Asian-American community leader Christopher Kui named; mayor’s seat remains unfilled
Responsible Banking Act
Mayor and Council Speaker mum on monitors for financial institutions holding city deposits
Today, the City Council is expected to pass the Responsible Banking Act, which would require banks to report to a new board within the New York City Department of Finance about how they are meeting the credit needs of the city’s lower-income neighborhoods. The city would then be required to consider the information when deciding […]