SBA: SBA and Department of Labor Sign MOU to Support Domestic Manufacturing
Enhanced collaboration will cultivate pipeline of skilled workers, restore American industrial dominance Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Labor (DOL) signed a memorandum of understanding (MOU) to support American manufacturing. The agreement, which will enhance collaboration and data-sharing across key programs, is designed to cultivate a pipeline of skilled workers while also promoting…
FDIC: Board of Directors Propose to Establish Office of Supervisory Appeals
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a proposal that would amend the agency’s Guidelines for Appeals of Material Supervisory Determinations. Through this proposal, the FDIC would replace the existing Supervision Appeals Review Committee (SARC) with an independent, standalone office within the FDIC, known as the Office of Supervisory Appeals (Office)….
OCC: Jonathan V. Gould Takes Office as the 32nd Comptroller of the Currency
Jonathan V. Gould today became the 32nd Comptroller of the Currency, after being sworn into the office by Dr. Michael Faulkender, Deputy Secretary of the U.S. Treasury. President Donald J. Trump nominated Mr. Gould on February 11, 2025, and the U.S. Senate confirmed him on July 10, 2025. Mr. Gould takes over from Rodney E….
SBA: Center of Faith Launched Including Removal of Ban on Disaster Relief for Faith Organizations
Today, the U.S. Small Business Administration (SBA) launched its Center for Faith to empower faith-based businesses, community organizations, and houses of worship with access to capital, counselling, and government contracting opportunities. As part of its commitment to ending federal discrimination against religious entities, the agency is also eliminating a regulation, previously upheld by the Biden…
OCC: Acting Comptroller Rodney Hood Congratulates Jonathan Gould on Senate Confirmation as Comptroller of the Currency
Acting Comptroller of the Currency Rodney E. Hood today issued the following statement following the confirmation of Jonathan Gould by the U.S. Senate to become the Comptroller of the Currency. I extend my sincere congratulations to Jonathan Gould, who will soon become the 32nd Comptroller of the Currency. Mr. Gould will be the first confirmed Comptroller…
ICBA: ICBA Urges OCC to Consider Key Principles for Digital Asset National Bank Charter Applications
In light of an increase in charter applications from nonbank digital asset firms, the Independent Community Bankers of America (ICBA) today urged the Office of the Comptroller of the Currency to keep in mind several key principles when considering such applications. In a letter to the OCC, ICBA noted that applications from nonbank digital asset-related entities…
HUD: “Express Lane” Launced to Expedite Financing for Residential Care Facilities
FHA cuts processing times from five months to two weeks for eligible low-risk transactions U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the launch of a new “Express Lane” to expedite Federal Housing Administration (FHA) insured refinancing applications under the FHA Section 232/223(f) Mortgage Insurance for Residential Care Facilities program. This…
ICBA: ICBA ThinkTECH Accelerator Showcase Returns to the GSBC Connecting Fintechs with Future Community Leaders
The Independent Community Bankers of America (ICBA) announced its upcoming ICBA ThinkTECH Accelerator program showcase will once again take place at the Graduate School of Banking at Colorado (GSBC). The event, set for July 17, marks the culmination of the latest Accelerator program (AP9), a 10-week collaborative experience designed to foster fintech-community bank partnerships that advance community…
SBA: Interagency Task Force on Veterans Small Business Development to Host Public Meeting on July 15
Today, the U.S. Small Business Administration (SBA) announced that the quarterly Interagency Task Force (IATF) on Veterans Small Business Development meeting will occur on July 15, 2025. The public is encouraged to attend this meeting and hear updates on the status of policies and initiatives that affect veteran-owned businesses. “Veterans’ resourcefulness, determination, and grit are just a…
OCC: Acting Comptroller of the Currency Discusses Importance of Homeownership
Acting Comptroller of the Currency Rodney E. Hood discussed homeownership as a pathway to financial inclusion and generational wealth in remarks at the Detroit REACh Homebuyers Fair, held in recognition of National Homeownership Month on June 28. In his remarks, Acting Comptroller Hood discussed the Office of the Comptroller of the Currency’s work to expand…