Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of President Donald Trump’s nomination of Luke Pettit to be Treasury assistant secretary for financial institutions.

ICBA released a briefing document outlining the key community banking provisions of the recently passed One Big Beautiful Bill Act budget reconciliation package (H.R. 1).

The OCC announced that it removed references for disparate impact liability from the “Fair Lending” booklet of the Comptroller’s Handbook, started removing references in other materials, and instructed examiners that they should no longer examine for disparate impact.