OCC: Comptroller Gould Issues Statement on Executive Order “Guaranteeing Fair Banking for All Americans”
Comptroller of the Currency Jonathan V. Gould today issued the following statement in support of the Executive Order, “Guaranteeing Fair Banking For All Americans,” issued by President Donald J. Trump: Fair access to financial services is a fundamental principle of the U.S. banking system. It is unacceptable for banks to discriminate against any customer on…
CDFI Fund: Upcoming Launch of a New Version of CDFI Information Mapping System (CIMS) Announced
The CDFI Fund is preparing to launch a new version of the CDFI Information Mapping System (CIMS), a web-based tool that enables organizations to visually plot eligible service areas and investments in support of their Certification or funding applications. The new version, CIMS5, will replace the existing version CIMS4, which will be retired and no…
ABA: Joint Bank Trade Statement Issued on Free and Fair Banking Executive Order
The American Bankers Association, Bank Policy Institute, Consumer Bankers Association and Financial Services Forum issued a statement today responding to President Donald Trump’s Executive Order to promote access to financial services in America. “Today’s Executive Order helps ensure all consumers and businesses are treated fairly, a goal the nation’s banks share with the Administration. It’s in…
SBA: New Regional Innovation Cluster Funding Announced to Support Domestic Manufacturing
$7.5 Million Now Available to Support American Industry, Strengthen Supply Chains, and Bring Jobs Back Home In a major push to restore America’s industrial dominance, the U.S. Small Business Administration (SBA) has announced the availability of new Regional Innovation Cluster (RIC) funding of up to $7.5 million to support domestic manufacturers. 98% of American manufacturers are small…
FHFA: Allowable LIHTC Amount Doubled for Fannie Mae and Freddie Mac to Support Affordable Housing
Consistent with the One Big Beautiful Bill, U.S. Federal Housing Expands America’s Affordable Housing Supply in Rural and Underserved Communities Consistent with President Trump’s historic One Big Beautiful Bill, U.S. Federal Housing is expanding America’s affordable housing supply by doubling the amount that Fannie Mae and Freddie Mac can invest in safe and sound Low…
Census Bureau: Annual Integrated Economic Survey Releases First Dataset
The U.S. Census Bureau today released preliminary estimates from the Annual Integrated Economic Survey (AIES), which provides key measures of economic activity, including the only comprehensive national and subnational data on business revenues, expenses and assets on an annual basis. The AIES is one of the Census Bureau’s newest surveys, designed to replace and integrate seven…
CDFI Fund: Certification Webinar Recordings on Customized Investment Areas and Affiliates Released
Earlier this month, the Community Development Financial Institution Fund’s (CDFI Fund) Office of Certification Policy and Evaluation (OCPE) hosted two webinars focused on Customized Investment Area Target Market types on July 10th and Affiliates on July 24th. The webinar recordings and presentation slides are now available on the CDFI Fund’s website. The Customized Investment Area webinar…
SBA: Agency Celebrates 72 Years of Service to America’s Small Businesses
Loeffler’s leadership delivers lending surge, greater accountability, and renewed focus on Main Street Today, the U.S. Small Business Administration celebrates its 72nd anniversary – and over seven decades of empowering entrepreneurs, supporting disaster recovery, and championing economic growth in every corner of our nation. “Over the course of 72 years, the SBA has grown to become the…