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As agencies launch reg review, ICBA urges meaningful results

With the federal banking agencies launching their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, ICBA urged the agencies to advance more meaningful relief than they have enacted under previous reviews.
February 07, 2024 | ICBA NewsWatch Today  

Yellen calls for federal floor on stablecoin regulations

While federal agencies have some regulatory authority to oversee digital assets, Congress should develop a framework to close gaps in oversight, Treasury Secretary Janet Yellen told the House Financial Services Committee.
February 07, 2024 | ICBA NewsWatch Today   Digital Assets 

The Status of De Novos Going Into 2024

De novos breathe new life into the banking sector, but activity is still far below its historic highs. That said, a new crop of community banks shows there’s great potential for success—especially with the power of experienced bankers behind them. Here, de novos tell us how they got their start, the challenges they addressed and what the future looks like for this section of community banking.
February 06, 2024 | Independent Banker  

Lawmakers urge House hearing on Navy Federal lending practices

House Financial Services Ranking Member Maxine Waters (D-Calif.) and other Democratic committee members urged Chairman Patrick McHenry (R-N.C.) to hold a hearing on reports of discriminatory lending at Navy Federal Credit Union.
February 06, 2024 | ICBA NewsWatch Today   Credit Unions 

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