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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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Brainard: Fed ‘staying the course’ in tackling inflation

The Federal Reserve is “determined to stay the course” to address inflation and restore price stability, Fed Vice Chair Lael Brainard said.
January 20, 2023 | ICBA NewsWatch Today   Inflation 

CFPB issues guidance on ‘negative option’ subscriptions

The Consumer Financial Protection Bureau issued a circular affirming that companies offering “negative option” subscription services must comply with federal consumer financial protection law.
January 20, 2023 | ICBA NewsWatch Today   Compliance 

FinCEN announces BSA penalty inflation adjustments

The Financial Crimes Enforcement Network today is set to issue a final rule to reflect annual inflation adjustments to its civil monetary penalties as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990.
January 19, 2023 | ICBA NewsWatch Today   Compliance 

CFPB updates mortgage servicing exam procedures

The Consumer Financial Protection Bureau released updated mortgage servicing examination procedures for use by CFPB examiners.
January 19, 2023 | ICBA NewsWatch Today   Compliance 

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