State Bankers Associations Call On Congress to Extend Troubled Debt Restructuring Provisions
In a letter to House Financial Services and Senate Banking Committee leaders today, ABA and 51 state bankers associations called ...
Tag: Pandemic
GOP Lawmakers Push for Extension of Troubled Debt Restructuring Provisions
A group of 35 Republican members of Congress sent a letter to congressional leadership on Friday calling for the extension ...
FSOC: Financial Stability Risks ‘Elevated’ as Pandemic Continues
Rising corporate debt, vulnerabilities in short-term wholesale funding markets and commercial real estate were among several risks flagged by the ...
Deloitte: Banks Should Brace for Losses, Think ‘Boldly’ About Future
With COVID-19 continuing to have a widespread effect on the economy, banks could see steep losses in the years ahead—but ...
ABA, GBA Release New Ad Thanking Sen. Perdue For CARES Act, PPP Support
ABA and the Georgia Bankers Association today released a new voter education ad thanking Sen. David Perdue (R-Ga.) for supporting ...
Powell, Mnuchin: Additional COVID-19 Fiscal Support Needed
In a Senate Banking Committee hearing on the coronavirus response today, Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven ...
Fed to Extend Some Lending Facilities Through March
The Federal Reserve today announced that it would extend several lending facilities that were set to expire on or around ...
Federal Judge Denies Request to Postpone Release of PPP, EIDL Borrower Data
A federal judge denied a request from the Small Business Administration today to postpone the release of borrower information for ...
ABA Welcomes Temporary Auditing, Reporting Relief from FDIC
In a comment letter to the FDIC today, ABA welcomed a recent interim final rule granting temporary relief for certain ...
Fed Provides Temporary Relief to Community Banks With Pandemic-Inflated Assets
The federal banking agencies today issued an interim final rule to ease the regulatory burden of community banks that have ...
