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Regulatory Requirements Small Business Administration Trump Administration

Cooley LLP

To Carry Out EO, SBA Orders Its Lenders to Review and End Debanking Practices

Cooley LLP on

On August 26, the US Small Business Administration (SBA) instructed its network of more than 5,000 lenders to “cease any politicized or unlawful debanking actions,” in direct response to President Donald Trump’s recent...more

Davis Wright Tremaine LLP

Looking Ahead on Debanking Sweep-Up

Continuing its rapid pace of Executive Orders (EOs), the Trump Administration recently unveiled an Executive Order designed to prevent so-called "debanking," a practice whereby financial institutions refuse to serve clients...more

Woods Rogers

“Fair Banking” Executive Order Directs Federal Regulators to Address Debanking

Woods Rogers on

President Trump’s executive order, “Guaranteeing Fair Banking for All Americans,” asserts that financial institutions have denied or terminated financial services to “persons participating in activities or causes commonly...more

Troutman Pepper Locke

SBA Orders Small Business Lenders to End Debanking Practices Pursuant to President Trump’s Executive Order

Troutman Pepper Locke on

On August 26, the U.S. Small Business Administration (SBA) took action to enforce President Trump’s directive by issuing a letter to its network of over 5,000 lenders. This letter mandates the cessation of alleged politicized...more

DLA Piper

“Fair Banking” Executive Order Targets Politicized Debanking and Reputational Risk

DLA Piper on

On August 7, 2025, President Donald Trump issued an Executive Order entitled “Guaranteeing Fair Banking for all Americans” (EO). The EO broadly prohibits banks and other financial institutions from engaging in “politicized or...more

Amundsen Davis LLC

President Trump Takes Action to Ensure Fair Banking for All Americans

Amundsen Davis LLC on

On August 7, 2025, President Donald J. Trump signed an executive order titled “Guaranteeing Fair Banking for All Americans.” The order asserts that financial institutions have restricted the access of individuals and...more

Bass, Berry & Sims PLC

Small Business Alert – Possible End for the Rule of Two?

Bass, Berry & Sims PLC on

The federal government’s commitment to supporting small businesses through procurement remains strong, but the shape and scale of that support may soon look very different. In accordance with recent executive orders, sweeping...more

Hogan Lovells

Small Business Runway Extension Act of 2018 Becomes Law: Increases Revenue Look-back Period to Five Years for Small Business Size...

Hogan Lovells on

On December 17, 2018, the Small Business Runway Extension Act of 2018 (“Act”) (H.R. 6330) was passed by President Trump into law. ...more

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