HUD: Secretary Scott Turner Commemorates Fair Housing Month
Championing Faith, Freedom, and Fair Housing for all Americans U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today recognized April as Fair Housing Month, unveiling this year’s theme: “Faith, Freedom, & Fair Housing.” Secretary Turner marked the historical milestone with a message reaffirming HUD’s responsibility to uphold the Fair Housing Act and…
CFPB: Regulatory Relief Offered From Registration Requirements for Small Loan Providers
The Consumer Financial Protection Bureau is announcing today that, with respect to the regulation titled Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders, 89 Fed. Reg. 56028 (July 8, 2024) (codified at 12 CFR part 1092), it will not prioritize enforcement or supervision actions with regard to entities that do not…
Census Bureau: New U.S. Population Estimates by Age and Sex Released
The U.S. Census Bureau today released a downloadable file containing estimates of the nation’s resident population by sex and single year of age as of July 1, 2024, which is available at www.census.gov/programs-surveys/popest.html. In the coming months, the Census Bureau will release additional population estimates for cities and towns as well as population estimates by age, sex, race…
SBA: Agency Highlights Range of New Measures to Stop Fraud
Reforms will end loans to illegal aliens, children, and deceased Today, the U.S. Small Business Administration (SBA) highlighted several new verification measures within its loan application process to strengthen protections against fraud and ensure its programs only benefit eligible American small business owners. The changes were implemented with the help of the Department of Government Efficiency (DOGE),…
Treasury: Action Taken to Unleash Financial Sector and Unburden Small Businesses through Elimination of Unnecessary, Duplicative, and Costly Regulations
Today, the U.S. Department of the Treasury (Treasury), including the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN), will take immediate action to eliminate 15 rules and guidance materials. This is in addition to two rules recently rescinded by the Office of the Comptroller of the Currency (OCC). The rules range from…
ICBA: ICBA Applauds House Passage of Resolution to Overturn Flawed CFPB Overdraft Rule
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on House passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services. “ICBA and the nation’s community banks commend the House for passing this critical resolution to overturn the CFPB’s…
FEMA: President Trump Approves Major Disaster Declaration for Virginia
FEMA announced that federal disaster assistance has been made available to the Commonwealth of Virginia to supplement recovery efforts in the areas affected by severe winter storms and flooding from Feb. 10-18, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…
ABA: ABA Applauds House Disapproval of CFPB Overdraft Rule
“We applaud the House’s passage of the Congressional Review Act resolution overturning the CFPB’s eleventh-hour overdraft rule, and we thank House Financial Services Committee Chairman French Hill and Senate Banking Committee Chairman Tim Scott for their leadership on this important issue. Consumers have indicated time and time again that they value and appreciate this highly regulated service…
ABA: New Consumer Polling Data Finds Americans Oppose Policy Changes that Threaten Credit Card Reward Programs
A new survey conducted by Morning Consult on behalf of the American Bankers Association found that a strong majority of U.S. consumers are happy with their credit cards and do not want the government to interfere with their card’s rewards programs. The survey, unveiled on the second day of ABA’s 2025 Washington Summit, also gauged consumers’…
HUD: Foreclosure Relief Extended to More than One Million FHA Borrowers Recovering from Hurricanes Helene and Milton
Second extension of foreclosure moratoriums provides flexibility for disaster impacted communities Today, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) is extending by an additional 90 days its existing foreclosure moratoriums on FHA-insured single family mortgages in the Presidentially-Declared Major Disaster Areas (PDMDAs) resulting from Hurricanes…