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FDIC to Congress: We're working on PPP asset-threshold impact

FDIC to Congress: We're working on PPP asset-threshold impact The FDIC told a group of House Republicans that it is exploring options to address the impact of Paycheck Protection Program loans on...

Oct 05, 2020
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Article
Advocacy Crisis Preparedness Lending

Fed outlook assumes stimulus spending: minutes

Fed outlook assumes stimulus spending: minutes Many Federal Open Market Committee members are predicating their economic outlook on the passage of additional economic stimulus spending, according...

Oct 08, 2020
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Article
Advocacy

SBA issues guidance on PPP deferral period

SBA issues guidance on PPP deferral period The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on the extended deferral period for borrower payments on...

Oct 08, 2020
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Article
Advocacy Crisis Preparedness Lending

Credit union acquisitions demand hearing: ICBA

Credit union acquisitions demand hearing: ICBA Credit union acquisitions of community banks represent an "obscene" use of taxpayer subsidies and should be reviewed by Congress, ICBA's Paul Merski...

Oct 08, 2020
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Article
Credit Unions