Industry News

ABA: America’s Banks & ABA Relaunch #BanksNeverAskThat Campaign with New ‘Scam Slayer’ Initiative, Resources on AI-Powered Scams

New campaign empowers consumers to stop scams before they start and highlights real-life Scam Slayers who recognize red flags and prevent fraud The American Bankers Association today relaunched its award-winning #BanksNeverAskThat campaign with a new “Scam Slayer” initiative as banks nationwide join forces to help consumers and small businesses recognize and avoid scams. The association is also…

Treasury: U.S. Department of the Treasury and U.S. Department of Education Launch New Defaulted Loans Support Center

The U.S. Department of the Treasury (Treasury) and the U.S. Department of Education (ED) announced the launch of the Defaulted Loans Support Center, a new online portal that gives Americans with defaulted federal student loans a simpler way to understand their options, address default, and return to repayment. The launch of this portal is part of the…

FHFA: To Be Good Financial Stewards, FHFA Inspector General’s Budget Will Match the Budgets of Peer Agencies

U.S. Federal Housing (FHFA) announced today that it is allocating a “Peer-Matched” budget for the FHFA Office of Inspector General to ensure the budget is efficient and right-sized.  Following FHFA’s recent adoption of zero-based budgeting, in which every expenditure is independently benchmarked and justified, the Agency became aware that FHFA’s OIG was an extraordinary budgetary…

ABA: Officers Board Nominated for 2026-2027

The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for Oct. 27 in Salt Lake City. The committee, chaired by John C. Asbury, chief executive officer, Atlantic Union Bankshares Corp., Richmond, Va., nominated the following candidates for ABA officer positions:…

HUD: USDA and HUD Historic MOU Establishes a Framework for Collaboration Across Federal Housing Programs

The U.S. Department of Agriculture (USDA) and the U.S. Department of Housing and Urban Development (HUD) entered into a historic Memorandum of Understanding (MOU) to streamline standards related to environmental review, environmental impact, environmental regulations, and physical inspections tied to housing. The agreement advances the Trump Administration’s commitment to government efficiency, deregulation and a whole-of-government approach to…

SBA: Agency Celebrates 13th Annual National Veterans Small Business Week

Veteran Entrepreneurs to be Recognized Nov. 9-13, 2026 Today, the U.S. Small Business Administration (SBA) announced that it will celebrate the 13th year of National Veterans Small Business Week (NVSBW) from Nov. 9–13, 2026. The week honors America’s 1.6 million veteran-owned small businesses and the commitment to excellence, quality, and strength that defines veteran entrepreneurship. The theme…

FDIC: Sunwest Bank Assumes All Deposits and Certain Assets of Nano Banc, Irvine, California

Nano Banc of Irvine, California was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into a purchase and assumption agreement with Sunwest Bank of Sandy, Utah to assume substantially all deposits and acquire certain assets of Nano Banc.  Nano…

HUD: Multiple Fair Housing Act Charges Announced

Cuts Biden Backlog by 46%, Violations including Disability, Sexual Harassment, and Familial Status Discrimination HUD today announced nine recent charges of discrimination under the Fair Housing Act, reflecting ongoing enforcement of federal fair housing protections by HUD’s Office of Fair Housing and Equal Opportunity (FHEO). While vigorously investigating and prosecuting cases of actual unlawful discrimination,…

HUD: Agency Kicks Off Innovative Housing Showcase with Trades Day

Students Get Hands-On Look at Skilled Trades Building the Future of American Housing  HUD today kicked off its sixth Innovative Housing Showcase with Trades Day, connecting students and young adults with skilled trades professionals and hands-on opportunities in the housing and construction industries.   “America cannot build more homes without the skilled men and women…

ABA: Iowa Banker Elected as Chair of ABA’s Community Bankers Council

The American Bankers Association has elected Matt Lujano as chair of ABA’s Community Bankers Council for the 2026-2027 association year. Lujano is president and CEO of Westside State Bank in Westside, Iowa. The Community Bankers Council consists of bank presidents and CEOs from across the country who meet twice a year in person to strategize…