Federal Banking Regulatory Agencies Seek Comment on Interagency Effort to Reduce Regulatory Burden
The federal bank regulatory agencies today announced their second notice requesting comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years to identify outdated or otherwise unnecessary regulatory requirements for their…
CFPB: New Report Highlights Junk Fees Charged by School Lunch Payment Platforms
Families are paying costly and hard-to-avoid transaction fees The Consumer Financial Protection Bureau (CFPB) today released a report on payment processing companies that help school districts process children’s school lunch payments. These private companies process payments made by parents who may have limited or zero payment alternatives. With a captive customer base, these companies can…
FEMA: President Biden Approves Major Disaster Declaration for Kentucky
FEMA announced that federal disaster assistance is available to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, landslides and mudslides from May 21- 27, 2024. The President’s action makes federal funding available to affected individuals in Butler, Caldwell, Calloway, Christian, Clay, Greenup, Hopkins, Knox, Logan,…
FEMA: President Biden Approves Major Disaster Declaration for Chickasaw Nation
FEMA announced that federal disaster assistance is available to the Chickasaw Nation to supplement recovery efforts in the areas affected by severe storms from March 14-15, 2024. Public Assistance federal funding is available to the Tribal Nation on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by the severe…
FEMA: President Biden Approves Major Disaster Declaration for Puerto Rico
FEMA announced that federal disaster assistance is available to the Commonwealth of Puerto Rico to supplement recovery efforts in the areas affected by the severe storms, flooding, landslides and mudslides from April 29 – May 10, 2024. Public Assistance federal funding is available to the Commonwealth and eligible local governments and certain private nonprofit organizations…
HUD and Census Bureau: New Residential Sales Report Issued for June 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2024: New Home SalesSales of new single-family houses in June 2024 were at a seasonally adjusted annual rate of 617,000, according to estimates released jointly today by the U.S. Census Bureau and…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition…
CFPB: New Publication Warns Against Intimidation of Whistleblowers
Forcing workers to sign broad nondisclosure agreements could deter disclosure of misconduct The Consumer Financial Protection Bureau (CFPB) today issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that could deter whistleblowing. The circular explains how imposing sweeping nondisclosure agreements that do…
FEMA: President Biden Approves Major Disaster Declaration for Missouri
FEMA announced that federal disaster assistance is available to the state of Missouri to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from May 19–27, 2024. The President’s action makes federal funding available to affected individuals in Barry, Butler, Carter, Howell, New Madrid, Ripley, Scott, Shannon, Stoddard and Texas…
Census Bureau: Household Pulse Survey Phase 4.2 Monthly Data Released
The U.S. Census Bureau today announced the beginning of data collection for Phase 4.2 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Phase 4.2 includes new, reinstated and updated questions….