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.
The FBI issued an alert on violence related to the electoral certification and inauguration of President-elect Joe Biden. The alert recaps investigative activity and provides a national threat picture through next week's inauguration.
The National Credit Union Administration issued a proposed rule that would expand credit union service organizations' permissible services and activities to include anything federal credit unions can currently do.
The Federal Housing Finance Agency and Treasury Department updated the Preferred Stock Purchase Agreements allowing Fannie Mae and Freddie Mac to continue to retain earnings until they satisfy the requirements of the 2020 GSE capital rule.
Today's COVID-19 update from FS-ISAC has the latest from the Centers for Disease Control and Prevention, up-to-date information on the vaccine rollout, and considerations that affect businesses here in the U.S.
ICBA today called on the FDIC to reject GM Financial Bank's deposit insurance application as an industrial loan company, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.
The IRS said it is working with the tax-preparation industry to redirect second Economic Impact Payments that for some recipients went to temporary bank accounts established when their 2019 tax returns were filed.
ICBA believes that the policy recommendations outlined in this letter will play a critical role in creating a robust post-pandemic recovery and charting a course for inclusive growth and a more competitive economy that serves small businesses and consumers.