GENIUS Act bill to establish stablecoin regulations signed into law

Jul 21, 2025 | NewsWatch Today
President Donald Trump signed into law the GENIUS Act, which establishes a regulatory framework for payment stablecoins. The bill signing follows a House vote last week of 308-122 to pass the GENIUS Act following Senate passage last month.

Senators introduce bill to roll back 1071 requirements

Jul 21, 2025 | NewsWatch Today
Sens. Katie Britt (R-Ala.) and John Boozman (R-Ark.) introduced legislation to shield community banks from the Consumer Financial Protection Bureau’s Section 1071 small-business reporting rule.

ICBA: OCC should postpone decisions on recent charter applications

Jul 21, 2025 | Press Release
ICBA and other groups told the OCC that recent national bank charter applications raise substantial concerns and urged the OCC to postpone considering the applications.