The Consumer Financial Protection Bureau withdrew its proposed rule on data broker practices (Regulation V), calling it unnecessary or appropriate at this time.
House Financial Services Committee Chairman French Hill (R-Ark.) told community bankers at the ICBA Capital Summit that he considers his panel the “access-to-capital committee.”
Rep. Randy Feenstra (R-Iowa) called on ICBA Capital Summit attendees to encourage their members of Congress to add the Access to Credit for our Rural Economy (ACRE) Act to the Senate version of the tax reconciliation bill.
Deputy Treasury Secretary Michael Faulkender told community bankers at the ICBA Capital Summit that Trump administration tax priorities pending in Congress would support community banks and local communities.
Rep. Byron Donalds (R-Fla.) told ICBA Capital Summit attendees that supporting community banking is not a partisan issue—it's a common-sense approach to helping small businesses thrive and support the economy.
ICBA President and CEO Rebeca Romero Rainey told community bankers gathered in Washington that community banks are the reason that the U.S. has more small businesses than anywhere else in the world.
The House Ways and Means Committee’s “One, Big, Beautiful Bill” legislative package includes many ICBA-advocated tax policies, ICBA said in a national news release.
President Donald Trump signed into law an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services, finalizing a key policy success for community bankers.
The Consumer Financial Protection Bureau announced the withdrawal of certain guidance, interpretive rules, policy statements, and advisory opinions issued since 2011.
