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The agency is decreasing the dollar amount for the second consecutive year, maintaining the percentage quota for mission-related loans and adding a new exemption.

Souvik Das is chief product and technology officer at Clearwater Analytics. He was most recently CTO at Zenefits, where he led all product development, operations, infrastructure, information security and information technology. He served as senior vice president of engineering at Grand Rounds prior to Zenefits and prior to that served as chief technology officer at Capital One Auto Finance, leading all of engineering for the multibillion-dollar business unit. At Capital One, he led the migration of COAF's on-prem infrastructure to public cloud, and the modernization of COAF's technical stack. Before that, he spent a decade at PayPal, where he held a number of increasingly responsible management positions in software engineering including leading the merchant technology team, a global team of several hundred engineers.

Jessica Ayre is a content marketing specialist at Text Request, a business texting solution.

At least two legal actions have been filed in a Texas federal court.

The agreement includes funds for small-business lending and mortgages for low- and moderate-income borrowers in California and Massachusetts. It puts an end to questions about the fate of an $11.2 billion plan that Silicon Valley Bank inked before it failed in March.

The lender has shed over $1 billion in annualized expenses and said it retains enough capital to sustain operations for the next several years.

Brian Bissonette is an investment banking industry principal at Intapp.

The program helped more than 23,000 consumers establish credit scores in its first year through partnerships with three fintechs, all of which were chosen to renew their participation.

Frequent federal budget impasses increase insurance concerns and threaten to jack up financing costs that are already straining lenders.

Moderate Democrats on the Senate Banking Committee voiced concerns about the impact of the Basel III endgame proposal on small businesses and minority communities, saying regulators should consider revisions or an extended comment period.