These City Programs Are Giving Minority and Women-Owned Businesses Access to Capital
Entrepreneurs in Minneapolis, Atlanta, and New York now have an opportunity to earn funding as these cities make efforts to close funding gaps for minorities and women-owned businesses.
Treasury Watchdog to Investigate Trump Opportunity Zone Program
The Treasury Department’s internal watchdog is planning to investigate the “opportunity zones” program after three Democratic lawmakers called for a closer look at the initiative, after news reports indicated that friends of the administration were benefiting from the program.
Source: The Hill
OCC’s Otting Says Rewrite of Anti-Redlining Law Going Ahead — With or Without Fed
Comptroller of the Currency Joseph Otting said that he doesn’t see a compromise with the Federal Reserve on the Community Reinvestment Act before the OCC and the FDIC release their joint final rule, despite a key Fed official’s call for an interagency process.
Source: Morning Consult
Shopify Launches Starter Loans For U.S. Merchants As Small As $200
Shopify Capital loans are available to merchants who use Shopify Payments. With an initial loan of $200 dollars, Shopify says eligible merchants can use the money to build their brand, add inventory, or experiment with marketing to grow their business.