SBA: Nearly 700 Noncompliant 8(a) Firms Referred to GSA to Conduct Contract Audits
Firms Face GSA Contract Review After Removal from SBA 8(a) Program Today, the U.S. Small Business Administration (SBA) referred 689 firms that were removed from its 8(a) Business Development Program to the U.S. General Services Administration (GSA) for a comprehensive review of their previous government contract awards. Earlier this year, the firms were removed 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…
CDFI Fund: Supplemental Guidance Provided for CY 2026 NMTC Program Applicants
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2026 New Markets Tax Credit Program (NMTC Program) Supplemental Frequently Asked Questions (FAQ) document and the CY 2026 Application Webinar recording. • CY 2026 NMTC Program Supplemental FAQ Document This document provides responses to questions submitted after the…
ABA: Next Generation of Bank Leaders Recognized with 2026 Emerging Leader Awards
The American Bankers Association today announced the 2026 recipients of its annual ABA Emerging Leader Awards, which recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities. “The talent and dedication of this year’s ABA Emerging Leaders reflect a passion for…
SBA: Million Dollar Pitch Competition Now Streaming on YouTube and Prime Video
Celebrating 250 Years of Free Enterprise, Five Small Businesses Compete for a Share of $1 Million Cash Prize Pool Funded by Clover Today, the U.S. Small Business Administration (SBA) announced that the special broadcast event for the Million Dollar Pitch Competition is now streaming globally on Prime Video and YouTube. The high-stakes special features five small businesses competing…
SBA: $9.5 Million Awarded to Tribal Colleges and Training Hubs in Support of Small Manufacturers
E2G Grants Support Tribal Colleges and Training Hubs to Strengthen Domestic Manufacturing and Critical Supply Chains Today, the U.S. Small Business Administration (SBA) announced $9.5 million in awards to two tribal organizations that will provide hands-on, in-person manufacturing training and rapid reskilling for employees of 8(a) and HUBZone-eligible small businesses in critical industries through its Manufacturing in…
FEMA: President Trump Approves Emergency Declaration for Commonwealth of the Northern Mariana Islands
FEMA announced today that federal disaster assistance is available to the Commonwealth of the Northern Mariana Islands to supplement territory and local response efforts due to the emergency conditions resulting from Tropical Storm Champi beginning on Oct. 16, 2026, and continuing. The President’s action authorizes FEMA to coordinate all federal disaster relief efforts to alleviate…
FEMA: President Trump Approves Emergency Declaration for Guam
FEMA announced today that federal disaster assistance is available for the territory of Guam to supplement local response efforts due to the emergency conditions resulting from Typhoon Champi beginning Oct. 16, 2026, and continuing. The President’s action authorizes FEMA to coordinate all federal disaster relief efforts to alleviate the hardship and suffering caused by the…
FEMA: First-of-its-Kind Study Released Providing Insights into Challenges Facing Emergency Management Agencies Across the Nation
Today, FEMA and its partners released a new study that provides key insights into challenges faced by emergency managers across the nation. The Emergency Management Organizational Structures, Staffing, and Capacity Study confirms that America’s emergency management system is strongest when it is locally led, state managed and federally supported. The study surveyed over 1,700 emergency management officials nationwide…
ABA: Foundation Marks 24th Annual Get Smart About Credit Day with Expanded Financial Education Resources
The American Bankers Association Foundation is celebrating the 24th annual Get Smart About Credit Day with the release of expanded resources designed to help bankers provide teens and young adults with practical financial education. Get Smart About Credit is a year-round, national campaign that kicks off annually on the third Thursday of October, which falls on Oct….