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Banking News
House Republicans Call for Streamlined PPP Forgiveness Application (6/1/2020) 
A group of House Republicans are urging for simplified processes for PPP borrowers.
 
State Associations Flag Concerns Over ‘Burdensome’ PPP Forgiveness Application (5/29/2020) 
Bankers associations raised concerns that the forgiveness app for PPP loans may be burdensome.
 
SBA, Treasury Allocate $10B of Round Two PPP Funds for CDFIs (5/29/2020) 
$10 billion of PPP funds to be used by community development financial institutions to be set aside.
 
House Advances Bill Providing Flexibility for PPP Borrowers (5/29/2020) 
The House passed a bipartisan bill that would provide greater flexibility for PPP borrowers.
 
OCC Rule Clarifies Virtual Meeting Options for National Banks, Federal Thrifts (5/28/2020) 
The OCC issued a rule clarifying that national banks and federal thrifts may hold virtual meetings.
 
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