ICBA: Statement on CFPB’s Final Rule to Implement Section 1071 Small-Business Reporting Requirements Issued
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s final rule opens in a new tabto implement Section 1071 small-business reporting requirements. “ICBA commends the administration for heeding community banker concerns with the CFPB’s 1071 rule and making needed improvements to help mitigate the…
ABA: Statement on CFPB’s Section 1071 Final Rule
“We applaud the CFPB for finalizing a streamlined Section 1071 rule that addresses significant legal and operational concerns from the prior rule while providing clearer, more workable requirements for banks. This final 1071 rule appropriately refocuses on core lenders, products and data points without imposing undue compliance costs that would make it harder for America’s…
SBA: National Small Business Week 2026 Virtual Summit Agenda Announced
America’s Small Business Development Center to Co-host Free Two-Day Virtual Summit from May 5-6 Today, the U.S. Small Business Administration announced its full agendafor the National Small Business Week 2026 Virtual Summit, a free two-day online event that will take place May 5-6. The event is co-sponsored by America’s Small Business Development Center (ASBDC) and will feature educational workshops presented by cosponsors, access to…
ICBA: ICBA Commends House Financial Services Committee for Advancing 1071 Relief for Community Banks
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House Financial Services Committee’s passage of the Small LENDER Act (H.R. 941), ICBA-advocated legislation to exempt most community banks from small-business data collection and reporting requirements under Section 1071 of the Dodd-Frank Act. “ICBA and the nation’s…
SBA: National Small Business Week 2026 Cosponsors Announced
America’s SBDC to Co-Host NSBW Two-Day Virtual Summit Today, the U.S. Small Business Administration announced its full list of cosponsors for National Small Business Week 2026, which will take place from May 3-9. America’s Small Business Development Center (ASBDC) will cohost this year’sVirtual Summit, a free two-day online event that will take place May 5-6, featuring educational workshops presented by cosponsors, access…
SBA: Relief Offered to Hawaii Small Businesses and Private Nonprofits Affected by Drought
Low interest disaster loans now available The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Hawaii to offset economic losses caused by drought beginning Jan. 1. The declaration covers the Hawaii counties of Hawaii, Honolulu, Kalawao, Kauai, and Maui. Under this declaration,…
SBA: Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorized
S. 3971 backs America’s Seed Fund programs for five years, adds reforms to strengthen national security, accountability, and innovation Today, President Donald J. Trump signed into law S. 3971, the Small Business Innovation and Economic Security Act, which reauthorizes and reforms the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBA Administrator Kelly…
SBA: Dates Announced for National Small Business Week 2026 Virtual Summit
Free online summit May 5-6 offers educational workshops, networking, and information on federal resources Today, the U.S. Small Business Administration and America’s Small Business Development Center (SBDC) announced the dates for the National Small Business Week 2026 Virtual Summit. The free online summit, cosponsored by America’s SBDC, will take place on May 5 and 6 from 11 a.m. to 6 p.m….
SBA: New “Made in America Loan Guarantee” Announced to Restore Manufacturing Dominance
90% Loan Guarantee will Help Manufacturers Reshore American Industry, Jobs, and National Security Today, the U.S. Small Business Administration (SBA) announced that small manufacturers across the country will soon be eligible for enhanced support through the SBA’s International Trade Loan (ITL) Program. The loans, which come with a 90% federal guarantee, will help manufacturers expand facilities, hire…
SBA: National Small Business Week 2026 Award Winners Announced
Administrator Loeffler to Recognize Honorees during Ceremony in Washington, D.C. on May 3 Today, the U.S. Small Business Administration (SBA) announced its state and territory Small Business Persons of the Year for National Small Business Week (NSBW), which will take place from May 3–9. SBA Administrator Kelly Loeffler will recognize the state, territory, and specialty award winners at a…