LAKE FOREST, Ill.--(BUSINESS WIRE)--Aug 18, 2026--
Federal Home Loan Bank of Chicago (FHLBank Chicago) convened a roundtable today with U.S. Rep. Brad Schneider (IL-10), member financial institutions, trade association partners, and industry leaders to discuss important issues affecting the housing finance industry, financial services institutions, and the communities they serve across Illinois’ 10th Congressional District.
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The event provided a forum for local community banks, credit unions, insurance companies and trade association partners to share insights with Rep. Schneider on the opportunities and challenges facing community lenders, including the role community financial institutions play in supporting housing, economic development, and access to credit for individuals, families, and small businesses.
Participants also discussed how FHLBank Chicago’s liquidity products and programs help member institutions meet the needs of their customers and communities. The conversation underscored the importance of collaboration among policymakers, financial institutions, and community partners to address local economic priorities and strengthen neighborhoods across the district.
“FHLBank Chicago is proud to bring together our members, trade association partners, and Congressman Schneider for an important conversation about the issues shaping the financial services industry,” said Michael Ericson, President and CEO of FHLBank Chicago. “Our members play a critical role in expanding access to housing, credit, and opportunity, and we appreciate Congressman Schneider’s engagement and willingness to hear directly from the institutions serving communities throughout Illinois’ 10th District.”
“I want to thank FHLBank Chicago for creating a forum where local lenders and industry stakeholders can share their perspectives and experiences,” said Rep. Schneider. “Community lenders are essential to the strength of our local economy, and conversations like this help ensure we are working together to support families, small businesses, and communities across Illinois’ 10th District.”
“FHLBank Chicago’s low-cost liquidity and strong partnership help us better serve our members and meet the evolving credit needs of those in our community,” said Jim Block, President of BCU (Baxter Credit Union). “This roundtable provided a valuable opportunity to share what we're seeing on the ground and discuss how continued collaboration with policymakers and partners can expand access to housing, support local businesses, and strengthen the places our members call home.”
The roundtable provided a valuable open dialogue between financial institutions and policymakers as they work together to address evolving economic and community development needs. FHLBank Chicago remains committed to supporting its members and partners through financial solutions that help strengthen communities across Illinois and Wisconsin.
Learn more about our public policy and advocacy efforts at fhlbc.com/public-policy.
About the Federal Home Loan Bank of Chicago
FHLBank Chicago is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions, with a focus on providing solutions that support the housing and community development needs of members’ customers. FHLBank Chicago is a self-capitalizing cooperative, owned by its Illinois and Wisconsin members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. To learn more about FHLBank Chicago, please visit fhlbc.com.
Rep. Brad Schneider (IL-10) met with representatives from FHLBank Chicago, their member financial institutions, and the Illinois Bankers Association, Community Bankers Association of Illinois, Illinois Credit Union League, Homebuilders and Remodelers Association of Illinois, and the Illinois REALTORS to discuss housing and financial services issues.
ANDERSON, S.C. (AP) — U.S. Rep. Ralph Norman says it's a “head scratcher” that President Donald Trump endorsed Sen. Darline Graham in South Carolina's Republican Senate runoff, saying his experience in Congress and business — and consistent votes for Trump’s priorities — make him the stronger candidate to replace the late Sen. Lindsey Graham.
Norman's comments came in a wide-ranging interview with The Associated Press ahead of the Aug. 25 GOP runoff to pick a replacement for the senator, who died unexpectedly last month. In a state that routinely elects only Republicans for statewide office, GOP primaries are often the most contentious competitions. Tuesday's winner will face Democrat Annie Andrews in November.
Norman finished second to Graham in a 10-candidate special primary on Aug. 11, though neither won the majority needed to win outright. AP's request for a similar interview with Graham has not been granted.
Darline Graham was appointed as interim senator after her brother's death. She opted to run in the special primary for a full term, something she said Trump — long an ally of her brother — urged her to do. Darline Graham says she's accomplished much during her time as interim, has years of experience running a state agency in South Carolina and will continue to advocate for Trump's goals in the Senate.
Norman said he’s skeptical that South Carolina voters have had enough time to vet the political newcomer for a six-year term, while he’s already been through a statewide campaign this cycle, coming up short in the June gubernatorial primary. He also eschewed the millions being spent on ads against him, much of it from a super PAC that had been aligned with Lindsey Graham and now supports Darline Graham.
Norman backed former South Carolina Gov. Nikki Haley over Trump in the 2024 presidential primary, but has since been a Trump supporter.
Here are excerpts from the AP's conversation with Norman about the race. This transcript has been edited for space and clarity:
A: If you read the mood of the public across the country, it's, “we want gas prices down.” They don’t understand what’s left.
(Trump) did a great job of taking out the nuclear threat that we had for 40 years. … but there’s still a lot of work to be done. The American people do not understand the Strait of Hormuz not being completely controlled by America. That’s what I hear. And gas prices, as a result, are staying high. And I think one of the worst things the president wants is the public to turn on him because he’s not ending it.
Now, what does ending it mean? Well, no one really knows. I mean, does it mean, just a remnant of leaders that are opposed to him? Does it mean bombing? He mentioned that he was going to take out the electrical supplies. He was going to decimate the country. Well, that hasn’t happened. So, I think it’s a communication issue that he needs to get involved with.
So I think he’d be doing himself a big favor to explain more now. He says it’s under no timeline. Well, when the public turns on you, they turn on you.
A: Imagine if I went to (head football coach) Dabo Swinney at Clemson and any of the coaches and said: “Look, I got a prospect I want you to look at, and I want them to. They can start. I want you to sign them up. They can start for the next six years.” “What’s the qualifications?” “They’re kin to Tom Brady.” Tell me how that analogy doesn’t work here.
It’s politics. It’s votes, and I’ve stuck with it, and I will continue to.
A: It’s not the fact that she hasn’t been in politics. Now, she’s worked at a governmental agency. I’ve run a business. I’ve made money and I’ve lost money, and that’s the drawback for any politician. You need to have done that. I have demonstrated that I want to get the national debt solved, which is the cancer that I see is bankrupting this country, but by dodging debates, that’s going to hurt her, and it should.
You got to get out there and answer all questions.
She can run a campaign like she wants to. What’s happened? She’s told the Washington elite they’re dictating the terms because it’s not South Carolina money. Mine is my money and South Carolina’s money, so they’re dictating the terms and giving her the political answers, like Biden: Don’t show up, be in a basement. His was because he was senile. Hers is they want her to win this election.
The powers that be do not want Ralph Norman in there, and it would be questioned, what’s the return on investment that they’re having to come after me like that? What’s the return on investment for the president? If I were your typical politician, I would say, “No, that makes me mad, I’m gonna stop him at every level.” I’m not gonna do that. I don’t play like that. It would be horrible if Kamala Harris had won this. He saved the country, and I really think that. He should go on Rushmore. He really should. What he’s done, it took guts.
But this one is a head scratcher. I’m gonna win this election. We’re gonna win this election, and unless something happens that I, you know — I can just feel it. People are with us, and I’ve got a record they can’t dispute.
A: No. And I told the president it was a loyalty issue. I came in with Nikki. She’s from South Carolina, and he understands that. And again, anybody can take anything and use it to say that was a reason. Look, the minute she lost (the 2024 presidential primary against Trump), I called him, and my record since he’s been in office has been lock solid.
It’s because I believe in him. I just believe what he’s doing. Now I don’t like what he’s doing now, but he’s president. I give him all the leeway to do it if that’s what you want to do. But he’s done so many good things, right, to me.
Voters have to decide that. I mean, if they want to hold that against me, it’s out there. I’m not apologizing.
A: People bait us, “Are you gonna fire (Senate Majority Leader John) Thune?” Well, it’s deeper than that. One, I wouldn’t do it to somebody that I wouldn’t have a conversation with first. When you fire anybody, you talk with them, and you come to an agreement. You either disagree or agree. I would get with Thune, who is a nice man, from what I've been hearing, say, “How can we work on getting the SAVE Act passed? Now, if it’s still the same, “We don’t have the votes. We’re not going to try anything,” and then I’ll just say, “Well, fine, I’m going to work to replace you, and we’ll see who that is.”
Meg Kinnard can be reached at http://x.com/MegKinnardAP
U.S. Sen. Darline Graham, R-S.C., answers questions during a forum for candidates competing in a special Republican Senate primary runoff to replace her late brother, U.S. Sen. Lindsey Graham, R-S.C., Monday, Aug. 17, 2026, in Greenville, S.C. (AP Photo/Meg Kinnard)
U.S. Rep. Ralph Norman, R-S.C., speaks with attendees at the South Carolina Republican Party's Silver Elephant Gala on Saturday, Aug. 15, 2026, in Columbia, S.C. (AP Photo/Meg Kinnard)
