Industry News

SBA: Agency Celebrates Success of First-Ever Made in America Matchmaking Expo for Suppliers and Manufacturers

675 Small Businesses Connected with Dozens of Large Companies to Reshore American Industry Today, the U.S. Small Business Administration (SBA) announced the results of its inaugural 2026 Supplier Matchmaking Expo, a first-of-its-kind event held last week in partnership with the National Association of Manufacturers (NAM) in Charlotte, North Carolina. The Expo was designed to advance the Made…

OCC: Registration Opens for Community Bank Director and Senior Management Workshops

The Office of the Comptroller of the Currency (OCC) today opened registration for its 2026 schedule of in-person workshops for board directors and senior management of national community banks and federal savings associations. The continuation of these community bank focused workshops builds on the OCC’s intentional efforts to support community banks through dedicated educational opportunities….

FHFA: Fannie Mae and Freddie Mac Remove Certain Homeowners Insurance Requirements That Will Reduce Costs

American homebuyers are about to get a break. New rules for Fannie Mae and Freddie Mac mortgages will help to lower home insurance bills for millions of families, especially in rural areas and condo buildings. The changes fix expensive, stupid Biden-era requirements with simple, common-sense updates that respond to today’s skyrocketing insurance prices.  “Thanks to…

HUD: Agency Appeals Judicial Decision to Shift Homelessness Paradigm

Rejects Subsidized Drug Use, Half-Million Dollar Salaries, and Lifelong Handouts The Department of Justice (DOJ) on behalf of the Department of Housing and Urban Development (HUD) is appealing the Federal District Court of Rhode Island’s preliminary injunction. The injunction denies HUD the ability to award homelessness grants under its policies that protect homeless individuals from…

ICBA: 2026-27 Executive Committee Announced, West Virginia Banker Elected Chairman

The Independent Community Bankers of America (ICBA) today announced the election of its 2026-27 executive committee during the 2026 ICBA LIVE national convention in San Diego. Alice P. Frazier, president and CEO of Potomac Bank in Charles Town, W. Va., was elected ICBA chairman and will serve as chairman of the ICBA Executive Committee and…

SBA: Agency Bans Foreign Nationals from Accessing SBA-Backed Loans

Agency reserves federally guaranteed lending for American citizens Today, in the effort to prioritize American job creators, the U.S. Small Business Administration (SBA) issued a new policy notice to ban foreign nationals and non-citizens from accessing SBA-guaranteed small business loans. The latest notice, which applies to the agency’s Surety Bond and Microloan Programs, builds on the policy change implemented earlier this month –…

ABA : California High School Produces Both First- & Second-Place Winners in National Lights, Camera, Save! Video Contest

The American Bankers Association Foundation has announced the national winners of the Lights, Camera, Save! teen video contest, a nationwide competition that encourages teens ages 13–18 to create a 30-second or less video educating their peers on the importance of smart money management. This year’s first place winner is Adam Costa, representing Montecito Bank & Trust in Santa Barbara,…

ABA: Foundation & Government Agencies Release New Infographic to Help Americans Spot and Avoid Government Imposter Scams

Released in recognition of the Social Security Administration’s ‘Slam the Scam’ Day As government imposter scams continue to rise nationwide, the ABA Foundation, alongside the Federal Bureau of Investigation, Financial Crimes Enforcement Network, Commodity Futures Trading Commission, U.S. Securities & Exchange Commission, United States Secret Service, United States Postal Inspection Service and Financial Industry Regulatory…

SBA: Agency Moves to Terminate Over 620 Firms in 8(a) Federal Contracting Program That Refused to Turn Over Financial Data

Nearly 20% of all 8(a) contractors removed for non-compliance after dramatic expansion under Biden-era DEI push Today, the U.S. Small Business Administration (SBA) initiated termination proceedings to remove 628 firms from the 8(a) Business Development Program after they refused to comply with SBA’s order to turn over three years’ worth of financial documents for review. Last year, the SBA…

ABA: Foundation, Working Credit & Wells Fargo Foundation Launch New Credit Education Campaign

The ABA Foundation today announced the launch of its Rebuild Right: Safe Credit Recovery & Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls. The campaign, which will begin March 4 in recognition of National Consumer Protection Week, is hosted in collaboration with the Wells…