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Banking News
ABA Urges Bankers to Comment on NCUA’s Sub-Debt Proposal (7/6/2020) 
The comment period on the NCUA's subordinated debt proposal set to close on July 8.
 
Trump Signs PPP Extension into Law (7/6/2020) 
President Trump over the weekend signed into law the extension for the SBA's PPP.
 
CFPB Updates Rulemaking Agenda (7/6/2020) 
The CFPB announced updates to its rulemaking agenda.
 
Supreme Court: CFPB Director Must Be Removable ‘At Will’ (6/30/2020) 
The Supreme Court held that the CFPB may continue to operate but the director must be at will.
 
OCC Warns of Compliance Risk as Banks Adapt to COVID-19 Changes (6/30/2020) 
The OCC cautioned banks to be vigilant about compliance risks due to their response to COVID-19.
 
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