly appreciated the opportunity to meet today in Washington with King Abdullah II of Jordan. We discussed global and regional developments and the efforts of the Kingdom to achieve…

World Bank, IMF Launch High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth


Washington, DC (June 15, 2021)--In the face of two crises—COVID-19 and climate change—the World Bank Group and International Monetary Fund launched a High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth today to help secure a strong recovery and set a path for green, resilient, and inclusive development over the…