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Finance

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Haliwa Saponi tribal citizen Fatima Abbas has been named the first director of the U.S. Treasury’s recently created Office of Tribal and Native Affairs, according to a Treasury announcement last week.

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An Alaskan Native Corporation has joined forces with an Anchorage-based investment firm to raise a $250 million private equity fund.

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The CEO of a 100-percent tribally owned insurance company is back after a one-year leave of absence to serve as appointed spiritual leader for the Pueblo of Acoma.

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Raven Indigenous Capital Partners has raised $75 million (U.S.) to support early- and growth-stage companies led by Indigenous entrepreneurs in Canada and the U.S.  

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For many Native entrepreneurs, there’s often a cliff in their future — and that’s if they’re successful.  

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PHOENIX — Native financial executive Hattie Mitchell has been appointed to a two-year term on the Government Accounting Standard Advisory Council (GASAC).

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The Native CDFI Network, a national advocacy and policy organization, is launching a new weekly online series about creating economic opportunities for Native communities. 

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Earlier this month, the Wells Fargo Foundation launched a $20 million grant initiative to help increase economic opportunities in Native American communities in six states. Dubbed “Invest Native” by the financial giant, the funding will be dispersed to Native-led organizations in Arizona, Montana, New Mexico, North Dakota, South Dakota, and Wyoming.

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WASHINGTON — The Supreme Court of the United States on Friday announced it would hear another tribal sovereignty case this term, agreeing to review a case involving a Native American tribe and the U.S. bankruptcy code. 

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A federal judge in New York last week entered a final judgment of $10.2 million against a California financier involved in a bond scheme that exploited one of the country’s poorest tribes.