ICBA: ICBA Sues OCC Over National Trust Bank Charters for Crypto Firms
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the lawsuit filed today in the U.S. District Court for the District of Columbia against the Office of the Comptroller of the Currency (OCC) for authorizing novel entities primarily dealing in cryptocurrencies to enter the banking system without being subject…
Treasury: The Financial Literacy and Education Commission Releases the 2026 Update to the U.S. National Strategy for Financial Literacy
The U.S. Department of the Treasury applauded the release of the 2026 update to the U.S. National Strategy for Financial Literacy from the Financial Literacy and Education Commission (FLEC), which is chaired by the Secretary of the Treasury and is composed of the heads of 23 federal agencies and the White House Domestic Policy Council. “The newest United States…
SBA: $3.75 Million Awarded to Train Veteran-Owned Small Businesses to Compete for Federal Contracts
New Training Program Offers Veterans an Onramp into Federal Procurement Today, the U.S. Small Business Administration (SBA) announced it has awarded a $3.75 million grant over five years to the Maryland-based Montgomery County Chamber of Commerce Community Foundation Veterans Institute for Procurement (MCCCF-VIP). The organization will operate the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP), a nationwide initiative…
SBA: $5.3 Million Awarded to Expand National Women’s Business Center Network
New Centers Will Support Women Entrepreneurs in Florida, Pennsylvania, Tennessee, Texas, and West Virginia Today, the U.S. Small Business Administration (SBA) announced five grant recipients under its new Women’s Business Center (WBC) Modernization Initiative, awarding a combined $5.3 million to expand statewide support networks for women entrepreneurs in Florida, Pennsylvania, Tennessee, Texas, and West Virginia. The Initiative…
CFPB: Agency Proud to Support the National Strategy for Financial Literacy
As a member agency of the Financial Literacy and Education Commission (FLEC), the Consumer Financial Protection Bureau (CFPB) is proud to support the new National Strategy for Financial Literacy to guide nationwide actions on building youth financial competency, developing good saving and investing habits, improving Americans’ knowledge of digital financial literacy, and learning how to avoid fraud…
ABA: Foundation Encourages Teens to Enter Annual “Lights, Camera, Save!” Video Contest
National contest challenges teens to share smart money management lessons through short-form video The American Bankers Association Foundation today announced that banks across the country are now accepting entries for its 16th annual Lights, Camera, Save! video contest, which runs through Dec. 1. Lights, Camera, Save! invites teens ages 13-18 to create a video of 30 seconds…
Treasury: Trump Administration Advances the Establishment of America’s First Nationwide School Choice Program
Treasury and IRS Issue Proposed Regulations to Implement the Education Freedom Tax Credit The U.S. Department of the Treasury and the Internal Revenue Service issued proposed regulations to implement the new Federal Scholarship Tax Credit under section 25F, commonly known as the Education Freedom Tax Credit, the first federal tax credit supporting private contributions for K-12…
CFPB: Fair Lending Report of the Consumer Financial Protection Bureau Issued for 2025
In 2025, the Consumer Financial Protection Bureau (CFPB) transformed its fair lending program by refocusing its regulatory, supervisory, and enforcement activities on its statutory authority and identified consumer harm. Under previous administrations, the CFPB was weaponized and had gone beyond its statutory mandate. In the area of fair lending specifically, CFPB leadership uncovered egregious examples…
SBA: Nominations Open for National Small Business Week 2027
Trump Administration Invites America’s Innovators, Job Creators, and Builders to Apply for State and National Recognition Today, the U.S. Small Business Administration (SBA) opened nominations for its 2027 National Small Business Week Awards, which recognize exceptional small business owners from every state. National Small Business Week will take place May 2–8, 2027. Nominations must be submitted by 3:00…