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This week’s Tribal Business News round-up examines how the record year for tribal gaming wasn’t felt evenly throughout Indian Country, as well as new legislation to improve mortgage lending to Native Americans, and details on a handful of tribal economic development ventures and new acquisitions.
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- By Native News Online Staff
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WASHINGTON — The biggest news out of the nation's capital this week was the passage of the Inflation Reduction Act (IRA) that passed both houses of Congress. It passed the U.S. Senate last Sunday and the U.S. House of Representatives on Friday. It is expecated to be sigend into law by President Joe Biden within days. Read about its impact on Indian Country here.
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- By Native News Online Staff
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During the last weekend in July, U.S. Park Police disturbed and interrupted an induction ceremony for the Association of American Indian Physicians (AAIP) in Lafayette Square, Washington D.C.
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- By Neely Bardwell
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Quebec-based MTY Food Group announced Tuesday that it is buying Minnetonka, Minn.-based BBQ Holdings Inc., the parent company of Famous Dave’s, for nearly $200 million.
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- By Darren Thompson
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The U.S. Senate on Sunday passed the Inflation Reduction Act, which aims to lower emissions contributing to climate change, bring down prescription drug prices and address inflation.
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- By Andrew Kennard
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The National Indian Gaming Commission (NIGC) today announced last year’s Gross Gaming Revenue (GGR) for Indian gaming establishments at the Oklahoma Indian Gaming Association’s Tradeshow and Conference. The Indian gaming numbers increased 40 percent to $39 billion for fiscal year 2021 — the highest ever reported by the NIGC.
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- By Darren Thompson
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Using the occasion of the International Day of the World's Indigenous Peoples, Secretary of the Interior Deb Haaland (Laguna Pueblo) announced on Tuesday, August 9, the names of the members of the Advisory Committee on Reconciliation in Place Names, a federal advisory group to help identify and recommend changes to derogatory terms still in use for places throughout the country.
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- By Native News Online Staff
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The two candidates running for Navajo Nation president announced their running mates on Monday, according to two reports in the Navajo Times.
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The U.S. Department of Housing and Urban Development (HUD) today announced $221 million in funding for affordable housing and community development projects that primarily benefit low-to-moderate income individuals in American Indian and Alaska Native communities.
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- By Native News Online Staff