Washington, D.C. (Feb. 3, 2025) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey this week will testify before the House Financial Services Committee during a hearing titled “Make Community Banking Great Again.” Testimony and comments will cover a range of issues during the committee’s first hearing of the 119th Congress under Chairman French Hill (R-Ark.).

WHO: ICBA President and CEO Rebeca Romero Rainey, a third-generation community banker and top industry advocate, will appear as a witness.

WHAT: ICBA’s “Repair, Reform, and Thrive” plan, a comprehensive three-part agenda for legislative and regulatory changes, will take center stage as Rebeca covers:

  • The important role of community banks in meeting the financial services needs of local communities.
  • The impact of burdensome regulations, including the Consumer Financial Protection Bureau’s 1071 rule.
  • The need for tiered and proportionate banking regulations that will encourage new de novo bank formation.

WHERE: Room 2128, Rayburn House Office Building; watch via livestream.

WHEN: 10 a.m. EST Wednesday, Feb. 5.


About ICBA

The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.