Federal Reserve: Agency Announces It Will Sunset Its Novel Activities Supervison Program
Federal Reserve will return to monitoring banks’ novel activities through the normal supervisory process The Federal Reserve Board on Friday announced that it will sunset its novel activities supervision program and return to monitoring banks’ novel activities through the normal supervisory process. Since the Board started its program to supervise certain crypto and fintech activities…
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…
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…
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…
HUD: Disaster Aid and Financial Flexibility Delivered for Missouri Residents Impacted by Natural Disasters
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to the State of Missouri to supplement recovery efforts in the areas affected by the severe storms, straight-line winds, tornadoes and flooding from March 30 – April 8, 2025. “HUD serves every American and works alongside communities…
HUD: Disaster Aid and Financial Flexibilty Delivered for Iowa Residents Impacted by Natural Disasters
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to the State of Iowa to supplement recovery efforts in the areas affected by the severe winter storm on March 19, 2025. “HUD serves every American and works alongside communities to help rebuild homes, neighborhoods, and businesses…
HUD: Disaster Aid and Financial Flexibility Delivered for Kansas Residents Impacted by Natural Disasters
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to the State of Kansas to supplement recovery efforts in the areas affected by the severe winter storm, straight-line winds, flooding and wildfires from March 14-19, 2025. “HUD serves every American and works alongside communities to help…
HUD: Disaster Aid and Financial Flexibility Provided for Nebraska Residents Impacted by Natural Disasters
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to the State of Nebraska to supplement recovery efforts in the areas affected by the severe winter storm and straight-line winds from March 18-19, 2025. “HUD serves every American and works alongside communities to help rebuild homes,…