House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s majority staff for the 118th Congress. Staffers include Staff Director Matthew Hoffmann, Chief Counsel and Policy Director Kimberly Betz, and Director of Operations Lindsey Shackelford.
ICBA continued its campaign opposing changes to the Community Development Financial Institution certification application during a meeting with House Financial Services Committee Ranking Member Maxine Waters (D-Calif.).
The Independent Community Bankers of America (ICBA) today announced the hire of Stephanie Foster as director, ThinkTECH Accelerator. Foster serves in a newly created position following ICBA’s announced plans to bring its highly successful ThinkTECH Accelerator program inhouse.
In recognition of Data Privacy Week, the Independent Community Bankers of America (ICBA) is reminding consumers of practical steps to help safeguard their sensitive data and protect against losses in the event of a data breach or compromise.
The Consumer Financial Protection Bureau was incorrect in determining that the Truth in Lending Act does not preempt a recently enacted New York State disclosure law, ICBA said in a new comment letter.
ICBA and other groups called on the Consumer Financial Protection Bureau to comply with the Small Business Regulatory Enforcement Fairness Act as it considers reducing or eliminating the safe harbor fee that credit card issuers may charge to avoid scrutiny of their fees as unreasonable.
Senate Banking Committee members Mark Warner (D-Va.) and Mike Crapo (R-Idaho) encouraged the Treasury Department to consider all comments responding to its proposal to revise Community Development Financial Institution certification application and reporting requirements.
While federal regulators are working to finalize climate risk proposals that purportedly target the nation's largest financial institutions, the proposals would inevitably subject community banks to new and expensive regulatory burdens, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.
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.