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By Paul Merski
While the 116th Congress winds down in the coming weeks with its post-election "lame duck" session, ICBA's efforts to pass much-needed economic stimulus measures continue unabated.
The prospect of lawmakers reaching a deal on another emergency relief package remains an uphill climb. Whereas congressional Democrats advocate passage of a spending package worth more than $1 trillion, Republicans are looking for a more targeted deal closer to $500 billion.
Nevertheless, as laid out in a recent letter to congressional leaders, ICBA continues working to ensure any deal includes the following community bank priorities:
While ICBA works continuously with Congress to advance these priorities, lawmakers need to hear it straight from their community bank constituents. Community bankers can use ICBA’s Be Heard grassroots action center to send customizable messages to Congress to spread the word on Capitol Hill.
As ICBA notes in its 2020 election analysis and latest Community Bank Briefing webinar, ICBA and community banks are well positioned headed into the 117th Congress. But with these top policy priorities remaining unfinished business, we will continue working to advance them in the remaining weeks of 2020 to help community banks meet the needs of their communities.
Paul Merski is ICBA group executive vice president of congressional relations and strategy.