Senate Testimony: Concentration is at the Root of Rural Distress

Date: 27 Apr 2021 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

The Senate Committee on Banking, Housing, and Urban Affairs invited Co-Director Stacy Mitchell to testify at its April 20th hearing on the state of the rural economy. Stacy spoke on why rural America is in crisis and attributed the widening gap between struggling rural towns and coastal supercities to the concentration of corporate and financial power.… Read More

Report: Fewer Small Businesses are Receiving Federal Relief Loans in States Dominated by Big Banks

Date: 29 Apr 2020 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

A significantly larger number of federal relief loans are reaching small businesses in states where small, local banks comprise a greater share of the market, compared to states where big banks are more dominant, an ILSR analysis has found. … Read More

1 2 3 4 9