SBA: Nonprofit Organizations Receive Funding for Providing “Boots to Business” Entrepreneurship Training
WASHINGTON – The U.S. Small Business Administration has awarded a total of $2,324,100 to two nonprofit organizations providing “Boots to Business” entrepreneurship training to military service members, military spouses and veterans. This funding, offered by SBA’s Office of Veterans Business Development, will enable the two organizations to deliver Boots to Business—the entrepreneurship track of the Department…
OCC: Agency to Hold Innovation Office Hours in New York
WASHINGTON — The Office of the Comptroller of the Currency (OCC) announced its Office of Innovation will host Office Hours for national banks, federal savings associations, and financial technology companies (fintech companies), July 24-26, at the OCC’s district office in New York City. Office Hours provide an opportunity for meetings with OCC officials to discuss…
HUD and Census Bureau: New Residential Construction Activity in May
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for May 2017: BUILDING PERMITS Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,168,000. This is 4.9 percent (±0.9 percent) below…
FDIC: New FDIC Ombudsman Appointed
The Federal Deposit Insurance Corporation (FDIC) has appointed M. Anthony Lowe to the post of FDIC Ombudsman and Director of the Office of the Ombudsman. The Ombudsman’s office interacts extensively with bankers, other industry representatives, community groups, and members of the public to answer questions and hear concerns about FDIC policies and regulations. The office…
Census Bureau: Updates to Quick Facts Web Application Tool
Based on user feedback, the U.S. Census Bureau recently provided updates to the QuickFacts web application on census.gov. Updates include: Simplified mapping. Displays in Chart, Map and Dashboard based on user-selections. Updated share capability on social media sites Facebook and Twitter. Easier-to-navigate mobile experience. Improved performance. QuickFacts provides the following data for all states, counties…
FHFA: 2016 Report to Congress Released Including Exams of Freddie, Fannie & FHLBs
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its 2016 Report to Congress. The statutorily-required report provides information about FHFA’s 2016 examinations of Fannie Mae, Freddie Mac (the Enterprises), 11 Federal Home Loan Banks (FHLBanks) and the FHLBanks’ Office of Finance. The report also describes FHFA’s actions as conservator of Fannie Mae…
CFPB: Preventing Financial Exploitation on World Elder Abuse Day
By Stacy Canan June 15, 2017, marks the twelfth annual World Elder Abuse Awareness Day , or WEAAD. This day isn’t likely to show up on your calendar, though it is recognized globally. Elder financial exploitation is one of the most common and devastating forms of elder abuse. It can destroy the financial security of…
CFPB: Comment on Proposed Changes to Prepaid Rules
Proposal Would Adjust Error Resolution Requirements and Provide More Flexibility for Credit Cards Linked to Digital Wallets WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced today that it is seeking comment on proposed updates to its prepaid rule. The CFPB issued the prepaid rule in 2016, requiring financial institutions to limit consumers’ losses when…
Census Bureau: Upcoming Webinar on Accessing American Community Survey Statistics in API
What: The U.S. Census Bureau is hosting a webinar June 21 on Using the Census API With the American Community Survey. Users will learn how to access and use the Census Bureau’s application programming interface with statistics from the American Community Survey, identify survey variables and geographies to build queries, and locate additional resources. Through…
Census Bureau: More than Half of School Expenditures Spent on Classroom Instruction
JUNE 14, 2017 — Schools across the nation spent over 60 percent of day-to-day expenditures on classroom instruction in fiscal year 2015, according to the U.S. Census Bureau’s Public Education Finances: 2015 report released today. The report provides figures on revenues, expenditures, debt and assets (cash and security holdings) for the nation’s public elementary and…