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What's up
  • [ February 11, 2026 ] Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS NCUA
  • [ February 10, 2026 ] Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank NCUA
  • [ February 10, 2026 ] FDIC gives more time to comment on GENIUS Act rule proposal FDIC
  • [ February 10, 2026 ] 18% loan rate ceiling remains in effect for federal credit unions another 18 months NCUA
  • [ February 9, 2026 ] GAO stands by report on reorg status of CFPB in face of stonewalling by bureau CFPB
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Nearly half of all loans made for COVID-19 era programs repaid – but losses mount on remaining

December 19, 2024 0

Nearly half of the loans made through emergency lending programs of the Federal Reserve in response to the coronavirus crisis in 2020 have been repaid, according to a report issued Thursday by the congressional watchdog. […]

The Fed

With latest changes, nonprofits have more access to Fed’s Main Street Lending Program

July 17, 2020 0

Nonprofit organizations such as educational institutions, hospitals, and social service organizations will have more access to credit through the Federal Reserve’s Main Street Lending Program (MSLP) as a result of modifications that added two new […]

COVID-19 actions

Fed’s Main Street Lending Program now ‘fully operational,’ ready to purchase loan participations

July 6, 2020 0

The long-promised Main Street Lending Program (MSLP) of the Federal Reserve is now fully operational and ready to purchase eligible loan participations by registered lenders, the Boston arm of the central bank said Monday. The […]

COVID-19 actions

Loan amounts, terms for Main Street Lending Program revised to accommodate more small, medium-size businesses

June 8, 2020 0

Changes intended to expand accessibility to its the Main Street Lending Program (MSLP), expected to open for registration soon, were announced Monday by the Federal Reserve Board, which said the changes will make the program […]

The Fed

Fed acts to pump $2.3 trillion more into economy – including $600 billion for ‘Main Street’ lending facility

April 9, 2020 0

Up to $2.3 trillion in loans to support the economy – including $600 billion to purchase loans to small- and mid-sized businesses – was announced Thursday by the Federal Reserve as a result of “additional […]

Today

  • Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

    February 11, 2026 0
    Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
  • Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

    February 10, 2026 0
    Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
  • FDIC gives more time to comment on GENIUS Act rule proposal

    February 10, 2026 0
    The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]
  • 18% loan rate ceiling remains in effect for federal credit unions another 18 months

    February 10, 2026 0
    The federal interest rate ceiling for loans by federal credit unions will remain at 18% under action last week by the National Credit Union Administration (NCUA) Board, the agency said. The board – which now consists solely of Republican Kyle [...]
  • GAO stands by report on reorg status of CFPB in face of stonewalling by bureau

    February 9, 2026 0
    Stonewalling by the federal consumer financial protection agency of the congressional watchdog is outlined in a report issued publicly Monday by the watchdog agency – which includes the comment “we stand by the accuracy of the facts presented in our [...]
  • Fed keeps current stress capital buffer for 2026 round of tests, this year with 32 large banks

    February 5, 2026 0
    Thirty-two large banks this year will be evaluated against a severe global recession with heightened stress in both commercial and residential real estate and corporate debt markets under tests announced by the Federal Reserve late Wednesday. The Fed said, however, [...]
  • FDIC: 4 out of 49 banks with November CRA ratings were ‘outstanding’

    February 5, 2026 0
    Forty-five banks were deemed “satisfactory” and four “outstanding” in evaluation ratings assigned in November under the federal bank deposit insurer’s anti-redlining Community Reinvestment Act (CRA) rules, according to data released Thursday. The four banks rated “outstanding” by the Federal Deposit [...]

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