CFPB: Semi-Annual Report to Congress Issued for the January to June 2026 Period
The Consumer Financial Protection Bureau is pleased to present our Semi-Annual Report to Congress for the period beginning January 1, 2026, and ending June 30, 2026, except where otherwise noted. Message from Acting Director Paoletta This Report covers the remaining six months of the Bureau’s work under the tenure of then-Acting Director R. Vought, who…
SBA: Agency Asks Public to Report Suspected Pandemic-Era Fraud Through DOJ Whistleblower Portal
Whistleblower Program Offers Incentives for Reporting PPP and COVID EIDL Fraud Following President Donald J. Trump’s announcement establishing the Fraud Whistleblower Incentive Program (WHIP), the U.S. Small Business Administration (SBA) today called on members of the public, federal employees, lenders, and small business owners to report suspected SBA loan and grant fraud through the new centralized federal portal at america.gov/fraud. …
ABA: New Survey Finds U.S. Consumers Are Wary of AI Agents Handling Their Money, Bank Account Information
As a growing number of companies offer artificial intelligence (AI) agents to carry out everyday tasks, a new national survey conducted by Morning Consult on behalf of the American Bankers Association finds that Americans are wary of using them to help manage their personal finances. Key takeaways from the survey, unveiled today at ABA’s 2026 Annual…
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…
SBA: Historic Guidance Issued to Recognize America’s Content Creator Economy
Agency clarifies that qualifying content creators are classified under NAICS 5121 for SBA program eligibility Today, the U.S. Small Business Administration (SBA) announced the first federal small-business classification guidance specifically recognizing qualifying content creators within the SBA’s lending and contracting framework. Following SBA’s recent small business size standards proposal, the agency clarified that the nation’s 27 million creator-led businesses are…
CFPB: Fair Lending Report of the Consumer Financial Protection Bureau Issued for 2025
In 2025, the Consumer Financial Protection Bureau (CFPB) transformed its fair lending program by refocusing its regulatory, supervisory, and enforcement activities on its statutory authority and identified consumer harm. Under previous administrations, the CFPB was weaponized and had gone beyond its statutory mandate. In the area of fair lending specifically, CFPB leadership uncovered egregious examples…
Treasury: U.S. Department of the Treasury and U.S. Department of Education Launch New Defaulted Loans Support Center
The U.S. Department of the Treasury (Treasury) and the U.S. Department of Education (ED) announced the launch of the Defaulted Loans Support Center, a new online portal that gives Americans with defaulted federal student loans a simpler way to understand their options, address default, and return to repayment. The launch of this portal is part of the…
HUD: Multiple Fair Housing Act Charges Announced
Cuts Biden Backlog by 46%, Violations including Disability, Sexual Harassment, and Familial Status Discrimination HUD today announced nine recent charges of discrimination under the Fair Housing Act, reflecting ongoing enforcement of federal fair housing protections by HUD’s Office of Fair Housing and Equal Opportunity (FHEO). While vigorously investigating and prosecuting cases of actual unlawful discrimination,…
ABA: Bank Economists Expect Softer Credit Conditions Expected Over Next Six Months
About the Credit Conditions IndexThe ABA Credit Conditions Index is a suite of proprietary diffusion indices derived by the American Bankers Association from surveys of bank chief economists from major North American banking institutions. Since 2002, the bank economists have forecasted credit quality and availability for both businesses and consumers, indicating whether they expect conditions…
OCC: Mortgage Performance Report for Second Quarter of 2026 Released
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the second quarter of 2026. The OCC Mortgage Metrics Report, Second Quarter 2026 showed that 97.7 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…