On the heels of small businesses finishing strong in 2017, a recently released report is projecting further optimism next year. The 2017 Private Capital Access (PCA) Index report from Dun & Bradstr...
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The U.S. House of Representatives advanced a bill last week that would exempt lenders from a requirement to send annual privacy notices to consumers when no changes have been made to their policies. ...
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The Federal Housing Finance Agency (FHFA) published its Underserved Markets Plan for Fannie Mae and Freddie Mac. The report, which becomes effective Jan. 1, 2018, is a three-year plan for 2018 thro...
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The Federal Deposit Insurance Corporation (FDIC) released a report documenting the history of the 2008 Global Financial Crisis, focusing on the agency's response and lessons learned. The report, ca...
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Reps. Tom Emmer (R-MN) and Randy Hultgren (R-IL) introduced this week the Home Mortgage Reporting Relief Act, which seeks to aid small businesses and community banks. Emmer and Hultgren said the bi...
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The Financial Stability Oversight Council (FSOC) released its 2017 annual report, which describes financial market and regulatory developments, potential emerging threats to U.S. financial stability, ...
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The Office of the Comptroller of the Currency (OCC) issued last week guidance for bank examiners on assessing banks impacted by major disasters, such as hurricanes. The guidance addresses actions b...
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Two of the leading banking associations expressed their support for the final version of the tax reform plan that was agreed to by the House and Senate last week. The plan, which is expected to be ...
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In correspondence to congressional leaders, the National Small Business Association (NSBA) expressed support for the tax reform bill and offered a pair of additional measures. NSBA officials said t...
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The Regional Bank Coalition (RBC) sent a letter to Rep. Blaine Luetkemeyer to express its support for his bill, the Systemic Risk Designation Improvement Act of 2017. The bill would change the crit...
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The U.S. House passed a bill that would allow banks and financial institutions to post privacy policies online instead of mailing them to customers. The Privacy Notification and Technical Clarifica...
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The House Subcommittee on Monetary Policy and examined the operations and looked at the challenges faced by the Committee on Foreign Investment in the United States (CFIUS) at a hearing held last week...
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The House Committee on Small Business is soliciting the aid of the Internal Revenue Service (IRS) regarding the agency’s enforcement of the Affordable Care Act (ACA) employer mandate. Committee ...
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A bipartisan group of senators introduced Wednesday a bill to help students understand the financial implications of student loans and educational debt. The Empowering Student Borrowers Act, introd...
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U.S. Rep. Bill Posey (R-FL) introduced Wednesday legislation to repeal the National Credit Union Administration’s (NCUA) final risk-based capital rule. The final rule, which is set to take effect...
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The Insured Retirement Institute (IRI) is urging the Securities and Exchange Commission (SEC) to develop best interest standards of conduct for financial professionals in collaboration with other fede...
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The American Council of Life Insurers (ACLI) commended this week a bill designed to bolster retirement financial security. ACLI President and CEO Dirk Kempthorne said the Increasing Access to a Sec...
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The Securities and Exchange Commission (SEC) announced this week the appointment of a new chairman and members of the Public Company Accounting Oversight Board (PCAOB). Officials said William D. Du...
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The Conference of State Bank Supervisors (CSBS) has announced banking license renewal requests are on the rise. Officials said state regulators have approved roughly 337,000 license renewal request...
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Leadership of the National Association of Federally Insured Credit Unions (NAFCU) met with Federal Reserve Bank of Kansas City President and CEO Esther George this week to share their recommendations ...
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