A new House bill would exempt PPP loans from small banks' asset totals.If the bill becomes law, it could free up smaller FIs to continue participating in future government stimulus measures as the coronavirus pandemic drags on. If banks are concerned that relief lending would result in onerous, unmanageable regulatory obligations, they may not be willing to continue lending in the future.
That would significantly dent the government's effectiveness in distributing relief funds: 5,338 lenders with less than $10 billion in assets were responsible for a total of $233.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside yachting's sexual harassment and bullying problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. capthlr how true is this?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside independent ad agency The Richards Group's problematic culture - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar: How to invest ahead of 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I think there is a mistake coz you put Tom Lee's picture instead. You're welcome.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bill Gross fights neighbor over sculpture, 'Gilligan's Island' theme - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Those crazy kids and their spats! Some people need to grow up.
Source: BusinessInsider - 🏆 729. / 51 Read more »
HSBC stock price rises after Europe's biggest bank posts Q3 earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 90% of news about covid and trump Is relocation to Hong Kong still on the agenda?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Jack Ma: Global banking rules are outdated, set by 'old people's club' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I see you Jack Ma 👀👀👀 Looking for Awesome Logo, Brochure, Flyer, Brand Identify, Business Card, Background Remover?Contact
Source: BusinessInsider - 🏆 729. / 51 Read more »