HUD: Agency, Ginnie Mae, and Korea Housing Finance Corporation Sign Agreement to Advance Affordable Housing and Strategic Housing Finance Cooperation
The U.S. Department of Housing and Urban Development (HUD), Government National Mortgage Association (Ginnie Mae), and the Korea Housing Finance Corporation (KHFC) signed a memorandum of understanding (MOU) to strengthen international cooperation in housing finance. The MOU underscores a shared commitment to expanding access to affordable housing, cultivating innovation, and supporting residential development. This agreement marks…
FEMA: President Trump Approves Major Disaster Declaration for Missouri for May Disaster
FEMA announced that federal disaster assistance is available to the state of Missouri to supplement recovery efforts in the areas affected by the severe storms, straight-line winds, tornadoes and flooding on May 16, 2025. The President’s action makes federal funding available to affected individuals in Scott and St. Louis counties and the independent city of St….
FEMA: President Trump Approves Major Disaster Declaration for Missouri for April Disaster
FEMA announced that federal disaster assistance is available to the state of Missouri to supplement recovery efforts in the areas affected by the severe storms, straight-line winds, tornadoes and flooding on April 29, 2025. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing…
ABA: Nebraska Banker Receives ABA Distinguished Service Award for Risk and Compliance
Krysti Cunningham, chief risk officer for Security National Bank of Omaha is the recipient of the 2025 American Bankers Association’ Distinguished Service Award for Risk and Compliance, the association announced today. The award, which recognizes leadership, initiative and accomplishment in banking risk and compliance management, as well as volunteer service through ABA, was presented during ABA’s…
Federal Reserve: Michelle W. Bowman Sworn in as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System
Michelle W. Bowman took the oath of office as Vice Chair for Supervision of the Federal Reserve Board on Monday. The oath was administered by Chair Jerome H. Powell in the press briefing room of the Board’s Martin building. President Trump nominated Ms. Bowman on March 24, 2025, and she was confirmed by the United…
OCC: Acting Comptroller of the Currency Releases Letter on Preemption Regulations
Acting Comptroller of the Currency Rodney E. Hood today released a letter in response to correspondence from the Conference of State Bank Supervisors requesting the Office of the Comptroller of the Currency (OCC) rescind its preemption regulations. In the letter, Acting Comptroller Hood reaffirmed the OCC’s support and defense of preemption as a cornerstone of…
CDFI Fund: Next CDFI Certification Agreement Webinar Scheduled for June 12th
Reminder: Next CDFI Certification Webinar is June 12th The CDFI Fund’s monthly Certification webinars, which are intended to serve as a forum for potential CDFI Certification Applicants, Certified CDFIs, and other CDFI Certification stakeholders to ask questions and discuss CDFI Certification and the CDFI Certification process, have been scheduled for calendar year 2025. The webinars…
ABA: ABA Applauds Senate Confirmation of Michelle Bowman as Fed Vice Chair for Supervision
“We congratulate Governor Michelle Bowman on her confirmation to serve as the Federal Reserve’s next vice chair for supervision and appreciate her willingness to take on these added responsibilities at the Fed. With her deep experience as a federal regulator, state regulator and community banker, Governor Bowman understands the real-world impact U.S. banking rules can…
ICBA: ICBA Congratulates Michelle Bowman on Confirmation as Federal Reserve Vice Chair for Supervision
The Independent Community Bankers of America (ICBA) congratulated Federal Reserve Governor Michelle Bowman on today’s Senate vote confirming her ICBA-advocated nomination to serve as Fed vice chair for supervision. “ICBA and the nation’s community bankers congratulate Governor Bowman for her confirmation as Fed vice chair for supervision,” ICBA President and CEO Rebeca Romero Rainey said….