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Banking | Tracy Basinger on Shifting the Regulator Mindset to Encourage Inclusive Innovation

May 10, 2021 In episode eight of Financial Inclusion & Beyond, we spoke with Tracy Basinger, the recently retired head of supervision here at the San Francisco Fed. Tracy has spent her career focused on the impact of financial services on everyday citizens. From leading consumer protection here at the San Francisco Fed to overseeing a nationwide team considering policy solutions for small businesses suffering during the COVID-19 crisis, Tracy has thought long and hard about the role of public policy, regulation, and technology in promoting a more inclusive financial system. We get into examples of financial innovations that are promoting inclusion and the challenges for

Biden announces changes to Defense Production Act, ensuring funds go to direct Covid-19 response

Biden announces changes to Defense Production Act, ensuring funds go to direct Covid-19 response Ben Kesslen © Provided by NBC News The Biden Administration announced changes to the Defense Production Act Loan Program on Friday to ensure that funds can only be used for direct Covid-19 response and medical-related supply chain projects. The move, the administration said, will streamline the use of the program that allows the federal government to compel manufacturing production for national defense, and make sure crucial funds needed to beat Covid-19 go directly towards the fight against the disease that has claimed more than 580,000 lives in the U.S.

Grand Forks, lagging in executive jobs, looks to grow them at home

Grand Forks, lagging in executive jobs, looks to grow them at home There are about 270 “management of companies and enterprises” jobs in Grand Forks and Polk counties. If the Grand Forks metro area matched the national average concentration for those positions, that figure would be nearly three times higher, at 875.  Written By: Sam Easter | × A water tower in Grand Forks smiles at passersby. (Grand Forks Herald) Grand Forks is well behind national averages in executive-level jobs the kind of positions that lead businesses large and small. For a community nestled in prairie country, that might sound about right. But more surprising is how important that statistic could be for Grand Forks’ future. If a healthy economy is a forest, experts say, drawing those positions is something like planting seeds. Figuring out how to plant more of those seeds could be vital for the community.

Ontario backs $21 4M for PEC s 11 water, waste projects

Author of the article: Derek Baldwin Publishing date: May 07, 2021  •  19 hours ago  •  1 minute read  •  Article content Eleven water and wastewater projects in Prince Edward County will be financed in part by the Ontario government with a massive loan to the municipality. Ontario announced Friday is will provide $21.4 million in long-term financing to the municipality to back the infrastructure needed in future. We apologize, but this video has failed to load. Try refreshing your browser. Ontario backs $21.4M for PEC s 11 water, waste projects Back to video “The Ontario continues to support its municipalities and other community partners through Infrastructure Ontario’s (IO’s) Loan Program by providing affordable, long-term financing for infrastructure development and renewal. The loan program is just one way Ontario is working with local partners to improve the quality of life in communities across the province,” the province said.

Four Bills From the Colorado Comeback Stimulus Package Advance Through the Legislative Process

Four Bills From the Colorado Comeback Stimulus Package Advance Through the Legislative Process Bills to provide aid for farmers & ranchers, small businesses, and rural communities all pass through committees, bill to invest in clean energy finance moves to the House DENVER, CO - Today, Senate Democrats advanced several stimulus bills through committees as well as the Senate floor. Bills include: , sponsored by Senators Hansen & Winter. As Colorado works to transition our energy sector and meet our greenhouse gas reduction goals, there are many opportunities to invest in clean energy projects and help accelerate this transition. This bill allocates $40 million to the Colorado Energy Office for several clean energy finance initiatives. The majority of these funds will be directed to the Colorado Clean Energy Fund, which acts as Colorado’s “Green Bank” with the purpose of financing clean energy projects and bridging gaps between clean energy projects and private capital pro

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