Johnson & Johnson said Friday that its single-dose coronavirus vaccine was 72% effective in protecting against moderate and severe Covid-19 in the US, but was less potent in other regions.
New Covid-19 cases continue to trend downward, with 16% fewer cases reported this week than last, but 95% of the US population lives in a county that the federal government considers to be a “sustained hotspot," according to a report.
More than 24.6 million doses of Covid-19 vaccine have been administered in the US, according to data published Wednesday by the US Centers for Disease Control and Prevention.
The SBA issued a procedural notice and additional resources on resolving issues with first-draw Paycheck Protection Program loans to ensure borrower eligibility for second-draw loans, including codes to submit to the PPP loan platform.
The USDA announced the temporary suspension of past-due debt collections and foreclosures for distressed borrowers under the Farm Service Agency's Farm Storage Facility Loan and the Direct Farm Loan programs.
In addition to its guidance on PPP loan issues, the SBA also issued guidance on Economic Aid Act provisions affecting the agency's 7(a) and 504 loan programs.
The Centers for Disease Control and Prevention reported today that nearly 20 million people have received at least one dose of the vaccine, and nearly 3.5 million people have been fully vaccinated.
The SBA said it is working to improve reviews of first-draw Paycheck Protection Program loans. The agency said anomalies—mostly data mismatches and eligibility concerns—were identified in approximately 4.7 percent of lender-submitted data.
Community banks with less than $100 million in assets are offering better overdraft pricing to consumers than "rival" credit unions, according to a Moebs Services report covered by CU Today.
ICBA is calling on community bankers to complete its State of Advocacy survey to help identify new and existing community banker relationships with members of Congress.
The number of new US coronavirus cases reported over the past seven days is 22% lower than a week ago and the seven-day average has been trending down for 10 days, according to an analysis of data from Johns Hopkins University.
The Government Accountability Office will be surveying a sample of Paycheck Protection Program lenders in the coming weeks to gather feedback about their experiences with the program.
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following congratulatory statement on Janet Yellen's confirmation for Treasury secretary.
The latest coronavirus update from FS-ISAC reports that a bipartisan group of US lawmakers met virtually with Biden administration officials Sunday to push forward plans for vaccine distribution and another massive stimulus.
The SBA on Saturday said it is working to ensure the Paycheck Protection Program appropriately accounts for the changes that businesses may have undergone since the beginning of the pandemic.
The Treasury Department announced plans to help the up to 8 million households that have not yet been able to access either round of Economic Impact Payments.
The Senate Finance Committee unanimously approved the nomination of Janet Yellen for Treasury secretary. The committee vote sends Yellen's nomination to the full Senate for a final confirmation vote, which is scheduled for tonight.
ICBA said it supports Nacha's plan to raise the individual same-day ACH transaction limit from $100,000 to $1 million in 2022. However, ICBA urged Nacha to assess the impact of such an increase before proceeding with its plan to remove dollar limits altogether in 2024.
