ABA Data Bank: Banks Improve Wait Times, Application Process for Small Businesses
Read more about the 2018 Small Business Credit Survey.
Browsing: Newsbytes
Agencies Seek Comment on Changes to Supplementary Leverage Ratio
The Federal Reserve, FDIC and OCC are seeking comments on a joint proposal making changes to the supplementary leverage ratio calculation under the regulatory capital rule.
IRS Issues Second Round of Proposed Regulations on Opportunity Zones
The Internal Revenue Service today issued a highly anticipated package of proposed regulations on the Opportunity Zone tax incentive.
Industrial Production Edged Down 0.1 percent in March
Industrial production increased 0.1 percent in March after edging up 0.1 percent in February; for…
CFPB’s Kraninger Signals Next Steps on Clarifying ‘Abusive’ Standard in UDAAP
The Consumer Financial Protection Bureau will take the next step in its effort to clarify the meaning of “abusive acts or practices” under Section 1031 of the Dodd-Frank Act, CFPB Director Kathy Kraninger said today in her first public remarks.
Survey: Small Business Financing Demand Picks Up; Success Rates Hold Steady
Small businesses’ profitability and their success applying for financing held steady from 2017 to 2018, according to the latest Small Business Credit Survey—a joint effort by the 12 regional Federal Reserve Banks—released today.
FDIC Proposes Tailoring ‘Living Will’ Requirements for Large Banks
The FDIC today sought public feedback on potential changes to its resolution planning framework for financial companies’ bank subsidiaries with over $50 billion in assets.
Otting: OCC Sees Fewer MRAs Issued for AML Concerns
Comptroller of the Currency Joseph Otting today expressed his positive view of banks’ efforts to comply with anti-money laundering regulations.
New FHFA Director Warns of Vulnerability in Housing Finance System
In his first remarks as director of the Federal Housing Finance Agency, Mark Calabria today cautioned that “the foundations of our mortgage finance system remain vulnerable,” and highlighted the need for housing finance reform.
Producer Prices Rise 0.6 percent in March
Producer prices rose 0.6 percent in March, seasonally adjusted, after rising 0.1 percent in February,…