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.”
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