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NCRC Testifies on Older Americans Act before House Appropriations Committee
March 29, 2012 -- NCRC President and CEO John Taylor and National Neighbors Silver Ambassador, Annette Smith, testified today before the House Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies, citing issues like economic security for older adults, foreclosure prevention, and the need to restore funding to vital programs affecting America's seniors.
Annette Smith, a representative of the California Coalition for Rural Housing, one of ten National Neighbors Silver partners involved in NCRC's newest initiative to build economic security for older adults, offered written testimony in support of full funding for the Older Americans Act to the House Appropriations Subcommittee. Ms. Smith spoke of her personal experience accessing critical services in the face of homelessness.
National Groups Request Hearings on Capital One-HSBC Acquisition
- We have concerns about whether this proposal threatens our economic stability by encouraging "Too-Big-to-Fail" banking.
- We have concerns about whether this proposal addresses Capital One's unresolved legal challenges.
- We have concerns about whether this current review process allows for meaningful public input and requires Capital One to demonstrate a genuine commitment to underserved communities.
- We have concerns about whether this proposal resolves allegations of Capital One's abusive financial practices.
Taylor Testifies before Senate Subcommittee on Primary Health & Aging
October 31, 2011 — As part of the National Neighbors Silver initiative, John Taylor submitted written testimony to the Senate Subcommittee on Primary Health and Aging on how older adults are faring in the aftermath of the Great Recession. The testimony sheds light on the silent housing crisis plaguing our aging communities. Mr. Taylor offers recommendations for building economic security and preserving wealth for today's and future generations of retirees.
Additional Resources:
- Read the GAO report which served as the basis for the October 18, 2011 hearing sponsored by the Senate Subcommittee on Primary Health and Aging on the recession and older Americans. GAO - Income Security: The Effect of the 2007-2009 Recession on Older Adults
- Visit the Senate Subcommittee Primary Health and Aging website for a video of the hearing.
NCRC Testifies at Public Hearings on Capital One Deal
September 20, 2011 -- NCRC President and CEO John Taylor testified today before the Federal Reserve on the Capital One acquisition of ING Direct USA, citing issues like systemic risk, public benefits, the future of community-based banking, and the effectiveness of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
NCRC Request to Bernanke to Hold Public Hearings on Capital One Deal
July 25, 2011 -- NCRC head John Taylor wrote Federal Reserve Board Chairman Ben Bernanke to request that the Federal Reserve hold public hearings in five cities and extend the comment period on the Capital One acquisition of ING Direct USA, citing serious and pervasive concerns about the deal.
President Obama on HR 3808
NCRC Files Comments to Treasury Regarding Reform of GSEs
This week, NCRC filed comments to the US Department of Treasury and US Department of Housing and Urban Development regarding the future of the Government Sponsored Enterprises (GSEs), the regulation of the housing finance system, and the role of government in the finance system.
John Taylor Testifies on the role of PMI & Housing Finance (July 29, 2010)

