SBA reinstates stronger underwriting requirements for 7(a) loans
The Small Business Administration has reinstated stronger underwriting requirements for 7(a) loans through the issuance of a Standard Operating Procedure...
Policy
Fed, FDIC withdraw statements on managing risks for crypto
The Federal Reserve and FDIC rescinded two joint statements issued under the Biden administration on the risk management obligations of...
FDIC changes contractor used to market failing banks
The FDIC announced it is changing the virtual data room contractor used to market failing financial institutions. The agency will...
What the FDIC can learn from the NFL’s independent review process
When banks appeal a supervisory determination at the FDIC, they do not get an independent review. Instead, they appeal to...
Durbin announces retirement from Senate
Sen. Dick Durbin (D-Ill.) will not seek re-election in 2026. He was the chief architect of the Durbin Amendment and...
Survey: Community bankers remain optimistic but concerned about tariff effects
Community bankers maintain an overall positive outlook on the economy but worry that future business conditions are fading, according to...
Report: Automated web traffic growing cybersecurity issue for financial institutions
More than half of web traffic is now automated with financial institutions a top target for malicious bots, according to...
ABA supports FCC’s proposed call authentication requirement for non-IP networks
ABA urged the FCC to vote to issue a proposal that would impose a new call authentication requirement designed to...
Fed proposes first changes for large bank stress tests
The Federal Reserve is proposing to change how it conducts stress tests for large banks to reduce the volatility of...
House Democrats ask Treasury to exempt CDFI Fund from cuts
House Democrats are urging Treasury Secretary Scott Bessent to exempt the CDFI Fund from a recent executive order directing it...
