On his first day in office, Acting Comptroller of the Currency Brian Brooks finalized a proposed regulation that codifies the valid-when-made principle, that a loan that is legally origin...
The contours of the new federal programs to support businesses change almost daily. Our updated deck sets out what companies need to know about the CARES Act and other Federal Reserve pro...
The Federal Reserve has taken temporary measures (and has published FAQs) to (1) lift the net debit cap on and waive fees for daylight overdrafts for financially sound depository institut...
This table presents key information about the Federal Reserve’s Main Street New Loan Facility and Main Street Expanded Loan Facility, programs offering loans to small and medium-sized b...
The government’s response to the COVID-19 pandemic and its collateral damage to the economy have been unprecedented. The government has established several programs for people who work ...
President Trump signed a $484 billion stimulus bill into law today as part of the U.S. government’s ongoing efforts to contain the economic damage from the COVID-19. The bill passed th...
We have prepared a concise table of the many Fed programs to help companies, financial institutions and markets in the coronavirus (COVID-19) emergency. The table covers discount window a...
The Federal Reserve yesterday announced the opening of the registration process, and issued registration instructions and revised FAQs, for its Commercial Paper Funding Facility (CPFF), o...
In light of the many questions our clients have been asking about the legal implications of the coronavirus (COVID-19) crisis and government responses to the pandemic, Davis Polk this wee...
