The Small Business Administration has issued an interim final rule that provides additional implementation guidelines and requirements for its Paycheck Protection Program (PPP) to aid small businesses hit hard by the COVID-19 crisis.
The Consumer Financial Protection Bureau (Bureau) today released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic.
Provisions of the Families First Coronavirus Response Act include two employment-related provisions: Emergency Paid Sick Leave and an amendment to the Family and Medical Leave Act.
Scammers are taking advantage of the coronavirus (COVID-19) pandemic to con people into giving up their money. It can be even harder to prevent scams right now because people 65 and older aren’t interacting with as many friends, neighbors and senior service providers due to efforts to slow the spread of disease.
Federally insured credit unions can learn more about the agency’s response to the COVID-19 outbreak by participating in a webinar hosted by the National Credit Union Administration on Tuesday, March 31, beginning at 2 p.m.
Recent events associated with the pandemic have highlighted the significance of lending to depository institutions to support liquidity and stability within the financial system.
The U.S. Department of Labor has released employer guidance for compliance with the Families First Coronavirus Response Act which takes effect Thursday, April 1, 2020 and includes two employment-related provisions: Emergency Paid Sick Leave and an amendment to the Family and Medical Leave Act.
The Consumer Financial Protection Bureau (CFPB) today announced that it is providing needed flexibility to enable financial companies to work with customers in need as they respond to the COVID-19 pandemic.
The federal financial institution regulatory agencies and the state banking regulators, will host an interagency webinar on Friday, March 27, 2020, at 2 p.m. Eastern.
The Consumer Financial Protection Bureau (Bureau) has recently released several resources to help consumers take steps to protect their finances during the COVID-19 pandemic, including how to avoid financial scams and submit complaints to the Bureau.