ICBA encouraged the OCC to rescind its proposal to require national banks over $2.5 billion in assets to complete an Information Collection Survey to establish benchmarks for its 2020 Community Reinvestment Act rule.
President Joe Biden is expected to nominate former Treasury Department official Michael Barr for comptroller of the currency, according to reports from Politico and other news outlets citing anonymous sources.
The vaccine developed by Pfizer-BioNTech is likely to be just as effective against the highly transmissible strain of the coronavirus that was first discovered in the United Kingdom, according to more extensive analysis released Wednesday by the two companies.
The USDA issued its final rule regulating the production of hemp. The rule—which takes effect March 22—includes licensing and recordkeeping requirements, procedures for testing THC levels, compliance provisions, and more.
In today's coronavirus update from FS-ISAC, the Centers for Disease Control and Prevention says more than 11 million received their first coronavirus shots – representing an increase of about 1 million administered in the U.S. since Wednesday.
The SBA will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets at 9 a.m. (Eastern time) today. The reopening applies to both first- and second-draw applications.