- By Native News Online Staff
Published November 8, 2017
NAFSA supports tribal lender’s motion to dismiss in Golden Valley Lending, et. Al. v. CFPB
KANSAS CITY - On October 31, The Native American Financial Services Association (NAFSA) submitted an Amicus Curiae brief to the U.S. District Court for the District of Kansas in support of four tribal lending entities’ (TLEs) motion to dismiss charges brought by the Consumer Financial Protection Bureau (CFPB). The TLEs are owned and operated by the Habematolel Pomo of Upper Lake Indian Tribe, based in California. Though the Upper Lake tribe is not a member of NAFSA, the CFPB’s actions against the tribe and its TLEs could have serious ramifications for all tribal lending entities. Dismissing the case would send a strong message that the CFPB cannot ignore tribal sovereignty in the pursuit of regulatory action.
“The Upper Lake Tribe’s case against the Consumer Financial Protection Bureau is important for everyone and every organization that cares about tribal sovereignty and economic self-determination,” said NAFSA Executive Director Gary Davis. “NAFSA is proud to support the Habematolel Pomo of Upper Lake and its TLEs as they seek to ensure the rule of law still applies to Indian Country, and all tribes are able to pursue economic development strategies that will benefit their members and communities.”
Since you're here...
We believe everyone in Indian Country deserves equal access to news and commentary pertaining to them, their relatives and their communities. That's why the story you’ve just finished was free — and we want to keep it that way, for all readers. But we hope it inspires you to make a gift of $5 or more to Native News Online so that we can continue publishing more stories that make a difference to Native people, whether they live on or off the reservation. Your donation will help us keep producing quality journalism and elevating Indigenous voices. Any contribution of any amount — big or small — gives us a better, stronger future and allows us to remain a force for change. Donate to Native News Online today and support independent Indigenous journalism. Thank you.