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Kraninger steps down from CFPB

Kraninger steps down from CFPB Kathy Kraninger announced Wednesday that she resigned as Consumer Financial Protection Bureau director, as requested by President Joe Biden's administration. Kathy...

Jan 21, 2021
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Article
Consumer Financial Protection Bureau (CFPB)

IRS confirms SBA 7(a) payments no longer taxable income

IRS confirms SBA 7(a) payments no longer taxable income The IRS this week issued guidance clarifying that SBA payments on existing 7(a) and 504 loans under Section 1122 of the CARES Act are no...

Jan 22, 2021
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Article
Advocacy Crisis Preparedness

FS-ISAC Coronavirus Update, Jan. 21, 2021

FS-ISAC Coronavirus Update, Jan. 21, 2021 The U.S. reported 4,409 COVID-related deaths on Wednesday, the highest number of daily fatalities on record, according to this latest coronavirus update...

Jan 21, 2021
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Article
Advocacy Operational Risk Crisis Preparedness +1 More...

PPP resources available directly from SBA

PPP resources available directly from SBA Community bankers have reported problems with NewsWatch Today links to the SBA's Paycheck Protection Program resources, including application forms and...

Jan 21, 2021
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Article
Advocacy Crisis Preparedness Lending