White House Official: Direct Payments Raise Stakes for Unbanked
With more direct payments coming for many Americans in the wake of a new round of economic impact payments, the...
Policy
ABA Urges Lawmakers to Advance SAFE Banking Act
In a letter to several members of the House Financial Services Committee today, the American Bankers Association expressed support for...
House Clears PPP Extension Bill
By a vote of 415 to 13 last night, the House passed an American Bankers Association-supported bill that would extend...
Rep. Beatty: Banks Making Progress in DEI, But More Work Is Needed
Rep. Joyce Beatty (D-Ohio), chairwoman of the House Financial Services subcommittee on diversity and inclusion, said that her committee and...
Sen. Manchin Praises Bankers’ Work on PPP, Urges Bipartisan Cooperation
During the American Bankers Association’s virtual Washington Summit today, Sen. Joe Manchin (D-W.Va.) praised bankers and their work on the...
Financial Trade Groups Address Confusion Around Economic Impact Payment Date
In response to confusion about when consumers can access the latest round of economic impact payments, the American Bankers Association...
Virtual Summit Begins Today; Manchin, Richmond Added to Speaker Lineup
The American Bankers Association’s virtual Washington Summit kicks off this morning with more than 3,400 attendees—the highest number of bankers...
SBA Now Accepting Second-Draw PPP Applications from 2021 First-Draw Borrowers
The Small Business Administration is now accepting second-draw PPP loan applications from borrowers who previously submitted first-draw loan applications in...
ABA, Groups Call for Extension of PPP Application Period
As the Small Business Administration prepares to wind down the Paycheck Protection Program, the American Bankers Association and a coalition...
SBA Updates Guidance for Lenders on Revising Schedule C PPP Applications
The Small Business Administration over the weekend updated its Paycheck Protection Program FAQs and calculation guidance documents to reflect new...
