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Charlene Crowell
New CFPB Director Rohit Chopra pledges to protect Americans from financial fraud
October 14, 2021
Credit reporting, student loan debt and payday loans among chief consumer concerns ... read more »
COVID’s effects worsen America’s racial wealth gap: Blacks own 22 cents for every dollar held by whites Closing gaps would create 1.7 million jobs, add $300-450 billion to the economy
September 30, 2021
As the global pandemic continues to take lives and infect multiple generations, virtually every dimension of life is challenged. And people with the fewest financial resources before COVID-19 are being challenged more than ever before.   It is both a challenge and an opportunity for leadership in the Biden Administration, Congress, the Federal Housing Finance Agency, the Department of Housing and Urban Development, along with the private sector address to effect policies and practices that reverse the nation’s still-growing racial wealth gap. Tried and true wealth-building tools like targeted homeownership and expanded small business investments together would bring sustainable and meaningful changes to those who historically have been financially marginalized.  ... read more »
Despite CDC Short-Term Rental Eviction Reprieve, No Permanent Solution Found
August 12, 2021
A month later in March, Ms. Chism again lost her job. Her legal aid attorney tried to negotiate repayments with the landlord over several weeks, including an updated proposal with higher numbers when another month’s rent was due. ... read more »
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President Biden Signs Bipartisan Bill to Curb Predatory Lending
July 8, 2021
In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guard rails in the marketplace. ... read more »
Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth
June 17, 2021
Although many officials have called for a ‘return to normal’, millions of small businesses and communities need something new instead. In Black America especially, the ‘old normal’ never delivered equitable access to wealth-building opportunities as those that well-served served much of White America. Instead, a lengthy history of public policies designed to create and sustain a burgeoning middle class systemically excluded Blacks and other people of color. ... read more »
2021Fair Housing: Restoring HUD Rules and Revenues Nearly $9 billion boost in discretionary funds to support CDBG, homelessness
April 29, 2021
Although the month of April is annually observed as Fair Housing Month, the reality for Black America and other people of color is that housing has not significantly changed since the 1968 federal enactment of the Fair Housing Act. ... read more »
A year of COVID-19 brought record consumer debt and collection complaints 
April 15, 2021
After more than a year of COVID-19, the nation’s collective ability to cope with dual public health and economic crises has diminished many consumers’ ability to remain financially stable. While this February’s national employment report by the Bureau of Labor Statistics showed a net gain of 379,000 jobs and white unemployment dropped to 5.6%, there was no corresponding improvement for Black and Latino workers. Instead, unemployment was respectively higher at 9.9% and 8.5%.    ... read more »
Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth
April 8, 2021
Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 Americans lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs - more losses than even those of the Great Recession, finds the University of New Hampshire’s Carsey School of Public Policy.    ... read more »
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Momentum builds in State Capitols and in DC to rein in predatory payday lending
March 18, 2021
At the federal level, lawmakers are expected to re-introduce a payday lending bill that would give both consumers and military veterans the same 36% rate protection as the Military Lending Act (MLA). Named the Veterans and Consumers Fair Credit Act, the measure is hoped to secure the same broad and bipartisan support that MLA received.   ... read more »
As Key PPP Changes Begin, Advocates Demand Equitable Solutions   
March 10, 2021
Over the past year, COVID-19 and its variants have plagued the globe taking lives and interrupting normal activities in virtually all areas of life. For Black America, already plagued with steep health, income and wealth disparities, coping with the pandemic has been even more painful.   ... read more »
President Biden’s Racial Equity Initiative: Moving Marginalized Communities Toward America’s Bounty
February 11, 2021
On January 26, President Joe Biden took steps to bring the nation towards the long-promised, but never realized, pledge of racial justice. Four executive orders signed that day make clear that the new Administration will take meaningful and corrective actions. ... read more »
$900 Billion Federal Stimulus: What’s In it, What’s Not, What Remains
January 21, 2021
Although a New Year has begun, many American consumers and small businesses continue to feel a financial hangover from the challenges of 2020. As the global pandemic reveals a still-soaring American infection rate, the nation has also surpassed 350,000 related deaths, added more workers to the ranks of unemployed, and growing debts place millions more in financial crisis.   ... read more »
Biden Nominations Broaden Black Women’s Leadership Roles: 1st Black Woman to Chair Council of Economic Advisers, 2nd in 40 Years to Head HUD
January 7, 2021
The selection of California Senator Kamala Harris to join and then win the nation’s Vice-Presidency gave unprecedented hope to Black women across the nation. Not only had a woman broken a glass ceiling in professional development; she was also Black and a graduate of Howard University, one of the nation’s premier Historically Black Institutions. ... read more »
Biden’s First 100-Day Challenge: Transitioning to a More Inclusive Economy
December 3, 2020
The tumultuous 2020 presidential election triggered a record number of participating voters. Never before had so many people cast their preferences. And similarly, together substantiated how divided the nation is.  ... read more »
COVID-19 Worsens Debt Collector Harassment
November 12, 2020
As the final days of the 2020 election season drew to a close, major media across the nation focused on polls and prospects for the presidential candidates. At the same time, scant news coverage reported on a development affecting 68 million consumers: debt collection regulation.  ... read more »
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