FHFB: Implementation of FHLBank System at 100 Recommendations Advanced
The Federal Housing Finance Agency (FHFA) today is providing an update on its implementation of the recommendations of the Federal Home Loan Bank (FHLBank) System at 100: Focusing on the Future report, which was published in November 2023 and followed the first comprehensive evaluation of the FHLBank System in decades. A significant finding of the report is…
HUD: HUD Commemorates National Fair Housing Month
Today, Adrianne Todman, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD), released the following statement in commemoration of Fair Housing Month and the signing of the Fair Housing Act of 1968, which prohibits discrimination on the basis of race, color, national origin, religion, sex (including sexual orientation and gender identity), disability,…
OCC: National Financial Capability Month Celebrated in April
The Office of the Comptroller of the Currency (OCC) supports National Financial Capability Month in April, and encourages national banks and federal savings associations (collectively, banks) to support this annual commemoration by recommitting their focus on improving the financial capability and financial health of their customers. Banks can promote financial capability through high-quality financial literacy…
SBA: 2024 Export Lender Award Winners Recognized
Export Lenders of the Year and International Trade Lender of the Year are from Pennsylvania, Illinois, and Michigan Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the 2024 Export Lender of the Year Award winners. This year, the SBA’s Office of International Trade selected…
Federal Reserve: Applications Open for Community Advisory Council
The Federal Reserve Board announced on Monday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). The CAC was formed in 2015. It advises the Board on issues affecting consumers and communities and complements two of the Board’s other advisory councils whose members represent…
SBA: 2024 Resource Partners of the Year Recognized
Awardees from Wisconsin, Michigan, Colorado, and Mississippi to be Honored During National Small Business Week Ceremony in Washington, DC Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized four SBA Resource Partners of the Year awardees. The awardees – from…
SBA: 17 New Women’s Business Centers Announced
13 of the New WBCs Will Be Hosted by Minority Serving Institutions Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the selection of 17 new Women’s Business Centers (WBCs), 13 of which will be hosted by established Minority Serving Institutions (MSIs)…
HUD: Program to Promote Innovations in Housing Expanded
Moving to Work Program expansion enables communities to develop creative housing solutions and resident services. Today, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman announced the final cohort of Moving to Work (MTW) Demonstration program expansion after extensive collaboration with Congress, advocates, and industry groups. 14 selected housing agencies will evaluate…
SBA: 2024 National Small Business Week Co-Sponsors Announced
SCORE, the Nation’s Largest Network of Volunteer Business Mentors, to Co-Host Today, the U.S. Small Business Administration announced the 2024 National Small Business Week (NSBW) co-sponsors and educational session topics for the Virtual Summit, taking place April 30-May 1. This year’s NSBW Virtual Summitwill feature educational workshops presented by event cosponsors, access to federal resources, and networking opportunities….
CFPB: Action Taken to Halt False Claims of “Free” International Money Transfers
CFPB warns remittance transfer providers about false claims regarding cost and speed Today, the Consumer Financial Protection Bureau (CFPB) issued a new circular warning remittance transfer providers that false advertising about the cost or speed of sending a remittance transfer can violate federal law. Companies in the marketplace are charging junk fees on international money…