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Economic Development

Janet Yellen
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WASHINGTON — Some tribes are having problems with an employment-based distribution formula for the American Rescue Plan, saying that if the U.S. Department of the Treasury insists on using its current formula, a number of the poorest tribes will suffer most. 

grenade launcher
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The investment arm of the Santa Ynez Band of Chumash Indians has bolstered its defense holdings with the acquisition of Capco LLC, a Grand Junction, Colo.-based military device provider. 

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Here is a round up of business news from around Indian Country. 

TBNB logo
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Here is a round up of business news from around Indian Country. 

marijuana
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FLANDREAU, S.D. — The Flandreau Santee Sioux Tribe is uniquely poised to open the first dispensary in the state of South Dakota on July 1, the same day the state Legislature will legalize medical marijuana.  

White House negotiating
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WASHINGTON — The White House on the evening of June 29 released a list of tribal and Native American-specific components of the bipartisan infrastructure deal agreed to last week by President Joe Biden and moderate Democratic and Republican senators. 

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A new U.S. Supreme Court ruling that says Alaska Native Corporations have the right to collect a substantial portion of the funding included in the CARES Act of 2020 has caused angst among some Natives who say the decision calls into question what it means to be a sovereign tribe in America today.

Fawn Sharp
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QUINAULT INDIAN NATION, Wash. — For Fawn Sharp to conduct an interview about gaps in broadband coverage across Indian Country, she has to get in her car. 

Marty Walsh with Marlon WhiteEagle
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WASHINGTON — As billions of dollars from the American Rescue Plan stream through various federal agencies, tribes say that the U.S. Department of Labor, in particular, could be doing a better job of addressing Indian needs related to the funding and beyond.

Don Young
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Alaska Republican Congressman Don Young, the dean of the House of Representatives who has long watched over American Indian and Alaska Native issues, is getting riled up.