Florida Governor Suspends Foreclosures and Evictions for 45 Days
Governor Ron DeSantis issued Executive Order 20-94 that suspends foreclosures and evictions for 45 days.

Florida Governor Issues Statewide Stay at Home Executive Order
Governor Ron DeSantis issued a statewide Stay at Home Executive Order (Order) in response to the COVID-19. The Order takes effect at 12:01 am, Friday, April 3.

March 24, 2020
Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers
Secretary Steven Mnuchin released a statement on Financial Services Sector Essential Critical Infrastructure Workers.

March 22, 2020

Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19
The federal financial institution regulatory agencies and the state banking regulators issued an interagency statement encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications.

Financial Services Sector Essential Critical Infrastructure Workers
Secretary Steven Mnuchin issues memorandum for Financial Services Sector

March 19, 2020
Joint Statement on CRA Consideration for Activities in Response to the COVID-19
The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency (the agencies) recognize the potential for the Coronavirus Disease (referred to as COVID-19) to adversely affect the customers and operations of financial institutions. The agencies encourage financial institutions to work with affected customers and communities, particularly those that are low- and moderate-income. Pursuant to the Community Reinvestment Act (CRA), the agencies will provide favorable consideration of certain retail banking services, retail lending activities, and community development activities related to this national emergency.

March 17, 2020
Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses 
The federal bank regulatory agencies today announced two actions to support the U.S. economy and allow banks to continue lending to households and businesses. They are:
A statement encouraging banks to use their resources to support households and businesses; and
A technical change to phase in, as intended, the automatic distribution restrictions gradually if a firm’s capital levels decline.

March 17, 2020
Federal Register Notice  
Interim final rule that revises the definition of eligible retained income for all depository institutions, bank holding companies and savings and loan holding companies subject to the agencies' capital rule .

March 16, 2020
Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window 
The federal bank regulatory agencies today released a statement encouraging banks to use the Federal Reserve’s “discount window” so that they can continue supporting households and businesses.The discount window provides short-term loans to banks and plays an important role in supporting the liquidity and stability of the banking system.

March 15, 2020
Federal Reserve issues FOMC Statement 
The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook. In light of these developments, the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent. The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.