Category: economics

Largest US Credit Union Scrutinized Over Significant Gaps Between Approval Rates for White and Black Borrowers

Navy Federal Credit Union, the largest credit union in the United States, is under fire for exhibiting the most substantial racial disparities in mortgage approval rates among major lenders. The disparities, reaching new heights in 2022, underscored a pronounced contrast in approval rates for white and Black borrowers.

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Understanding the Nation’s Ticking Fiscal Time Clock: Federal Funding to Expire by Mid-November 

“The vast majority of Americans want to avoid a shutdown. The faction who does not want any compromise may represent a small proportion of the public, but they hold outsized influence in the U.S. Capitol,” said Patrick Murray, director of the independent Monmouth University Polling Institute. 

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