E-News 8-29-25
FEDERAL GOVERNMENT RELATIONS
SBA orders lenders to stop ‘debanking’
The Small Business Administration ordered its network of more than 5,000 lenders Wednesday to end any practices that result in “debanking,” adding that lenders who fail to comply will “lose their good standing with the SBA and will be subjected to additional punitive measures.”
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Cook files lawsuit to overturn attempted removal from Fed board
Federal Reserve Governor Lisa Cook filed a lawsuit Thursday against President Trump for his attempt to remove her from the Fed board, saying the president’s...