Post-Pandemic Mortgage Market Plummets in Chicagoland, Hitting Black and Latine HomebuyersJuly 2, 2025For Immediate Release: July 2, 2025 Contact: Robert Mayo | hello@woodstockisnt.org As interest rates continue to…More
The Barrage of Bad News for Consumers Continues: The Consumer Financial Protection Bureau Announces That It Won’t Enforce Its Own Rules Aimed at Detecting and Stopping Discrimination Against Women-, Minority- and LGBTQI+- Owned Small BusinessesMay 15, 2025For Immediate Release: May 15, 2025 Contact: Robert Mayo | hello@woodstockinst.org **Media Interviews Available Upon Request**…More
Woodstock Institute Condemns Critical Safeguards Removed for ‘Buy Now, Pay Later’ Users Amid Economic UncertaintyMay 14, 2025For Immediate Release: May 14, 2025 Contact: Robert Mayo | hello@woodstockinst.org CHICAGO – In response to…More
Statement: Regulatory approval clears way for Capital One $265 billion community benefits planApril 22, 2025For Immediate Release: April 21, 2025 Contact: Robert Mayo | hello@woodstockinst.org Federal regulators’ approval of Capital…More
Woodstock Institute Condemns Federal Judge’s Decision to Strike Down CFPB’s Cap on Credit Card FeesApril 18, 2025For Immediate Release: April 18, 2025 Contact: Robert Mayo | hello@woodstockinst.org **Media Interviews Available Upon Request**…More
Statement: Trump Administration taps Jonathan Gould for Comptroller of the CurrencyFebruary 12, 2025Comptroller Hood brings extensive experience in community reinvestment to the Office of the Comptroller of the…More
Trump Administration shuts down enforcement of financial protections for Illinois families, small businessesFebruary 10, 2025On orders from Project 2025 author, almost all work at agency created to protect Americans from…More
Statement: Rodney E. Hood appointed as Acting Comptroller of the CurrencyFebruary 10, 2025Comptroller Hood brings extensive experience in community reinvestment to the Office of the Comptroller of the…More
Illinois Appellate Court Upholds Another Evasion of State Interest Rate CapFebruary 5, 2025The decision favors a Utah lender that made a 482% loan to an Illinois resident despite…More
New Poll Shows Overwhelming Illinois Voter Support of the Predatory Loan Prevention ActFebruary 3, 202588% of Illinois voters support consumer loan rate cap of 36% APR or lower; Support even…More
Illinois Braces for Consumer Financial Protection Bureau ShakeupFebruary 3, 2025Advocates and lawmakers push state-level CFPB should the federal CFPB retract enforcement of consumer protection laws …More
Predatory Lending Strikes Again in IllinoisOctober 24, 2024For Immediate Release: October 24, 2024 Contact: Robert Mayo hello@woodstockinst.org Predatory Lending Strikes Again in…More
Statement: Capital One announces record-breaking $265 billion Community Benefits Plan as part of Discover acquisitionJuly 17, 2024Plan includes specific commitments for Illinois to preserve and create jobs *Interviews available upon request* …More
Statement: Spread of Misinformation on The Small Business Financing Transparency ActMay 23, 2024For Immediate Release: May 23, 2024 Contact:hello@woodstockinst.org | (312) 368-0310 x 2024 …More
Bill that Requires Lenders to Disclose Interest Rates to Small Businesses Blocked in House CommitteeMay 20, 2024For Second Year in a Row, Bill Doesn’t Get a Vote in House Committee …More
Statement: Supreme Court Ruling Delivers Major Victory to ConsumersMay 16, 2024A negative decision would have significantly undermined the CFPB’s power to protect households from exploitative financial…More
Statement: Illinois Senate Passes Bill to Protect Small BusinessesMay 2, 2024Legislation addresses uphill battle that Black and Brown and low-income communities face when it comes to…More
After Intense Legislative Battle, Illinois General Assembly Passes Re-Write of State Pawnbroker LawMarch 7, 2024HB 779 re-codifies 240%+ interest but adopts new consumer protections For Immediate Release:March 7, 2024…More