January 08, 2025
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CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
January 7, 2025
The Consumer Financial Protection Bureau finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
U.S. Department of the Treasury Releases Final Rules for Technology-Neutral Clean Electricity Credits
January 7, 2025
The U.S. Department of the Treasury and the IRS released final rules for the Clean Electricity Investment and Production Tax Credits–also known as the technology-neutral credits–in tax code sections 45Y and 48E.
Community Banker Optimism Surges at End of Year
January 7, 2025
The Conference of State Bank Supervisors’ (CSBS) fourth quarter 2024 CSBS Community Bank Sentiment Index (CBSI) surged 17 points to 127 compared to last quarter’s survey, reaching its highest mark since the survey began in 2019.
Blog: NMLS Modernization: What We’ve Learned From Users So Far and What’s Next
January 7, 2025
The Conference of State Bank Supervisors published a blog post entitled “NMLS Modernization: What We’ve Learned From Users So Far and What’s Next.”
Chairman Rostin Behnam Announces Departure from CFTC
January 7, 2025
Commodity Futures Trading Commission Chair Rostin Behnam announced he will be stepping down from his position as Chair on January 20th.
Housing Sentiment Finishes 2024 Higher Despite December Dip
January 7, 2025
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 1.9 points in December to 73.1 but remained substantially higher than year-ago levels due in part to ongoing mortgage rate optimism.
Consolidated balance sheet - 30 September 2023
January 7, 2025
The Bank of England published its consolidated balance sheet for the quarter ending September 30, 2023.
Resolution assessment: Expected reporting and disclosure dates
January 7, 2025
The Prudential Regulation Authority issued guidance on expectations for data of reports under Resolution Assessment 3.1 and disclosures under Resolution Assessment 4.1.
U.S. Department of the Treasury – Scott Bessent (nominated November 2024); Janet Yellen (effective January 26, 2021)
Federal Reserve Board – Jerome H. Powell (effective May 23, 2022)
Federal Reserve Bank of New York – John C. Williams (effective June 18, 2018)
Federal Reserve Bank of Boston – Susan M. Collins (effective July 1, 2022)
Federal Deposit Insurance Corporation – Martin Gruenberg (resigning effective January 19, 2025)
Office of the Comptroller of the Currency – Michael Hsu (acting Comptroller, effective May 10, 2021)
Securities and Exchange Commission – Paul Atkins (nominated December 2024); Gary Gensler (resigning January 20, 2025)
Commodity Futures Trading Commission – Rostin Behnam (resigning effective January 20, 2025)
Consumer Financial Protection Bureau – Rohit Chopra (effective October 12, 2021)
National Credit Union Administration – Todd M. Harper (effective January 20, 2021)
Small Business Administration – Kelly Loeffler (nominated December 2024); Isabella Casillas Guzman (effective March 16, 2021)
U.S. Department of Housing and Urban Development – Scott Turner (nominated November 2024); Marcia Fudge (resigned March 11, 2024, effective March 22, 2024)
Federal Housing Finance Agency – Sandra L. Thompson (effective June 22, 2022)
U.S. Department of Education – Linda McMahon (nominated November 2024); Dr. Miguel Cardona (effective March 2, 2021)
Financial Crimes Enforcement Network – Andrea Gacki (effective July 13, 2023)
Click here to read more from our Coronavirus series.
Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), Enacted March 27, 2020.
Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, Enacted April 24, 2020.
Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, Enacted June 5, 2020.
Click here to view the full text of the Consolidated Appropriations Act, 2021, Enacted December 27, 2020.
Click here to view the full text of the American Rescue Plan of 2021, Enacted March 11, 2021.
Click here to view the full text of the PPP Extension Act of 2021, Enacted March 30, 2021.
Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing, and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services, and House Committee on Small Business