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New TARP Initiative Targets Small Businesses in At-Risk Communities

Last week, the Treasury Department outlined President Barack Obama’s plan to invest in community banks that lend to small businesses in the nation’s most economically challenged communities. The Community Development Financial Institution (CDFI) initiative is meant to use money recouped from the Troubled Asset Relief Program to invest lower-cost capital in community banks or CDFIs. […]

Posted inNational News

Former Congressman Blasts Obama, Immigration, and Voting at Tea Party Gathering

Former Republican congressman Tom Tancredo made controversial statements about President Obama, voting procedures, and immigration in his kickoff speech at the National Tea Party convention in Nashville, Tenn. on February 4. Among his statements, Tancredo called for the return of a poll tax, which those wishing to vote must pay. Tancredo also said potential voters […]

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S.C. Lt. Gov. Faces Backlash for ‘Stray Animals’ Comment

South Carolina Lt. Gov. Andre Bauer (R) has set off a round of controversy with his comparison of providing government assistances to individuals in Greenville, S.C., to “feeding stray animals.” According to Columbia, S.C. newspaper The State, Bauer’s remarks came during a Jan. 22 town hall meeting which included both lawmakers and residents. “My grandmother […]

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