FDIC: Acting Chairman Travis Hill Issues Statement on Executive Order Titled “Guaranteeing Fair Banking for All Americans”
The FDIC fully supports President Trump’s Executive Order on politicized or unlawful debanking. As I’ve said in the past, debanking law-abiding customers is unacceptable and regulators must work to end it. The FDIC has taken several actions to further that objective, and soon, we plan to issue a rulemaking that would prohibit examiners from criticizing institutions on the basis…
ICBA: Statement Issued on Executive Order on Ensuring Access to Fair Banking
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s executive order from President Donald Trump on ensuring fair banking for all Americans. “Community banks are built to provide fair access to consumers given their long-standing and proven commitments to serving individuals, families, and small businesses in…
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…