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SBA Fuels Main Street Growth With $100 Billion Delivered in FY26
WASHINGTON, Nov. 4 -- The Small Business Administration issued the following news release:
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SBA Fuels Main Street Growth with $100 Billion Delivered in FY26
Despite Historic Government Shutdown, Second Year of $100B in Capital Deployed Across Lending, Investment, and Disaster Recovery
November 2, 2026
WASHINGTON -- Today, the U.S. Small Business Administration (SBA) announced that it closed Fiscal Year (FY) 2026 with $100 billion in capital and related assistance delivered through its flagship programs. Despite a 43-day federal shutdown that halted SBA lending for nearly two months of
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WASHINGTON, Nov. 4 -- The Small Business Administration issued the following news release:
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SBA Fuels Main Street Growth with $100 Billion Delivered in FY26
Despite Historic Government Shutdown, Second Year of $100B in Capital Deployed Across Lending, Investment, and Disaster Recovery
November 2, 2026
WASHINGTON -- Today, the U.S. Small Business Administration (SBA) announced that it closed Fiscal Year (FY) 2026 with $100 billion in capital and related assistance delivered through its flagship programs. Despite a 43-day federal shutdown that halted SBA lending for nearly two months ofthe fiscal year, the agency guaranteed 62,205 7(a) and 504 loans totaling $39.5 billion - the third-highest lending volume in agency history, building on the agency's record-setting year in FY 2025. The SBA's Small Business Investment Company (SBIC) program closed the year with a record $60 billion in combined private capital and SBA leverage. In addition, the SBA disbursed $192 million in disaster loans to help communities recover and obligated $419 million to support counseling, training, and contracting services for America's entrepreneurs.
"President Trump's America First agenda is driving historic growth within the small business economy, including record new business formations in 2026. In turn, small businesses are seeking more capital to hire workers, expand facilities, and supercharge growth," said SBA Administrator Kelly Loeffler. "Despite a federal shutdown that halted SBA lending for nearly two months, the agency delivered its third-highest loan volume on record and closed the year with a record SBIC investment portfolio. And we did that while delivering wins for taxpayers by fighting fraud and restoring prudent lending standards, reversing the Biden Administration's disregard for statutory requirements of the programs we steward, and their decision to ignore criminal activity in SBA programs. In contrast, the Trump Administration's Working Family Tax Cuts, deregulation, and fair trade policies reward hard work and investment, instead of punishing those who build Main Street businesses. Through $100 billion in lending, investment capital, disaster relief, and entrepreneurial support, the SBA is delivering for America's job creators, manufacturers, rural communities, and disaster survivors - helping them grow, rebuild, and strengthen communities nationwide."
The SBA repeatedly warned that a federal shutdown would sharply constrain access to capital and federal contracting for America's small businesses. Because the 2025 shutdown froze the 7(a) and 504 programs, SBA could not guarantee an estimated $170 million in loans each business day, totaling roughly $5 billion in financing that otherwise could have been approved during FY26.
Even with that disruption, strong underlying growth in the small business economy continued to drive historic demand for SBA programs and capital. Driven by the Working Families Tax Cuts, fair trade, and deregulation, small businesses across America have started and expanded at record rates throughout 2026. New business formations have exceeded 500,000 in nearly every month this year, while indicators such as the PMI Manufacturing Index show ten straight months of sustained expansion in key sectors.
That growth has translated into historic demand for SBA-backed capital. In FY26, the 7(a) program approved 56,130 loans totaling $32.4 billion, while the 504 program approved 6,075 loans totaling $7.1 billion - a combined 1,350 small business loans each week. The SBA supported over 9,700 startups through the 7(a) and 504 programs, totaling $6.5 billion in financing.
This financing reached the sectors and communities central to the Administration's economic strength. Lending was strongest in accommodation, retail trade, health care, construction, and manufacturing. Construction and manufacturing businesses received a combined $7 billion through 11,790 7(a) and 504 loans. The SBA also guaranteed 10,314 7(a) and 504 loans totaling $6.5 billion to rural small businesses, expanding access to capital in communities that are essential to America's domestic production.
Building on that demand, the SBA introduced specialized lending tools to direct capital toward domestic manufacturing, supply-chain resilience, food security, and energy investment. In FY26, the agency approved 149 loans totaling nearly $300 million through its 90% Made in America Guarantee. The new 90% Grocery Guarantee program approved 79 loans totaling $145 million, while the new Manufacturers' Access to Revolving Credit (MARC) program approved 59 loans totaling $54 million.
As demand for SBA-backed financing grew, so did demand for long-term private investment through the SBIC program. The program closed FY26 with a record $60 billion portfolio in combined private capital and SBA leverage, reflecting continued investor confidence in American entrepreneurs and high-growth small businesses. As part of this record year, the SBA approved 46 new SBIC licenses, cultivating a cohort that is expected to support more than $12 billion in total investment. The agency also approved 35 "Green Light" letters representing conditional pre-approval for SBIC licenses expected to generate another $8 billion in aggregate investment.
The SBA's FY26 support also extended to communities rebuilding after disaster. The agency approved 5,879 disaster loans totaling $272 million and disbursed 5,371 loans totaling $192 million. Its largest disaster responses supported survivors of Super Typhoon Sinlaku in the Northern Mariana Islands, as well as communities affected by severe winter storms in Mississippi and Tennessee.
To complement capital access and disaster recovery, the SBA obligated $419 million in Entrepreneurial Development Program payments to support its nationwide resource partner network. These investments provide counseling, training, and technical assistance that help entrepreneurs access capital, navigate federal programs, start and grow businesses, and build durable local economies.
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About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
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Original text here: https://legacy.sba.gov/article/2026/11/02/sba-fuels-main-street-growth-100-billion-delivered-fy26
Latin America and the Caribbean's Exports Rose 19.5%, Opening Opportunities to Attract More Foreign Investment, IDB Says
WASHINGTON, Nov. 4 -- The Inter-American Development Bank issued the following news release:
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Latin America and the Caribbean's Exports Rose 19.5%, Opening Opportunities to Attract More Foreign Investment, IDB Says
November 03, 2026
The region's year-on-year growth in the first half of 2026 outpaced the increase in global trade.
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WASHINGTON -- Goods exports from Latin America and the Caribbean grew 19.5% year-on-year in the first half of 2026, outpacing the 14.5% increase in world trade, driven by higher prices for oil and other commodities and by demand for infrastructure associated
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WASHINGTON, Nov. 4 -- The Inter-American Development Bank issued the following news release:
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Latin America and the Caribbean's Exports Rose 19.5%, Opening Opportunities to Attract More Foreign Investment, IDB Says
November 03, 2026
The region's year-on-year growth in the first half of 2026 outpaced the increase in global trade.
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WASHINGTON -- Goods exports from Latin America and the Caribbean grew 19.5% year-on-year in the first half of 2026, outpacing the 14.5% increase in world trade, driven by higher prices for oil and other commodities and by demand for infrastructure associatedwith artificial intelligence (AI). The region's strong export performance opens an opportunity to attract more foreign investment, according to the Trade and Integration Monitor 2026 published by the Inter-American Development Bank (IDB).
The report notes that, despite a challenging global environment, the region delivered a strong performance, driven mainly by higher export volumes, with rising prices also contributing. Mexico led regional growth (24.6%) on the back of sales of AI infrastructure equipment to the United States. Export growth in the Caribbean (19.1%), concentrated in Guyana and Suriname, and in South America (16.5%) was driven by higher prices for mining and energy products, particularly oil.
"The trade resilience of Latin America and the Caribbean is an opportunity to attract more investment. To seize it, the region can pair its international trade and investment commitments with complementary domestic regulatory frameworks that give investors certainty," said Paolo Giordano, Principal Economist in the IDB's Productivity, Trade, and Innovation Sector.
Key findings of the Monitor
Greater presence in international markets: Latin America and the Caribbean's share of U.S. imports, the main destination for the region's export growth, reached a record high of 22.1% in the first half of 2026, even as U.S. purchases from the rest of the world declined. The region also regained market share in Europe.
Investment opportunities: Although the region still attracts more foreign direct investment (FDI) relative to the size of its economy than any other region, it received 4.5% less investment in 2023-2025 than in 2012-2014, and its share of the global FDI stock fell from 7.1% to 6.0%.
Regulatory architecture as a strategic asset: The region can benefit from double taxation treaties, bilateral investment treaties, and trade agreements with investment chapters, as these are associated with a higher likelihood of investment ties between countries.
According to the Monitor, the provisional application of the EU-Mercosur trade agreement, the modernization of other trade agreements, and the reshaping of global value chains driven by artificial intelligence and the energy transition open a window of opportunity for the region. The report therefore argues that the region's external trade agenda should be accompanied by complementary reforms to national regulatory frameworks and by investment in public goods that lower the costs faced by private companies when expanding into international markets.
About the IDB
The Inter-American Development Bank (IDB), a member of IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the IDB works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, the IDB promotes growth and well-being in 26 countries. Visit our website: www.iadb.org/en
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Original text here: https://www.iadb.org/en/news/latin-america-and-caribbeans-exports-rose-195-opening-opportunities-attract-more-foreign-investment
IDB Approves $200 Million in Financing to Strengthen Road Connectivity in Uruguay
WASHINGTON, Nov. 4 -- The Inter-American Development Bank issued the following news release:
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IDB Approves $200 Million in Financing to Strengthen Road Connectivity in Uruguay
November 03, 2026
WASHINGTON - The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $200 million Global Multiple Works (GOM) loan to finance rehabilitation and maintenance works on Routes 8, 13, 39, and 15 of Uruguay's National Road Network.
The program will finance fifth-generation Rehabilitation and Maintenance Contracts (CREMA), developed as part of the Ministry of Transport
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WASHINGTON, Nov. 4 -- The Inter-American Development Bank issued the following news release:
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IDB Approves $200 Million in Financing to Strengthen Road Connectivity in Uruguay
November 03, 2026
WASHINGTON - The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $200 million Global Multiple Works (GOM) loan to finance rehabilitation and maintenance works on Routes 8, 13, 39, and 15 of Uruguay's National Road Network.
The program will finance fifth-generation Rehabilitation and Maintenance Contracts (CREMA), developed as part of the Ministry of Transportand Public Works' (MTOP) public policy aimed at improving the efficiency of public spending on road infrastructure and implemented in coordination with the Uruguay Road Corporation (CVU).
The contracts are expected to run for seven years and will be structured in two phases. The first phase, expected to last two years, will focus on infrastructure works and pavement rehabilitation. The second, lasting five years, will focus on maintaining quality standards.
The IDB-supported program also includes institutional changes aimed at improving road planning and strengthening road asset management.
"Maintaining roads to the highest standards is key to strengthening competitiveness and connectivity nationwide. This operation reflects one of the priorities of our new Country Strategy: supporting Uruguay in ensuring that its infrastructure investments boost productivity, improve connectivity across the country, and deepen regional integration," said Miguel Porrua, IDB Group Representative in Uruguay.
The operation is the second under a Conditional Credit Line for Investment Projects (CCLIP) approved in 2025 to optimize public spending, improve road asset management, and preserve the country's road network, thereby promoting sustainable economic growth. It is also aligned with the IDB Group's South Connection initiative, which seeks to promote connectivity, facilitate trade, and foster sustainable growth in South America. The $200 million Global Multiple Works loan has a 22.5-year repayment term, an eight-year grace period, and an interest rate based on SOFR.
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: www.iadb.org/en.
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Original text here: https://www.iadb.org/en/news/idb-approves-200-million-financing-strengthen-road-connectivity-uruguay
Federal Home Loan Bank of Chicago Announces Leadership Transition
WASHINGTON, Nov. 4 -- The Federal Home Loan Banks Office of Finance posted the following news release:
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Federal Home Loan Bank of Chicago Announces Leadership Transition
November 02, 2026
The Federal Home Loan Bank ("FHLBank") of Chicago announced today that Michael A. Ericson, President and Chief Executive Officer ("CEO"), will conclude his tenure effective December 31, 2026.
The Board of Directors of the FHLBank of Chicago has appointed Virxhini Gjonzeneli, Executive Vice President, Chief Financial Officer, and Group Head, Financial Accounting and Markets, as interim CEO, effective
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WASHINGTON, Nov. 4 -- The Federal Home Loan Banks Office of Finance posted the following news release:
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Federal Home Loan Bank of Chicago Announces Leadership Transition
November 02, 2026
The Federal Home Loan Bank ("FHLBank") of Chicago announced today that Michael A. Ericson, President and Chief Executive Officer ("CEO"), will conclude his tenure effective December 31, 2026.
The Board of Directors of the FHLBank of Chicago has appointed Virxhini Gjonzeneli, Executive Vice President, Chief Financial Officer, and Group Head, Financial Accounting and Markets, as interim CEO, effectiveJanuary 1, 2027. The Board of Directors of the FHLBank of Chicago is also initiating a process to identify a permanent CEO.
Ms. Gjonzeneli, age 45, has served as the FHLBank of Chicago's Chief Financial Officer and Group Head, Financial Accounting and Markets since 2023. She joined the FHLBank of Chicago in 2003 and was named an Executive Vice President in 2021, following previous roles as Group Head of Member Support and Strategy and Senior Vice President, Director of Enterprise Risk Management.
For additional information, please see the FHLBank of Chicago's Form 8-K filing on the U.S. Securities and Exchange Commission website, www.sec.gov.
Created by Congress in 1932, the FHLBanks have served as a vital source of liquidity to their members throughout the economic cycles, supporting housing finance and community development across the United States. Please contact Tom Heinle at (703) 467-3646 or theinle@fhlb-of.com for additional information.
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Original text here: https://www.fhlb-of.com/news/federal-home-loan-bank-of-chicago-announces-leadership-transition/
EPA Enforcement Leadership Helps Promote Military Readiness and Participates in Training During Swing Through Wyoming and Colorado
WASHINGTON, Nov. 3 -- The Environmental Protection Agency issued the following news release:
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EPA Enforcement Leadership Helps Promote Military Readiness and Participates in Training During Swing Through Wyoming and Colorado
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WASHINGTON - U.S. Environmental Protection Agency (EPA) Assistant Administrator for Enforcement and Compliance Assurance Jeffrey A. Hall and Principal Deputy Craig Pritzlaff recently visited Wyoming and Colorado to promote military readiness and focus criminal environmental enforcement on major federal cases. In Wyoming, they visited a Minuteman launch control center
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WASHINGTON, Nov. 3 -- The Environmental Protection Agency issued the following news release:
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EPA Enforcement Leadership Helps Promote Military Readiness and Participates in Training During Swing Through Wyoming and Colorado
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WASHINGTON - U.S. Environmental Protection Agency (EPA) Assistant Administrator for Enforcement and Compliance Assurance Jeffrey A. Hall and Principal Deputy Craig Pritzlaff recently visited Wyoming and Colorado to promote military readiness and focus criminal environmental enforcement on major federal cases. In Wyoming, they visited a Minuteman launch control centerand missile silo to understand the challenges the Air Force Global Strike Command faces in keeping missileers safe in aging missile facilities and to provide assistance in achieving compliance with indoor environmental standards. In Colorado, they participated in EPA's criminal enforcement attorneys' biannual training program, speaking on this Administration's focus on federal priorities, including using the environmental laws to protect against foreign toxins.
"We are keeping the airmen stationed in missile alert facilities safe by helping the Air Force comply with toxic substances regulations, and that allows our warfighters to focus on defending our country," said Assistant Administrator Hall.
Assistant Administrator Hall visited F.E. Warren Air Force Base, home of the Twentieth Air Force, which is responsible for U.S. intercontinental ballistic missiles, as part of EPA's commitment to partner with the Department of War (DoW). The visit was focused on the Air Force's ongoing efforts to comply with the nation's environmental laws, address environmental hazards, and protect the homeland.
"Our highest priority for our criminal program is that it holds the worst environmental criminals accountable while being true to the Constitution and the rule of law," said Assistant Administrator Hall. "EPA's criminal enforcement attorneys ensure that our criminal program can investigate and prosecute cases effectively and lawfully."
In support of Administrator Zeldin's Powering the Great American Comeback initiative, the biannual training conference highlighted EPA's effort to protect Americans by pursuing those who intentionally pollute or profit from sending harmful products and chemicals into the United States. The training program teaches EPA's criminal enforcement attorneys about new developments in the investigation and prosecution of environmental crimes and fosters a collaborative working relationship. The training program focused on enforcement initiatives, civil and criminal coordination, 4th Amendment issues, trial strategies, and significant appellate decisions.
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Original text here: https://www.epa.gov/newsreleases/epa-enforcement-leadership-helps-promote-military-readiness-and-participates-training
Amtrak Encourages Travelers to Book Thanksgiving Travel Early Amid Historic Demand
WASHINGTON, Nov. 3 -- Amtrak (National Railroad Passenger Corp.) issued the following news:
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Amtrak Encourages Travelers to Book Thanksgiving Travel Early Amid Historic Demand
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Advance ticket reservations secure guaranteed seats and the best fares
WASHINGTON - As Thanksgiving approaches, Amtrak is encouraging travelers to book early to secure the best fares and guaranteed seats, as tickets are selling quickly. Thanksgiving is Amtrak's busiest travel season and one of the busiest travel periods nationwide. In 2025, Amtrak broke ridership records during the Thanksgiving holiday with more
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WASHINGTON, Nov. 3 -- Amtrak (National Railroad Passenger Corp.) issued the following news:
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Amtrak Encourages Travelers to Book Thanksgiving Travel Early Amid Historic Demand
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Advance ticket reservations secure guaranteed seats and the best fares
WASHINGTON - As Thanksgiving approaches, Amtrak is encouraging travelers to book early to secure the best fares and guaranteed seats, as tickets are selling quickly. Thanksgiving is Amtrak's busiest travel season and one of the busiest travel periods nationwide. In 2025, Amtrak broke ridership records during the Thanksgiving holiday with morethan 1.2 million customer trips--a nearly 6% increase from 2024. Amtrak predicts another year of record ridership this holiday season and recommends travelers plan their trips early.
"Amtrak is experiencing record demand, a testament to the comfortable and convenient experience of traveling by train," said Amtrak Interim President Byl Herrmann. "We are honored to help customers reach their holiday destinations safely and comfortably, while offering more departures, amenities and services during a time when they appreciate them most."
Train travel offers many benefits: no waiting in long airport lines, a quick and easy boarding process, no roadway traffic, and arrival downtown, where connecting travel options are abundant.
To help accommodate the expected surge of customers during Thanksgiving week, Amtrak is expanding capacity by adding cars to select Northeast Regional trains from Nov. 20-30. Two additional Northeast Regional round trips will be added with service between Washington Union Station, New York Penn Station, and cities in between on Nov. 24-25 and Nov. 28-29. With record demand, this additional capacity is expected to fill quickly.
There's more for customers to love at Amtrak this holiday season. The company continues to introduce additional NextGen Acela trains-providing a premium experience. Fifteen NextGen Acela trains are now in service, more than ever before.
And in the Pacific Northwest, Amtrak Cascades now features Amtrak's brand new Airo fleet on four daily trips, providing an even more comfortable, connected, and reliable travel experience. Each of these services has enhanced food and beverage offerings, comfortable seating, picturesque views, amenities, and thoughtful touches that make holiday travel by Amtrak more enjoyable.
Purchasing tickets is fast and easy on Amtrak.com, through the Amtrak mobile app, at in-station ticketing kiosks and in-person at staffed stations, or by calling 1-800-USA-RAIL.
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Original text here: https://media.amtrak.com/2026/11/amtrak-encourages-travelers-to-book-thanksgiving-travel-early-amid-historic-demand/
2026 Federal Home Loan Bank of Dallas Director Election Results
DALLAS, Texas, Nov. 3 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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2026 Federal Home Loan Bank of Dallas Director Election Results
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The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the results of the 2026 election for four positions on the Bank's Board of Directors (Board), which consisted of one member director seat in Mississippi, one member director seat in New Mexico and two independent director seats. Each seat has a four-year term commencing January 1, 2027 and expiring December
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DALLAS, Texas, Nov. 3 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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2026 Federal Home Loan Bank of Dallas Director Election Results
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The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the results of the 2026 election for four positions on the Bank's Board of Directors (Board), which consisted of one member director seat in Mississippi, one member director seat in New Mexico and two independent director seats. Each seat has a four-year term commencing January 1, 2027 and expiring December31, 2030. There were no member director seats to be filled this year for Arkansas, Louisiana or Texas.
Max S. Yates, Director at BankPlus in Ridgeland, Mississippi, was elected as a member director representing Mississippi. He will fill the outgoing seat of A. Fred Miller Jr., Director of Hope Enterprise Corporation in Jackson, Mississippi. Christopher G. Palmer, Director, President and CEO of Pioneer Bank in Roswell, New Mexico, was re-elected as a member director representing New Mexico. Mr. Yates and Mr. Palmer were the sole nominees for the member directorships representing the states of Mississippi and New Mexico, respectively. Such nominees were deemed elected without further action and therefore members were not required to cast votes for those positions. Austin, Texas-based incumbent Lorraine Palacios, Senior Managing Director and Co-Head of Public Finance for Samuel A. Ramirez & Co., Inc., was re-elected to a public interest independent director seat. James D. Goudge was elected to an independent director seat. Mr. Goudge retired as Chief Executive Officer of Broadway National Bank, a member of the Bank, in San Antonio, Texas, in 2016 and as Chairman of its board of directors in 2019. Subsequent to his retirement, he continued to serve Broadway National Bank as an Executive Vice President and consultant to its Chief Executive Officer until early 2026.
The total number of votes eligible to be cast in the independent director election was 7,446,920, of which 158 member institutions cast a total of 1,948,694 votes for Mr. Goudge and 141 member institutions cast a total of 1,701,243 votes for Ms. Palacios.
The detailed results of the election were as follows:
Mississippi Member Director Number of Votes Cast
Max S. Yates
Director
BankPlus
1068 Highland Colony Pkwy.
Ridgeland, MS 39157
Unopposed
New Mexico Member Director Number of Votes Cast
Christopher G. Palmer
Director, President and Chief Executive Officer
Pioneer Bank
3000 N. Main St.
Roswell, NM 88201
Unopposed
Independent Director Number of Votes Cast
James D. Goudge
Retired Chairman and Chief Executive Officer
Broadway National Bank
San Antonio, TX
1,948,694
Lorraine Palacios
Senior Managing Director and Co-Head of
Public Finance
Samuel A. Ramirez & Co., Inc.
1250 S. Capitol of TX Hwy., Bldg. 3, Suite 400
Austin, TX 78746
1,701,243
As required, both Mr. Goudge and Ms. Palacios received at least 20 percent of the votes eligible to be cast in the election to fill the directorship for which they were nominated. Biographical information on the independent directors is provided below.
If you have any questions regarding the election process, please contact Bre Chapman, Corporate Secretary, at 214.441.8459.
Sincerely,
Sanjay K. Bhasin
President and Chief Executive Officer
Biographical Information for the Independent Directors:
James D. Goudge
Mr. Goudge, 72, is a retired banker with more than 42 years of experience in the banking industry at the time of his retirement in 2019. He retired as Chief Executive Officer of Broadway National Bank in San Antonio, Texas, in 2016 and as Chairman of its board of directors in 2019. Subsequent to his retirement, he continued to serve Broadway National Bank, a member of the Bank, as an Executive Vice President and a consultant to its Chief Executive Officer until early 2026. He previously served as a member director of the Bank from April 2014 to December 2025. Mr. Goudge is a past chairman of the Texas Bankers Association and has served on the American Bankers Association's Membership and Government Relations committees. He currently serves on the KLRN Public Television Endowment Committee, University of Texas Chancellor's Council Executive Committee, United Way of San Antonio's Tocqueville Cabinet as the event co-chair, Southwest Research Institute Board of Trustees and the University of Texas at San Antonio Development Board Committee.
Lorraine Palacios
Based in Austin, Texas, Ms. Palacios, 48, serves as Senior Managing Director and Co-Head of Public Finance for Samuel A. Ramirez & Co., Inc. She has served as a director of the Bank since January 2023. She provides investment banking coverage to state and local issuers across Texas as a senior banker and in the Midwest as Head of the Midwest Region for the firm. She joined Ramirez in January 2011 and has 25 years of public finance experience. In 2001, she began her career in structured finance with a focus on single family and multifamily housing issuers while at her prior firms of UBS and RBC. Ms. Palacios currently serves on the Board of Directors' Risk Management Committee, Affordable Housing and Economic Development Committee (for which she serves as Vice Chairman) and Government and External Affairs Committee. Ms. Palacios is an active member of the Women in Public Finance (National, Texas and Chicago chapters) and participates in the mentoring and scholarship committees. She is a past board member of the Municipal Advisory Council of Texas and is a member of the Hispanic Scholarship Fund's Austin Advisory Council.
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Original text here: https://www.fhlb.com/library/bulletins/2026/2026-federal-home-loan-bank-of-dallas-director-ele
