FHFA to Allow GSEs to Retain Earnings to Build Capital
As part of the ongoing effort to remove Fannie Mae and Freddie Mac from government conservatorship, FHFA and the Treasury...
Policy
OCC Finalizes Controversial ‘Fair Access’ Proposal
The OCC today finalized a controversial proposal stating that banks should provide access to services, capital and credit based on...
Podcast: The Year Ahead in Banker Advocacy
On the latest episode of the ABA Banking Journal Podcast, ABA Government Relations Council Chair Jim Rieniets outlines policy areas...
SBA to Open PPP Portal to Lenders with Less than $1B in Assets on Friday
The Small Business Administration will open the Paycheck Protection Program portal on Friday to lenders with $1 billion or less...
ABA, NCRC: Fintech Firms with Bank Charters Should Be Subject to CRA
In an American banker op-ed today, ABA President and CEO Rob Nichols and National Community Reinvestment Coalition CEO Jesse Van...
ABA Offers Feedback on MSRB’s Strategic Goals
In response to a request from the Municipal Securities Rulemaking Board seeking industry input on its strategic goals, the American...
IRS Changes Course Again on EIPs; Will Reissue Misdirected Payments
The Internal Revenue Service today announced that—in a reversal of previous guidance—it will reissue payments for taxpayers who did not...
PPP to Reopen Monday for CDFIs, MDIs
The Small Business Administration announced today that the Paycheck Protection Program will officially reopen on Monday, Jan. 11, only to...
IRS Changes Course on EIP Processing Error Resolution
The IRS today issued additional instructions in an attempt to remedy the processing error that led to millions of economic...
SBA Releases Details, Rules for PPP Relaunch
Community financial institutions will be able to submit loan applications for the Small Business Administration’s Paycheck Protection Program for at...
