by Matthew Russell Lee, Patreon Book Substack
SOUTH BRONX NY, Nov 29 – The long delayed small business data reporting provision of the Dodd Frank Act is in play again in Congress.
On November 28 the House Rules Committee held a hearing to move forward S.J.Res. 32, targeting the CFPB's rule.
Pennsylvania Rep. Scanlon pointed out at the COVID PPP loan program went in the first instance to the "concierge" clients of big banks. (There was also much related fraud, which Inner City Press reported on daily in the SDNY and other Federal courts).
New Mexico Rep. Leger Fernandez pointed out the lack of access to capital in rural area.
S.J.Res. 32 is slated to come up on the House floor, like George Santos, this week. NCRC resources here; Inner City Press will stay on this.
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