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Search Results: keywords:"risk analysis"

  • H.R. 1804, known as the “7(a) Loan Agent Oversight Act,” proposes changes to the Small Business Act to improve transparency about agents involved in the 7(a) loan program. The bill requires the Director to submit an annual report to Congress highlighting details about the...

    Simple Explanation

    H.R. 1804 is a bill that asks for a yearly report to help everyone understand who is helping small businesses get loans, if there are any problems, and how much money people are paying to get these loans. This way, people can make sure everything is fair and working well.

  • H.R. 1804, known as the "7(a) Loan Agent Oversight Act," aims to amend the Small Business Act to ensure comprehensive reporting on 7(a) loan agents. The bill mandates the Director to submit an annual report to Congress detailing the number of 7(a) agents, instances of...

    Simple Explanation

    H.R. 1804 is a plan to make sure that people who help small businesses get special loans, known as 7(a) loans, are watched closely and fairly; it wants reports every year about how many helpers there are, how much they get paid, and if they're doing things right or not.

  • The bill, known as the Climate Change Financial Risk Act of 2025, mandates the Federal Reserve's Board of Governors, in consultation with other federal agencies, to conduct financial risk analyses related to climate change. It acknowledges the significant risks climate change...

    Simple Explanation

    The Climate Change Financial Risk Act of 2025 asks the Federal Reserve and other government agencies to look at how climate change could cause money problems for banks and big companies, and to make sure they have plans to handle those problems so people don't lose money.