Category: Financial Markets

NAACP Sues Trump Administration Over Dismantling of Consumer Financial Protection Bureau

The NAACP has filed a lawsuit in the U.S. District Court for the District of Columbia challenging the legality of the Trump administration’s decision to dismantle the Consumer Financial Protection Bureau (CFPB). The civil rights organization argues that the move undermines protections for Black, elderly, and vulnerable consumers, leaving them exposed to financial exploitation.

Read More

Elon Musk and the Department of Treasury: What Does This Mean for Your Tax Refunds?

In recent weeks, rumors about Elon Musk’s potential involvement with the U.S. Department of Treasury have sparked widespread discussion and concern. As a polarizing figure in the tech and business world, Musk’s name often evokes strong reactions—both positive and negative. While it’s important to note that Musk has not officially taken over the Treasury Department, the speculation raises important questions about what his influence could mean for everyday Americans, particularly those awaiting their tax refunds. Let’s examine the situation objectively.

Read More

Professor Tonya M. Evans on Cryptocurrency, Black Wealth, and the High Stakes of Trump’s Agenda 47 and Project 2025

In a recent appearance on Let It Be Known News, Professor Tonya M. Evans—an expert in fintech law at Penn State Dickinson Law and a prominent figure in digital asset strategy—discussed the evolving landscape of cryptocurrency, particularly its impact on Black America. As an advisor on fintech policy through her company Advantage Evans, LLC, and a board member of Digital Currency Group, Evans is deeply invested in guiding Black investors through the complex world of cryptocurrency.

Read More

Congresswoman Maxine Waters and City Treasurer Wanda Brown Endorse Taylor Bryant for Inglewood City Treasurer

Taylor Bryant is poised to become the next City Treasurer for the City of Inglewood, and she’s already earned the endorsement of two prominent figures: Congresswoman Maxine Waters and City Treasurer Wanda Brown. Bryant is a lifelong Inglewood resident, having spent almost all of her 32 years in the city she hopes to serve. Her educational background includes a degree from City Honors High School, graduating with honors from UCLA, and completing her law degree at Loyola Law School. This extensive education has equipped her with a strong foundation in law, finance, and public service.

Read More

TD Bank Pleads Guilty to Bank Secrecy Act Violations and Money Laundering, Agrees to $1.8 Billion Penalty

TD Bank N.A. (TDBNA) and its parent company, TD Bank US Holding Company (TDBUSH), pleaded guilty to Bank Secrecy Act (BSA) violations and money laundering charges, agreeing to pay over $1.8 billion in penalties. The plea resolves a Justice Department investigation into the bank’s failure to comply with anti-money laundering (AML) requirements, including lapses in filing accurate Currency Transaction Reports (CTRs).

Read More
Loading

Looking for older content? Click Here to see more.