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Under the cover of the #COVID19 crisis, @CFPB, @FDICgov, @USOCC, @federalreserve, & @TheNCUA issued small dollar bank lending guidance that lacks the consumer protections needed to ensure loans do not trap borrowers in a cycle of debt. #StopTheDebtTrap 1/3 nclc.org/media-center/c…
The guidance doesn't warn against unaffordable interest rates & says balloon payments may be appropriate. “Balloon-payment bank payday loans just leave a hole in the next paycheck when a family’s financial situation will only be worse." @lsaundersnclc 2/3 nclc.org/media-center/c…
“This is the worst possible time for banks to make predatory payday loans. Government regulators have opened the door for banks to exploit people, rather than to help them" #StopTheDebtTrap 3/3 @civilrightsorg @NAACP @CRLONLINE @RealBankReform @ConsumerFed nclc.org/media-center/c…
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Ahmed Quraishi
@_AhmedQuraishi
#COVIDー19 crisis response is another area where the performance of Prime Minister #ImranKhan's cabinet is inadequate & late resulting in a rapid surge in #coronavirus cases+infections. His TV address was unimpressive. @ImranKhanPTI can learn from @realDonaldTrump & @NYGovCuomo.
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Mikey Kay
@MikeyKayNYC
#COVIDー19 22 March 2020|

IMPORTANT THREAD.

Part 1

There’s important data coming out of Italy on confirmed cases & deaths due to COVID. This should be treated as an Indicator & Warning by all of us. Please watch & share. (Birds chirping in the background for moral support!)
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Reliable data source:

Coronavirus.jhu.edu
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Government policy & guidance needs to rapidly turn into a proactive stance to reassure us, the public, that there is a plan. What happens when, and it will happen, we get zero confirmed no new cases?
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Belgian Smaak
@belgiansmaak
Update on #covid in Belgium after gov press conf tonight (a thread):

All residents to stay at home from 12.00 tom (Wed18 Mar) to limit the spread.

Applies until 5 April, but could be extended. Police granted extra powers for ensuring the confinement is respected.

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The move follows the shutdown of bars, cafes & restaurants last weekend.

Essential outings will still be allowed—to buy food & medicine, go to a bank, petrol station or post office, attend a medical app, help an elderly relative or go to work if job cannot be done remotely.

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B Sriramulu
@sriramulubjp
Till date 1,14,705 passengers have been screened in Karnataka.
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2. Mangalore International airport–29,069 passengers.
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Caitlin Long 🔑
@CaitlinLong_
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Bill Dedman
@BillDedman
Under President Trump, banking regulators have slowed enforcement of laws against racial discrimination in lending. A thread...
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Either redlining and lending discrimination by race have nearly disappeared, or the law enforcement has nearly disappeared.
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The new information is disclosed in a new Department of Justice report that seems to have stayed under the radar.
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