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Dear Friends,
Last week, Appleseed Centers in Texas, Nebraska, and New Jersey submitted a joint comment letter to the US Comptroller of the Currency to speak out against a recently proposed rule. As the letter documents, the proposed rule would allow predatory lenders to escape rate cap laws, as well as liability for violations of federal and state consumer protection laws, by participating in “rent-a-bank” schemes. Borrowers can get trapped in these predatory loans, often paying extremely high interest rates and taking on more and more loans to extend the interest payments. Please click here to read the letter from Texas, Nebraska, and New Jersey Appleseed, which was prepared with the pro bono assistance of Fish & Richardson P.C. Sincerely, Sarah Pacilio Appleseed Network Manager As we come to a close on Appleseed’s 25th anniversary year, we look back at achievements and accomplishments from around the Network. In this issue of our newsletter, you can find updates about our 25th Anniversary celebration, our Seeds of Learning event in September 2019, a spotlight on the work of Alabama Appleseed, and much more.
We look forward to another 25 (plus) years of developing sustainable solutions to social justice issues. We rely on our supporters to be able to continue our work - we urge you to consider becoming a donor and help us achieve our goals of making society more just and equitable for all. Find the full newsletter below: On Tuesday, September 17, Appleseed hosted the fourth installment in our “Seeds of Learning” event series at Teddy & the Bully Bar in downtown DC. We were excited to welcome Meg Wiehe, Deputy Director of the Institute on Taxation and Economic Policy (ITEP) to discuss the organization’s recent report, “The Illusion of Race-Neutral Tax Policy.” The report highlights how tax policy is both a symptom and an instrument of systemic racism.
On June 28th, 2019, the Appleseed Foundation, and multiple Appleseed centers (Connecticut Appleseed, Kansas Appleseed, Nebraska Appleseed, New Jersey Appleseed Public Interest Law Center, South Carolina Appleseed Legal Justice Center, and Texas Appleseed) submitted a Comment Letter to the CFPB on remittance regulations. Below is the text of Appleseed’s formal comments.
Appleseed recently submitted formal comments to the CFPB on the Consumer Financial Protection Bureau’s (Bureau) complaint process. For further information, please contact Annette LoVoi, Appleseed’s Director of Financial Access and Asset Building.
Appleseed recently signed on to a letter containing formal comments to the CFPB on the remittances rule. For further information, please contact Annette LoVoi, Appleseed’s Director of Financial Access and Asset Building.
Below is the text of Appleseed’s formal comments to the CFPB on the rulemaking process. For further information, please contact Annette LoVoi, Appleseed’s Director of Financial Access and Asset Building.
Below is the text of Appleseed’s formal comments to the CFPB supporting the public complaint process. For further information, please contact Annette LoVoi, Appleseed’s Director of Financial Access and Asset Building.
Below is the text of Appleseed’s formal comments to the CFPB “enthusiastically” supporting the External Engagement program as critical component of pro-active support of consumer protection. For further information, please contact Annette LoVoi, Appleseed’s Director of Financial Access and Asset Building.
–As submitted to the CFPB–
May 21, 2018 Monica Jackson Office of the Executive Secretary Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Re: Request for Information (“RFI”) Regarding the Bureau’s Supervision Program (Docket No. CFPB-2018-004) |
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