Finance
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- By Tribal Business News Staff
- Finance
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Talking with Robert J. Miller is a reminder of how much of American economic history has been misremembered — or deliberately forgotten. The attorney, author and law professor, who is a citizen of the Eastern Shawnee Tribe, joined the first episode of Difference Makers 3.0 to help set the foundation for the season: Native communities did not begin on the margins of the economy. They were building, trading, governing and sustaining complex economies long before modern banks or federal policy existed.
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- By Brian Edwards
- Finance
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Tribal governments face higher costs than state and local governments when issuing bonds in public markets, according to new research from the Center for Indian Country Development at the Federal Reserve Bank of Minneapolis — a structural gap that can shape how tribes finance infrastructure and enterprise development projects.
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- By Tribal Business News Staff
- Finance
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Tallsalt Advisors has formed a majority Native-owned joint venture with Derivative Logic to provide independent interest rate hedging advisory services for tribal governments, tribal enterprises, nonprofits and institutions, the firms announced.
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- By Tribal Business News Staff
- Finance
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Difference Makers 3.0, a podcast partnership between Tribal Business News and the Native CDFI Network, will launch its new season Thursday, Feb. 12, expanding the series’ focus from small business lending into a broader examination of Native finance, policy, and impact.
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- By Brian Edwards
- Finance
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Senate Finance Committee ranking member Ron Wyden (D-Ore.) urged the Securities and Exchange Commission to consider delisting White River Energy Corp., accusing the company of repeatedly violating federal securities laws while concealing a federal criminal investigation tied to the sale of nonexistent “tribal tax credits.”
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- By Brian Edwards
- Finance
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Jamul Indian Village Development Corporation has refinanced $425 million of senior secured debt tied to the Jamul Indian Village’s gaming and resort operations in San Diego County, according to transaction details released by the lead arranger.
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- By Brian Edwards
- Finance
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Turning Stone Resort Casino, LLC, a governmental instrumentality of the Oneida Indian Nation, has closed a $440 million senior secured revolving credit facility that will refinance existing debt and provide flexible capital to support a $370 million expansion of its flagship resort in Central New York.
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- By Brian Edwards
- Finance
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The Community Development Financial Institutions Fund on Dec. 23 awarded $10 billion in New Markets Tax Credits to 142 organizations for 2024-2025, including nine organizations that committed to investing in Native areas.
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- By Brian Edwards
- Finance
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Impact investor Mission Driven Finance has closed $1.2 million in financing connected to New Mexico, with loans to four businesses, including a Native woman-owned construction company based in Pueblo de San Ildefonso.
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- By Tribal Business News Staff
- Finance
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Native American Bank and Park State Bank & Trust are providing $6.9 million in joint financing for Tava House Properties' restaurant and event center in Woodland Park, Colorado.