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.
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
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 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.