A group of three Democratic lawmakers — Reps. Gregory Meeks (D-N.Y.), Joyce Beatty (D-Ohio) and Dwight Evans (D-Pa.) — yesterday introduced H.R. 3741, a bill that would codify and enhance the Minority Bank Deposit Program, which encourages minority- and women-owned banks and credit unions serving low-income communities to become depositaries and financial agents. The program was created by the Treasury Department in 1969 to help facilitate access to reliable and stable funding sources for these institutions to better serve their local communities.
ABA to livestream portions of annual convention general sessions
The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline the association’s priorities for the year ahead and look ahead to the midterm election
