Federal Reserve: Michael S. Barr to Step Down as FRB Vice Chair for Supervision on February 28th but Will Continue to Serve as Governor
The Federal Reserve Board announced on Monday that Michael S. Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision, effective February 28, 2025, or such earlier time as a successor is confirmed. Barr will continue to serve as a member of the Federal Reserve Board of Governors. Barr, who…
ABA: American Bankers Association Launches Yearlong Campaign Celebrating 150th Anniversary
In honor of the American Bankers Association’s 150th anniversary in 2025, ABA today kicked off a yearlong celebration of this milestone moment for the nation’s largest and oldest banking trade association. Among other anniversary initiatives, ABA launched a new 150th anniversary webpage with an interactive timeline tracing key moments and accomplishments over ABA’s long and proud history…
SBA: Financial Relief Offered to Louisiana Businesses Impacted by New Year’s Tragedy in New Orleans
Biden-Harris Administration quickly deploying resources to assist all those impacted by horrific attack In response to the request from Louisiana Gov. Jeff Landry, the U.S. Small Business Administration (SBA)announced that small businesses and private nonprofit organizations (PNPs) in Louisiana may now apply for federal disaster loans to offset economic losses caused by the mass casualty incident that…
HUD: $40 Million Awarded to Prevent Evictions and Homelessness
The funding will deliver legal assistance to tenants facing eviction. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $40 million in funding to 21 recipients to help support housing stability and prevent evictions and homelessness through the Eviction Protection Grant Program (EPGP), a first-of-its-kind federal program designed to expand the reach of…
HUD: More Than $226 Million Awarded to Protect Families from Home Health Hazards
HUD welcomes the new year with funding to make homes safer. The U.S. Department of Housing and Urban Development (HUD) today awarded more than $226 million to state, county, city, and Tribal governments, and to non-profit organizations, to protect children and families from home health hazards. This funding is awarded to entities across 33 states,…
FEMA: President Biden Approves Major Disaster Declaration for Missouri
FEMA announced that federal disaster assistance is available to the state of Missouri to supplement recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds and flooding from Nov. 3-9, 2024. Public Assistance federal funding is available to the state, eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency…
FEMA: President Biden Approves Major Disaster Declaration for Oregon
FEMA announced that federal disaster assistance is available to the state of Oregon to supplement recovery efforts in the areas affected by wildfires from July 10 to Aug. 23, 2024. 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 emergency…
FEMA: President Biden Approves Major Disaster Declaration for the Native Village of Kipnuk
FEMA announced that federal disaster assistance is available to the Native Village of Kipnuk to supplement recovery efforts in the areas affected by severe storms and flooding from Aug. 16-18, 2024. Public Assistance federal funding is available to eligible tribal and local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…