News Topic: Government shutdown

Events like the recent government shutdown present opportunities for banks to help customers when they need it most. ... Read full article

Readers weigh the BB&T-SunTrust deal, consider how a new accounting standard could affect Fannie Mae and Freddie Mac, debate the impact of the government shutdown on credit histories and more. ... Read full article

The agency's update is good news for banks digesting data suggesting that nonbanks cut into their share of small-business loans during the partial government shutdown. ... Read full article

As another possible shutdown looms, concerns about furloughed workers’ credit histories have shifted the reform discussion away from data security. ... Read full article

If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt. ... Read full article

Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again. ... Read full article

The New York company will also match donations made by its employees to Feeding America and United Way Worldwide. ... Read full article

With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says. ... Read full article

The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis. ... Read full article

U.S. Commerce Secretary Wilbur Ross said unpaid federal workers could borrow to tide themselves over during the government shutdown rather than call in sick to earn a paycheck elsewhere. ... Read full article

Industry groups and lawmakers have joined bankers in insisting the agency develop a plan to resolve the paperwork problem before the partial government shutdown ends. ... Read full article

For thousands of government employees, credit card bills are coming due for travel and other expenses they incurred before the shutdown. ... Read full article

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt. ... Read full article

CFPB to scrap key underwriting portion of payday rule; Fiserv-First Data — why small banks fear big fintech; banks, credit unions help federal workers hurt by shutdown; and more from this week's most-read stories. ... Read full article

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer. ... Read full article

Farm Services Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans. ... Read full article