Fed: Banks Continue to Have ‘Strong Capital Levels’ in 2021 Stress Test
Large banks continued to maintain strong capital levels under a hypothetical severe global recession and substantial stress in commercial real ...
Tag: Coronavirus
Bowman: Community Banks ‘Irreplaceable’ in Meeting Small Business PPP Needs
Community banks are irreplaceable in responding to the needs of small business clients and in helping them access the multiple ...
Powell: Recent Rise in Inflation Is ‘Transitory’
Testifying before a House hearing today, Federal Reserve Chairman Jerome Powell said that a recent rise in inflation is transitory ...
FDIC: Banks Continued Residential Mortgage Lending amid Economic Uncertainty
Amid ongoing pandemic-related economic uncertainties, the nation’s banks maintained the flow of credit by continuing to make residential mortgage loans, ...
Fed: Economic Risks Remain Even as Vaccinations Reduce Effects of Pandemic
Risks to the economic outlook remain even as progress on vaccinations will likely continue to reduce the effects of the ...
Treasury Awards $1.25 Billion in COVID-19 Relief Grants to CDFIs
The Treasury Department today awarded $1.25 billion in COVID-19 relief grants to 863 community development financial institutions through its CDFI ...
OSHA Updates COVID Guidance for Non-Healthcare Industries
The Occupational Safety and Health Administration on Friday updated its guidance on mitigating and preventing the spread of COVID-19 in ...
Advance to Go
Bankers helped small businesses bridge through to the economic recovery. Now they’re looking at how to help those that may ...
IRS: Families Eligible for Expanded Child Tax Credit Should File Returns Soon
The Internal Revenue Service today urged all individuals and families who have not yet filed their 2019 or 2020 tax ...
Quarles: COVID-19 Proved Forward-Looking Capital Framework ‘Works Effectively’
Given the strong performance of banks throughout the COVID-19 pandemic and resulting economic downturn, regulators should not need to employ ...
