Proposed legislation supported by the American Bankers Association would require the Small Business Administration to provide and publish more details about the risks of the 7(a) lending program. The SBA is currently required to conduct an annual risk analysis of its flagship small business loan program and report the results to Congress. 7(a) Program Risk […]
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When the company you work for goes public, your capital goes from an intangible asset to one that has a publicly traded market price. But even though your net worth fluctuates in real time, you can’t sell immediately. After an initial public offering, employees, executives, founders, and early investors are typically tied into a lock-up […]
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The House of Representatives today voted to pass bipartisan legislation to implement the phase-out of pennies by providing a framework for rounding cash when exact change cannot be provided. Last year, President Trump ordered the Treasury Department to stop producing pennies, noting that each penny costs more than it’s worth. Law on Common Cents (HR […]
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Please enable JavaScript if it is disabled in your browser or access the information using the links provided below. July 7, 2026 The Federal Reserve Board is seeking comments on a proposal to modify its requirements for banks to maintain anti-money laundering programs For release at 3:00 pm EDT […]
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Please enable JavaScript if it is disabled in your browser or access the information using the links provided below. July 8, 2026 Minutes of the Federal Open Market Committee, from June 16 to 17, 2026 For release at 2:00 pm EDT The Federal Reserve on Wednesday released the minutes […]
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Please enable JavaScript if it is disabled in your browser or access the information using the links provided below. 09 July 2026 Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc. For release at 11:00 am EDT The Federal Reserve Board on […]
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Please enable JavaScript if it is disabled in your browser or access the information using the links provided below. 09 July 2026 The Federal Reserve announces the leadership and goals of its working groups to advance the conduct of monetary policy For release at 3:00 pm EDT The Federal […]
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Please enable JavaScript if it is disabled in your browser or access the information using the links provided below. July 14, 2026 Minutes of the Council discount rate meetings of June 8 and 17, 2026 For release at 2:00 pm EDT The Federal Reserve Board on Tuesday released the […]
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Editor’s note: This post was originally published in June 2019. As summer approaches, it’s normal to look at your lawn and wonder if the grass could be greener. But who has the money to landscape their entire yard or even just treat their lawn? After all, landscaping improvements can come at a high price. If […]
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Editor’s note: This post was originally published in July 2019. If you find an error on your credit reports, there are ways to update or remove the information. Thanks to the Fair Credit Reporting Act (FCRA), you have the right to correct incomplete, inaccurate or misleading information on your credit reports. You can address credit […]
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