ABA: Business Associations Issue Statement on Government Shutdown
Today, a broad cross-section of business associations issued the following statement: “Government shutdowns impose real, escalating costs. While exact figures vary, public estimates of the current funding lapse suggest $10 billion–$15 billion per week in lost output and economic activity. The longer the shutdown persists, the larger and more durable the economic damage becomes —…
ABA: Statement Issued on Court Ruling to Halt Compliance and Enforcement of CFPB Data Sharing Rule
“The U.S. District Court’s decision to stay compliance with the Consumer Financial Protection Bureau’s Section 1033 rule affirms the serious concerns raised by ABA and other stakeholders regarding the rule’s legal foundation, scope and impact on consumer privacy and data security. The court’s decision provides a necessary pause for the Bureau to engage meaningfully with…
FEMA: Over $1 Billion in Federal Funding Announced to Secure the FIFA World Cup Games and Protect Americans
FEMA Issues FY 2026 Funding Opportunities for FIFA World Cup and Counter Unmanned Aircraft Systems (UAS) Grant Programs Today, the Federal Emergency Management Agency (FEMA) published the Fiscal Year (FY) 2026 Notices of Funding Opportunity for the Counter-Unmanned Aircraft Systems (C-UAS) Grant Program and the FIFA World Cup Grant Program. Through the FIFA World Cup…
FHFA: House Price Index Up 0.4 Percent in August 2025; Up 2.3 Percent from Last Year
U.S. house prices rose 0.4 percent in August, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.3 percent from August 2024 to August 2025. The previously reported 0.1 percent price decline in July was revised to 0.0 percent. For the nine census divisions, seasonally adjusted…
ABA: ABA Commends FCC on Proposals to Strengthen Fraud Protections and Modernize Calling Rules
“We commend Chairman Carr and the FCC for taking this important step forward in the fight against fraud. It is too easy for fraudsters to spoof real bank names on Caller ID, and today’s FCC vote advancing a proposal to strengthen the call authentication framework will help protect consumers and legitimate businesses. We look forward…
OCC: Comments Requested on Proposed Rescission of Its Recovery Planning Guidelines
The Office of the Comptroller of the Currency (OCC) today requested comment on a proposal to rescind its recovery planning guidelines for certain large insured national banks, federal savings associations, and federal branches (banks). Under the proposal, the recovery planning guidelines that went into effect January 1, 2025, and applied to banks with at least…
ICBA: Statement on Ending Goverment Shutdown Issued
The Independent Community Bankers of America (ICBA) issued the following statement on the federal government shutdown. “While the nation’s community banks continue working every day to support economic growth in the local communities they serve, the ongoing government shutdown threatens to harm economic growth and Main Street economies. ICBA and the nation’s community bankers encourage…
FEMA: President Trump Approves Major Disaster Declaration for Alaska
FEMA announced that federal disaster assistance is available to the state of Alaska to supplement recovery efforts in the areas affected by severe storms, flooding and remnants of Typhoon Halong during the period of Oct. 8-13, 2025. The President’s action makes federal funding available to affected individuals in the Lower Kuskokwim Regional Educational Attendance Area,…
FEMA: President Trump Approves Major Disaster Declaration for Nebraska
FEMA announced that federal disaster assistance is available to the state of Nebraska to supplement recovery efforts in the areas affected by severe storms, straight-line winds and flooding from August 8-10, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…
FEMA: President Trump Approves Major Disaster Declaration for North Dakota
FEMA announced that federal disaster assistance is available to the state of North Dakota to supplement recovery efforts in the areas affected by severe storms, straight-line winds and tornadoes from Aug. 7-8, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…