CFPB Withdraws Proposal to Survey Consumers on Debt Collection

The Small Business Administration has released a form that smaller financial institutions – those with less than $30 billion in assets – can use to demonstrate compliance with a recent order directing lenders to identify past “debanking” actions.

ABA announced that James “Dan” Rollins III has been named chair of ABA’s American Bankers Council for the 2025–2026 membership year. Rollins is chairman and CEO of Cadence Bank.

Federal banking agencies reissued previously provided guidance on flood insurance requirements during a lapse in the National Flood Insurance Program. The announcements contain no changes from the guidance issued during prior government shutdowns.

The plaintiffs and Federal Reserve filed a joint motion asking a federal court to once again extend a pause in litigation challenging the Fed’s stress testing framework.

The U.S. Supreme Court will wait until next year before considering an appeal by the Trump administration to overturn a lower court order barring the president from removing Governor Lisa Cook from the Federal Reserve board.

U.S. manufacturing activity contracted in September for the seventh consecutive month, the Institute for Supply Management said.