DCWBC Women Entrepreneur Profile: GoPursue

This is part of a series of profiles showcasing the talented entrepreneurs of NCRC’s DC Women’s Business Center. GoPursue is a women-owned business started by Kathryn Breisch that helps students discover careers. What kind of product or service do you sell?  We’re a Software-as-a-Service company that helps high school and college students figure out what […]

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Industry members of the Innovation Council urge regulatory stabilization at the CFPB

(Download) March 19, 2025 Majority Leader John Thune United States Senate SD-511 Washington, D.C. 20510 Minority Leader Charles Schumer 322 Hart Senate Office Building Washington, D.C. 20510 Re: Industry Support for the Rapid Confirmation of a Permanent Director of the CFPB To the Honorable Majority Leader Thune and Honorable Minority Leader Schumer, As members of

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NCRC and CDFI Members Urge Congress to Protect the CDFI Fund From Elimination

(Download) March 21, 2025 Senator Mark Warner Senator Mike Crapo Senator Thom Tillis, Chairman, Financial Institutions and Consumer Protection Senator Catherine Cortez Masto, Ranking Member, Financial Institutions and Consumer Protection Rep. Andy Barr, Chairman, Subcommittee on Financial Institutions Rep. Bill Foster, Ranking Member, Subcommittee on Financial Institutions Dear Senator Warner and Senator Crapo; Chairman Tillis

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Odds of Recession Rise While Tariffs Dampen Consumer Outlook: March 2025 Race, Jobs and the Economy Update

Analysis of Topline Figures in the March BLS Report In February, the economy added 151,000 jobs, while the unemployment rate ticked up to 4.1%.  Although the topline figures are relatively solid, especially considering the current tumultuous political climate, the report does contain some concerning red flags.  The government sector only added 11,000 jobs, while the

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NCRC Comment Letter in Opposition to Stellantis Bank USA Application for Deposit Insurance

March 15, 2025 Paul Worthing Regional Director San Francisco FDIC 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA, 94105-2780 CRACommentCollector@FDIC.GOV Re: National Community Reinvestment Coalition Opposition to Federal Deposit Insurance Application for Stellantis Bank USA Director Worthing: We appreciate the opportunity to comment on Stellantis’ application for deposit insurance as part of

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How Effective Public-Private Housing Partnerships Could Provide Relief for Housing Insecure Students and Residents

The unincorporated community of Isla Vista, California, is home to just 15,500 people, but its population density rivals that of Los Angeles. This small strip of coast boasts uninterrupted views of the Pacific — and some of the highest housing prices in the nation. While the main University of California-Santa Barbara (UCSB) campus is to

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NCRC and Member Organizations Send Letter to Congress Opposing Cuts to HUD Funding

(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL March 10, 2025 Dear Chairs Womack,

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NCRC Announces New Housing Counseling Training Series

The National Community Reinvestment Coalition (NCRC) recently announced a new three-session training series designed specifically for housing counselors to deepen their understanding of fair housing rights, responsibilities and enforcement requirements. The interactive series, Fair Housing Navigator: A Guide for Housing Counselors, will provide practitioners the tools and knowledge needed to help clients navigate housing challenges,

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212 Community Development Organizations Call On Congress To Restore CDFI Funding That Boosts Growth

Congress should reassert the power of the purse by restoring Community Development Financial Institution (CDFI) funding and programming recently frozen by the Executive Branch, the National Community Reinvestment Coalition (NCRC) and 211 local community development advocates urged in a letter to legislators on Friday, February 28.  “Investing in CDFIs should not be a partisan issue,”

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CFPB Dismissing Lawsuit Against Capital One Betrays Consumers

In response to reports that the Consumer Financial Protection Bureau (CFPB) dismissed its lawsuit against Capital One for defrauding consumers out of more than $2 billion in interest payments on savings accounts, NCRC released the following statement: “The dismissal action today from the CFPB sends a signal that big corporations can bamboozle consumers and suffer

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The Federal Workforce, The Creation of the Black Middle Class, and its Tenuous Future: A Black History Month Reflection

In 1926, historian and author Dr. Carter G. Woodson and the Association for the Study of African American Life and History (ASALH) established Negro History Week to celebrate the achievements of Black Americans and to foster a sense of collective memory for a people facing constant dehumanization. The ASALH has chosen the theme of “African

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NCRC’s Sign-on Letter About Proposed Cuts to the US Department of Housing and Urban Development

(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL February 27, 2025 Dear Chairs Womack,

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Trump’s Federal Funding Freeze Devastated Nonprofits. Was It Legal? 

President Trump ordered a funding freeze on numerous federal programs that provided financial assistance for “foreign aid, nongovernmental organizations, DEI, woke gender ideology and the Green New Deal”, according to a memo released by the Office of Management and Budget. The order immediately impacted several nonprofit and nongovernmental organizations that receive federal funding to carry

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