ICBA: ICBA Expresses Concerns with OCC National Trust Bank Chartering Final Rule
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Office of the Comptroller of the Currency’s final rule opens in a new tab on national trust bank chartering. “ICBA and the nation’s community banks continue to have significant concerns with the OCC’s chartering rule for national trust banks,…
HUD: Secretary Turner Moves to Restore Self-Sufficiency and Dignity to Those Living in Public Housing
Launches Work and Dignity Coalition in Champaign, Illinois Secretary Scott Turner today announced a new proposed rule to provide all public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners flexibility to implement work requirements and time limits for non-elderly, non-disabled work-capable adults in HUD-funded housing. “Housing assistance was never meant to trap work-able individuals…
FDIC: Deposit Insurance Application Approved for Edward Jones Bank, Salt Lake City, UT
The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today announced the approval of a deposit insurance application submitted by the Jones Financial Companies, L.L.L.P. to establish Edward Jones Bank, which will be a Utah-chartered industrial bank. Applications for deposit insurance are evaluated under a statutory framework of seven factors that include: the…
FDIC: CRA Examination Schedules Issued for Second and Third Quarters 2026
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second quarter 2026 and third quarter 2026. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The…
OCC: Second and Third Quarter 2026 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2026. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the…
Census Bureau: Main Release of Annual Integrated Economic Survey Data Published for the First Time
The U.S. Census Bureau today released the main set of data from the 2023 Annual Integrated Economic Survey (AIES), offering the first single, comprehensive annual snapshot of U.S. employer businesses. The AIES provides economic data — including business revenue, expenses, payroll and employment — at detailed geographies, which for many sectors were previously only available at…
OCC: Comptroller Gould Testifies on Agency Priorities
Comptroller Jonathan V. Gould today testified on the Office of the Comptroller of the Currency’s (OCC) priorities and activities before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Excerpts from Comptroller Gould’s testimony are below. The full written testimony can be found here. On risk tolerance: “In the years since the 2008 financial crisis, Washington…
HUD and Census Bureau: New Residential Sales Report for December 2025 Issued
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for December 2025: New Home Sales Sales of new single-family houses in December 2025 were at a seasonally-adjusted annual rate of 745,000, according to estimates released jointly today by the U.S. Census Bureau and the…
HUD: Streamlined and Simplified Guidance Issued for Nonpayment of Rent in HUD-Subsidized Housing
Secretary Scott Turner announced streamlined and simplified guidance for nonpayment of rent in HUD-subsidized housing. This action eliminates a COVID-era standard, undoing burdensome and costly rules promulgated by the Biden administration that required public housing agencies (PHAs) and property owners receiving HUD funding to provide 30-day written notification for nonpayment of rent prior to eviction….