Federal Independent Agencies
Here's a look at documents from federal independent agencies
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Office of Finance Announces First Quarter 2026 Combined Operating Highlights for the Federal Home Loan Banks
WASHINGTON, May 1 -- The Federal Home Loan Bank System Office of Finance issued the following news release:
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Office of Finance Announces First Quarter 2026 Combined Operating Highlights for the Federal Home Loan Banks
The first quarter 2026 combined operating highlights are prepared from the preliminary unaudited financial information of each Federal Home Loan Bank (FHLBank) and are subject to change. The combined and individual FHLBank statements of condition and statements of income highlights are attached as Tables I and II. Each of the FHLBanks has released its unaudited financial
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WASHINGTON, May 1 -- The Federal Home Loan Bank System Office of Finance issued the following news release:
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Office of Finance Announces First Quarter 2026 Combined Operating Highlights for the Federal Home Loan Banks
The first quarter 2026 combined operating highlights are prepared from the preliminary unaudited financial information of each Federal Home Loan Bank (FHLBank) and are subject to change. The combined and individual FHLBank statements of condition and statements of income highlights are attached as Tables I and II. Each of the FHLBanks has released its unaudited financialresults for the period ended March 31, 2026, and filed a Form 8-K with the U.S. Securities and Exchange Commission.
Combined Highlights
Net income was $1,297 million for the three months ended March 31, 2026, a decrease of 7% compared to the three months ended March 31, 2025. As of March 31, 2026, total assets were $1,303.4 billion, total liabilities were $1,226.0 billion, and total GAAP capital was $77.4 billion, all of which increased 4%, compared to December 31, 2025.
Table: Combined Financial Condition
The FHLBanks' assets and liabilities expand and contract as the needs of member financial institutions and their communities change over time.
* Advances totaled $734.3 billion at March 31, 2026, an increase of 9% resulting primarily from an increase in advances to depository and insurance company members.
* Investments were $480.7 billion at March 31, 2026, a decrease of 1%.
* Mortgage loans held for portfolio were $80.7 billion at March 31, 2026, an increase of 2% as mortgage loan purchase volume outpaced repayments.
* Consolidated obligations totaled $1,198.9 billion at March 31, 2026, an increase of 4% consisting of a 6% increase in consolidated bonds and a 2% increase in consolidated discount notes.
* Retained earnings grew to $33.2 billion at March 31, 2026, an increase of 1% resulting principally from net income of $1,297 million, partially offset by dividends of $875 million.
Table: Combined Results of Operations
Net income was $1,297 million for the three months ended March 31, 2026, a decrease of 7% compared to the three months ended March 31, 2025, resulting primarily from lower non-interest income and net interest income and higher voluntary housing and community investment expense.
Net interest income was $1,923 million for the three months ended March 31, 2026, a decrease of 1% compared to the three months ended March 31, 2025. Net interest margin was 0.60% for the three months ended March 31, 2026, a decrease of 2 basis points compared to the three months ended March 31, 2025.
* Interest income was $13,180 million for the three months ended March 31, 2026, a decrease of 10% compared to the three months ended March 31, 2025, due primarily to a decrease in the average yield on interest-earning assets, principally advances, driven by the lower interest-rate environment. The average yield on advances was 4.05% for the three months ended March 31, 2026, a decrease of 67 basis points compared to the three months ended March 31, 2025.
* Interest expense was $11,257 million for the three months ended March 31, 2026, a decrease of 11% compared to the three months ended March 31, 2025, due primarily to the lower average rate on consolidated obligations, driven by the lower interest-rate environment. The average rate on consolidated obligations was 3.72% for the three months ended March 31, 2026, a decrease of 62 basis points compared to the three months ended March 31, 2025.
Non-interest income was a net gain of $69 million for the three months ended March 31, 2026, a decrease of $64 million compared to the three months ended March 31, 2025, resulting primarily from changes in the fair value of investment securities and derivatives, driven by changes in interest rates.
Statutory Affordable Housing Program assessments result from individual FHLBank income subject to assessments. Affordable Housing Program assessments were $146 million for the three months ended March 31, 2026, a decrease of 7% compared to the three months ended March 31, 2025. In addition, an FHLBank may make voluntary contributions to the Affordable Housing Program or other housing and community investment initiatives, which are in addition to the Affordable Housing Program assessments. Voluntary housing and community investment expense was $114 million for the three months ended March 31, 2026, an increase of 21% compared to the three months ended March 31, 2025.
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About the FHLBanks
The FHLBanks, as member-owned cooperative institutions, provide financial products and services to their members and housing associates that assist and enhance the financing of housing and community lending. In addition, the FHLBanks support community development through affordable housing and community investment. Each FHLBank is privately capitalized and independently managed.
The FHLBanks have delivered innovation and service to the U.S. housing market since 1932, and currently have approximately 6,300 members serving all 50 states, the District of Columbia, and U.S. territories. Please contact Tom Heinle at 703-467-3646 or theinle@fhlb-of.com for additional information.
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Statements contained in this release, including statements describing the objectives, projections, estimates, or future predictions of the FHLBanks and the Office of Finance, may be "forward-looking statements." These statements may use forward-looking terminology, such as "anticipates," "believes," "could," "estimates," "expects," "may," "should," "will," "would," or their negatives or other variations on these terms. Investors should note that forward-looking statements, by their nature, involve risks or uncertainties. Therefore, the actual results could differ materially from those expressed or implied in these forward-looking statements or could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the following: changes in the general economy; changes in interest rates and housing prices; size and volatility of the residential mortgage market; disruptions in the credit and debt markets and the effect on the FHLBanks' funding costs, sources, and availability; levels and volatility of market prices, rates, and indices that could affect the value of investments or collateral held by the FHLBanks as security; monetary and fiscal policies; widespread health emergencies; geopolitical instability or conflicts; trade disruptions; demand for FHLBank advances; competitive forces, including other sources of funding available to FHLBank members; changes in investor demand for consolidated obligations; executive, legislative, regulatory, judicial, or other developments; and changes resulting from any modification of the credit ratings of the U.S. government or the FHLBanks. Investors are encouraged to consider these and other risks and uncertainties that are discussed in periodic combined financial reports posted on the Office of Finance website, www.fhlb-of.com, and in reports filed by each FHLBank with the U. S. Securities and Exchange Commission. Any duty to update these forward-looking statements is disclaimed
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Original text here: https://fhlb-of.com/ofweb_userWeb/resources/2026Q1FHLBCombinedOperatingHighlights.pdf
Office of Advocacy Appoints Steve Owen as Region 9 Advocate
WASHINGTON, April 30 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Office of Advocacy Appoints Steve Owen as Region 9 Advocate
The Office of Advocacy (Advocacy), the independent voice for small businesses within the executive branch, is pleased to announce Steve Owen has been named Region 9 Advocate. As the Region 9 Advocate, a role that has been vacant since 2021, Owen serves as the voice in Washington, D.C. for over 5 million small businesses in Arizona, California, Hawaii, Nevada, and the U.S. Pacific Territories.
Born and raised in California,
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WASHINGTON, April 30 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Office of Advocacy Appoints Steve Owen as Region 9 Advocate
The Office of Advocacy (Advocacy), the independent voice for small businesses within the executive branch, is pleased to announce Steve Owen has been named Region 9 Advocate. As the Region 9 Advocate, a role that has been vacant since 2021, Owen serves as the voice in Washington, D.C. for over 5 million small businesses in Arizona, California, Hawaii, Nevada, and the U.S. Pacific Territories.
Born and raised in California,Owen is a first-generation American. As Region 9 Advocate, Owen brings with him a broad range of experience to this position. His professional background includes extensive experience working with tech startups and senior management roles with KPMG and Apple. Owen's goal is to let "business do business" without being bogged down by unnecessary bureaucracy.
"I am thrilled to welcome Steve Owen as the Region 9 Advocate for the Office of Advocacy," said Everett Woodel, Jr., Acting Chief Counsel for Advocacy. "Steve's background makes him well-suited for this role as he assists small businesses in the deregulatory process."
"Drawing on my experience as an economist and my work with both startups and global companies, I am committed to identifying and addressing excessive, burdensome regulations," said Owen. "My goal is to ensure that common-sense wins, and that small businesses in my region and throughout the country can focus on what they do best: innovating, creating jobs, and driving growth in communities nationwide."
Owen can be reached at stephen.owen@sba.gov.
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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration is an independent voice for small business within the executive branch. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policymakers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, DC, support the Chief Counsel's efforts. For more information on the Office of Advocacy, visit advocacy.sba.gov or call (202) 205-6533.
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Original text here: https://advocacy.sba.gov/2026/04/29/office-of-advocacy-appoints-steve-owen-as-region-9-advocate/
Office of Advocacy Appoints Apollo Fuhriman as Region 10 Advocate
WASHINGTON, April 30 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Office of Advocacy Appoints Apollo Fuhriman as Region 10 Advocate
The Office of Advocacy (Advocacy), the independent voice for small businesses within the executive branch, is pleased to announce Apollo Fuhriman has been named Region 10 Advocate. Fuhriman, who served in this role during the first Trump Administration, will once again work to slash unnecessary federal regulations affecting small businesses in Washington, Idaho, Oregon, and Alaska.
In addition to his work with
... Show Full Article
WASHINGTON, April 30 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Office of Advocacy Appoints Apollo Fuhriman as Region 10 Advocate
The Office of Advocacy (Advocacy), the independent voice for small businesses within the executive branch, is pleased to announce Apollo Fuhriman has been named Region 10 Advocate. Fuhriman, who served in this role during the first Trump Administration, will once again work to slash unnecessary federal regulations affecting small businesses in Washington, Idaho, Oregon, and Alaska.
In addition to his work withAdvocacy, Fuhriman most recently served as Regional Administrator for the U.S. Small Business Administration's Pacific Northwest Regional Office. He has held roles in both the public and private sectors, including at Microsoft, the U.S. Department of Commerce, professional baseball with the San Francisco Giants, and clerking at the U.S. Attorney's Office in Seattle.
"It is wonderful to welcome Apollo back to the Office of Advocacy at the Region 10 Advocate," said Everett Woodel, Jr., Acting Chief Counsel for Advocacy. "Apollo was an outstanding advocate during the Trump 45 Administration, and I have no doubt he will once again be an effective voice for small businesses."
"I am thrilled to return to Advocacy and advance its mission of helping to provide small businesses much-needed regulatory relief," said Fuhriman. "I look forward to connecting with small businesses throughout my region and nationwide."
Fuhriman can be reached at apollo.fuhriman@sba.gov.
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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration is an independent voice for small business within the executive branch. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policymakers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, DC, support the Chief Counsel's efforts. For more information on the Office of Advocacy, visit advocacy.sba.gov or call (202) 205-6533.
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Original text here: https://advocacy.sba.gov/2026/04/29/office-of-advocacy-appoints-apollo-fuhriman-as-region-10-advocate/
EPA and Partners Teach Construction and Disaster Recovery Workers in Puerto Rico How to Properly Manage Lead
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA and Partners Teach Construction and Disaster Recovery Workers in Puerto Rico How to Properly Manage Lead
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San Juan, P.R. \- U.S. Environmental Protection Agency (EPA), in coordination with the Puerto Rico Department of Health and the Pediatric Environmental Health Specialty Unit (PEHSU), hosted a free workshop on how to properly manage toxic lead paint when doing renovations and repairs. The training, held April 30 at the College of Engineers and Surveyors of Puerto Rico in Hato Rey, was
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WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA and Partners Teach Construction and Disaster Recovery Workers in Puerto Rico How to Properly Manage Lead
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San Juan, P.R. \- U.S. Environmental Protection Agency (EPA), in coordination with the Puerto Rico Department of Health and the Pediatric Environmental Health Specialty Unit (PEHSU), hosted a free workshop on how to properly manage toxic lead paint when doing renovations and repairs. The training, held April 30 at the College of Engineers and Surveyors of Puerto Rico in Hato Rey, wasoffered for free to construction and disaster recovery workers. Participants learned how to prevent exposure during repairs, renovations, and painting projects and how to make sure they don't accidentally bring the lead home to their own families.
"Lead is toxic and it can permanently damage a child's ability to learn and cause serious health issues in adults, which is why training like this is so important," said EPA Regional Administrator Michael Martucci. "By training contractors and workers how to handle lead-based paint and how to be sure they don't bring it home, we can keep many kids and families from being exposed to lead."
About 200 professionals from construction, engineering, and environmental fields attended. The workshop covered common sources of lead exposure on the job, health impacts of lead-particularly for young children, and practical steps to reduce risk at work and avoid bringing lead dust home. EPA and its partners also highlighted federal and local requirements, including U.S. Occupational Safety and Health Administration worker protection rules and U.S. Department of Housing and Urban Development's lead-safe housing rules, and best practices for safely handling lead-based paint during renovation and maintenance activities.
Participants had the opportunity to engage directly with EPA and partner organizations during a question-and-answer session, as well as one on one conversations to exchange resources following the presentations, receiving tools and guidance to apply these practices in their daily work. Three continuing education credits were offered for engineers and surveyors.
Workshops like this are part of EPA's ongoing efforts to reduce lead exposure by equipping workers and communities with the knowledge and tools to identify hazards, work safely, and prevent contamination before it occurs.
Since the 1970s, EPA has worked alongside partners at the federal, state, Tribal, and local levels to protect children's health and make progress in reducing lead exposures and lead-related health risks. Despite improvements over the last 50 years, ongoing exposures to lead where our families live, work, and play present a health risk, especially to children.
To combat this issue, in 2025 the Trump EPA reestablished a committee of senior leaders across the agency's program offices and ten regions to drive success in reducing children's exposure to lead. This renewed agency-wide focus is centered around strengthening cooperative federalism, streamlining actionable risk communications, and unleashing private sector innovation to protect human health and the environment.
Please see epa.gov/lead Exit EPA's website for additional information.
Follow EPA Region 2 on X Exit EPA's website, Instagram Exit EPA's website, and visit our Facebook Exit EPA's website page. For more information about EPA Region 2, visit our website Exit EPA's website.
26-014
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Original text here: https://www.epa.gov/newsreleases/epa-and-partners-teach-construction-and-disaster-recovery-workers-puerto-rico-how
EPA Announces Over $1.5 Million to Protect Waterways from Sewage Overflows in Missouri
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces Over $1.5 Million to Protect Waterways from Sewage Overflows in Missouri
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LENEXA, KAN. (APRIL 30, 2026) - This week, the U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including
... Show Full Article
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces Over $1.5 Million to Protect Waterways from Sewage Overflows in Missouri
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LENEXA, KAN. (APRIL 30, 2026) - This week, the U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, includinguntreated sewage, from polluting nearby waterways. The agency will provide funding from both fiscal years 2025 and 2026 totaling $1,594,000 to Missouri, which will be awarded to communities there.
"Stormwater and sewage systems are critical for managing pollution to keep our nation's waterways clean and support healthy people, economic growth, and thriving ecosystems," said EPA Assistant Administrator for Water Jess Kramer. "This $80 million investment will help states upgrade stormwater management systems to address the threat of aging and inadequate infrastructure."
"Region 7 is committed to working with our states that allocate this important funding to aging stormwater and sewage systems in the Heartland," said EPA Region 7 Administrator Jim Macy. "These grants support projects that lower the cost of repairs and help our communities ensure their systems continue to work properly."
Stormwater can be a significant source of water pollution and a public health concern. It can collect various pollutants, including trash, chemicals, oils, and dirt/sediment, and convey them to nearby waterways. When mixed with domestic and industrial wastewater in combined sewers, stormwater can also contribute to combined sewer overflows during heavy storm events.
Safely and effectively managing stormwater to reduce pollution before it reaches local waterways is essential. However, the cost to construct, operate, and maintain stormwater infrastructure can be significant, which can strain wastewater systems and their customers, especially in small and financially distressed communities. The agency's Sewer Overflow and Stormwater Reuse Municipal Grant program will prioritize projects for small and/or financially distressed communities. Under the existing regulations, state grantees are not required to contribute cost shares for projects located in small and/or financially distressed communities.
Missouri Allotments for Fiscal Year 2025 and Fiscal Year 2026
State Entity FY25 Allotment FY26 Allotment
Missouri $ 797,000 $ 797,000
Learn more about the Sewer Overflow and Stormwater Reuse Municipal Grant program.
Learn more about EPA Region 7
View all Region 7 news releases
Visit the Region 7 Media page
Connect with EPA Region 7 on Facebook and Instagram
Follow us on X: @EPARegion7
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Original text here: https://www.epa.gov/newsreleases/epa-announces-over-15-million-protect-waterways-sewage-overflows-missouri
EPA Announces $918,000 to Protect Waterways from Sewage Overflows in Tennessee
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $918,000 to Protect Waterways from Sewage Overflows in Tennessee
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ATLANTA (April 30, 2026) - This week, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage,
... Show Full Article
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $918,000 to Protect Waterways from Sewage Overflows in Tennessee
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ATLANTA (April 30, 2026) - This week, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage,from polluting nearby waterways. The agency will provide funding from both fiscal years 2025 and 2026 totaling $910,000 to Tennessee, which will be awarded to communities there.
"Stormwater and sewage systems are critical for managing pollution to keep our nation's waterways clean and support healthy people, economic growth, and thriving ecosystems," said EPA Assistant Administrator for Water Jess Kramer. "This $80 million investment will help states upgrade stormwater management systems to address the threat of aging and inadequate infrastructure."
"These funds will provide meaningful support as our communities make much needed improvements to their stormwater and sewer infrastructure," said Regional Administrator Kevin McOmber. "The people who call these communities home deserve clean waterways to protect their health and to attract businesses and grow their economies."
Stormwater can be a significant source of water pollution and a public health concern. It can collect various pollutants, including trash, chemicals, oils, and dirt/sediment, and convey them to nearby waterways. When mixed with domestic and industrial wastewater in combined sewers, stormwater can also contribute to combined sewer overflows during heavy storm events.
Safely and effectively managing stormwater to reduce pollution before it reaches local waterways is essential. However, the cost to construct, operate, and maintain stormwater infrastructure can be significant, which can strain wastewater systems and their customers, especially in small and financially distressed communities. The agency's Sewer Overflow and Stormwater Reuse Municipal Grant program will prioritize projects for small and/or financially distressed communities. Under the existing regulations, state grantees are not required to contribute cost shares for projects located in small and/or financially distressed communities.
Learn more about the Sewer Overflow and Stormwater Reuse Municipal Grant program.
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Original text here: https://www.epa.gov/newsreleases/epa-announces-918000-protect-waterways-sewage-overflows-tennessee
EPA Announces $2.1 Million to Protect Waterways from Sewage Overflows in Georgia
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $2.1 Million to Protect Waterways from Sewage Overflows in Georgia
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ATLANTA (April 30, 2026) - This week, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage,
... Show Full Article
WASHINGTON, April 30 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $2.1 Million to Protect Waterways from Sewage Overflows in Georgia
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ATLANTA (April 30, 2026) - This week, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage,from polluting nearby waterways. The agency will provide funding from both fiscal years 2025 and 2026 totaling $2.1 million to Georgia, which will be awarded to communities there.
"Stormwater and sewage systems are critical for managing pollution to keep our nation's waterways clean and support healthy people, economic growth, and thriving ecosystems," said EPA Assistant Administrator for Water Jess Kramer. "This $80 million investment will help states upgrade stormwater management systems to address the threat of aging and inadequate infrastructure."
"These funds will provide meaningful support as our communities make much needed improvements to their stormwater and sewer infrastructure," said Regional Administrator Kevin McOmber. "The people who call these communities home deserve clean waterways to protect their health and to attract businesses and grow their economies."
Stormwater can be a significant source of water pollution and a public health concern. It can collect various pollutants, including trash, chemicals, oils, and dirt/sediment, and convey them to nearby waterways. When mixed with domestic and industrial wastewater in combined sewers, stormwater can also contribute to combined sewer overflows during heavy storm events.
Safely and effectively managing stormwater to reduce pollution before it reaches local waterways is essential. However, the cost to construct, operate, and maintain stormwater infrastructure can be significant, which can strain wastewater systems and their customers, especially in small and financially distressed communities. The agency's Sewer Overflow and Stormwater Reuse Municipal Grant program will prioritize projects for small and/or financially distressed communities. Under the existing regulations, state grantees are not required to contribute cost shares for projects located in small and/or financially distressed communities.
Learn more about the Sewer Overflow and Stormwater Reuse Municipal Grant program.
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Original text here: https://www.epa.gov/newsreleases/epa-announces-21-million-protect-waterways-sewage-overflows-georgia
