As the Consumer Financial Protection Bureau prepares to implement Section 1071 of the Dodd-Frank Act -- which calls for the bureau to collect data on women-owned, minority-owned and small businesses -- ABA expressed concern today that the data collection will prove unable to fulfill its statutory objectives of providing insight on fair lending and community development needs.

As it prepares to process an "extraordinary" number of disaster loans in the wake of Hurricane Harvey, the Small Business Administration is seeking professional commercial loan officers for a temporary assignment in processing loan applications.

Speaking to the annual monetary policy conference in Jackson Hole, Wyo., today, Federal Reserve Chairman Janet Yellen offered a broad defense of the post-financial crisis regulatory framework but embraced “appropriate adjustments” as the economy and global landscape evolve.

In response to President Trump’s executive order requiring all federal agencies to reduce regulatory burden, the U.S. Small Business Administration has issued a request for input on regulations could be repealed, replaced or modified.

Startup firms -- those between zero and five years old that have more than one and fewer than 500 employees -- face greater financing challenges than more mature businesses, according to a survey released today by the Federal Reserve.

ABA and six state association CEOs yesterday met with staff from the Consumer Financial Protection Bureau’s research, markets and regulations division to discuss the implementation of section 1071 of the Dodd-Frank Act.

The Treasury Department tonight issued a 150-page report making dozens of recommendations for how Congress and regulatory agencies can streamline bank regulation in a way that promotes economic growth.