Treasury: Proposed Rules Issued to Implement the ROAD to Housing Act and Support Affordable Homeownership in America
Today, the U.S. Department of the Treasury issued proposed regulations to make homeownership more affordable for hardworking Americans. The proposed regulations implement Section 1001 of the 21st Century ROAD to Housing Act (ROAD to Housing Act), which restricts large institutional investors from purchasing single-family homes, codifying key requirements of President Trump’s Executive Order 14376, Stopping Wall Street from…
OCC: Agency Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act
The Office of the Comptroller of the Currency (OCC) today announced a final rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. “The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln’s National…
SBA: Historic Guidance Issued to Recognize America’s Content Creator Economy
Agency clarifies that qualifying content creators are classified under NAICS 5121 for SBA program eligibility Today, the U.S. Small Business Administration (SBA) announced the first federal small-business classification guidance specifically recognizing qualifying content creators within the SBA’s lending and contracting framework. Following SBA’s recent small business size standards proposal, the agency clarified that the nation’s 27 million creator-led businesses are…
HUD: FHA Policy Updated to Make It Easier to Build More Housing
Updated FHA policy encourages new housing supply by removing outdated restrictions for Multifamily Build to Rent communities. HUD today announced that its Federal Housing Administration (FHA) is expanding access to quality rental housing by allowing Build to Rent communities to qualify for FHA-insured financing under two of its Multifamily mortgage insurance programs. Effective immediately, this…
ABA: ABA & State Associations Urge Banking Agencies to Adopt Durable, Tailored CRA Framework
The American Bankers Association joined state bankers associations from across the country in submitting a comment letter to the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation today on their proposed revisions to Community Reinvestment Act regulations. The letter urges the agencies to adopt a framework that remains faithful to the statute, reduces…
FDIC: Agency Rescinds the Board Statement on the Development and Communication of Supervisory Recommendations
On September 17, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors rescinded the Board Statement on Development and Communication of Supervisory Recommendations adopted in 2016 (2016 Statement). The 2016 Statement is superseded by the recent adoption of a final rule (Final Rule) adding a new part 305 to the FDIC’s rules that, among other…
FDIC: Board of Directors Approves Proposed Rule to Modernize and Reform the FDIC’s Framework for Reviewing Bank Merger Transactions
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would modernize and reform the process by which the FDIC reviews merger transactions under the Bank Merger Act (BMA). Notable reforms under the proposed rule would include: accounting for credit unions and centrally booked deposits in the competitive…
FDIC: Board of Directors Approves Proposed Rule on State Bank Parity
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would amend the agency’s regulations to promote parity between state banks and national banks. Under the proposed rule, when host state laws do not apply to a national bank, those laws would similarly not apply to an out-of-state…
Agencies Seek Comment on Proposed Third-Party Risk Management Guidance and Issue Statement on Community Bank Engagement with Core Service Providers
Today the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency (collectively, the agencies) requested comment on proposed guidance to assist financial institutions with managing risks associated with third-party relationships. The proposed guidance reflects the agencies’ supervisory experience and lessons learned from examining…
Treasury: IRS Proposes Rule to End Tax-Exempt Status for Discriminatory Practices in Private Schools
The Department of the Treasury and the Internal Revenue Service (IRS) have issued proposed regulations to end federal tax-exempt status for private schools that engage in racial discrimination, delivering on President Trump’s Executive Orders ending discrimination and restoring merit-based opportunity. “Under President Trump, this Administration is standing up for America’s students by ensuring racial discrimination…