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News & Headlines

U.S. Small Business Administration Releases FAQs Regarding Faith-Based Organizations

The U.S. Small Business Administration has released a document that answers questions regarding faith-based organizations and their ability to participate in the Paycheck Protection Program and the Economic Injury Disaster Loan Program.

Regulators Will Consider Comments on Volcker Rule Modifications Following Deadline

Five federal regulators announced they will consider comments submitted before May 1 on their proposal to modify the Volcker rule’s general prohibition on banking entities investing in or sponsoring hedge funds or private equity funds.

Federal Reserve Announces Temporary Change to Supplementary Leverage Ratio

To ease strains in the Treasury market resulting from the coronavirus and increase banks' ability to provide credit to households/businesses, the Federal Reserve announced a temporary change to its supplementary leverage ratio rule.

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