U.S. Treasury Department

President Donald Trump on his Truth Social media site praised the suspension of enforcement of the rule and said the database is “outrageous and invasive.” read more >

While enforcement can now proceed, Congress is considering bills to either extend the reporting deadline to 2026 or repeal the act entirely. read more >

Complying with the Corporate Transparency Act starts with awareness. read more >

Yellen, in her prepared remarks, says the government's intervention was necessary to "protect the broader banking system" and more rescue efforts could be necessary. read more >

The New Markets Tax Credit program allows businesses to make equity investments in severely distressed rural and urban communities. read more >

There’s always a lot of fraud. But there really has been more of it lately. read more >

It took more than a decade for Southern Bancorp Bank to double its tally of total assets from $1 billion to $2 billion. The top executive of the bank’s parent company expects the journey to $4 billion will be much shorter. read more >

During 2021, Arkansas has seen business rebound and reset. Entrepreneurs have had to flex their creative muscle during the “creative destruction” phase — a phenomenon that usually results in economic progress. read more >

The 14 larger Arkansas cities receiving nearly $209 million in federal pandemic recovery funds aren’t looking a gift horse in the mouth — even one that comes with 150 pages of riding instructions. read more >

The second $284 billion Paycheck Protection Program, which will offer more forgivable loans designed to soften job losses from the pandemic, began accepting applications from businesses today. read more >

A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits. read more >

Bankers get some money back, but federal process should be simpler, they say. read more >

FNBC Bancorp, the holding company for FNBC Bank, has been awarded a $600,000 Financial Assistance grant by the U.S. Treasury Department’s CDFI fund for its service to rural and underserved communities. read more >