Raskin withdraws Fed nomination

Mar 16, 2022 | NewsWatch Today
Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.

Stablecoins raise policy questions affecting community banks: blog

Mar 15, 2022
With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.

ICBA testifying tomorrow on PPP

Mar 15, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.

CFPB encourages Homeowner Assistance Fund participation

Mar 15, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.

ICBA toolkit offers National Ag Week materials

Mar 14, 2022 | NewsWatch Today
With National Agriculture Day and Week set for next week, ICBA is offering customizable materials community banks can use to celebrate!

FS-ISAC: Global cyber threats to accelerate

Mar 14, 2022 | NewsWatch Today
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical zero-day vulnerabilities.

Omnibus with ICBA-advocated fixes signed into law

Mar 14, 2022 | NewsWatch Today
President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

U.S., other nations announce new actions against Russia

Mar 14, 2022 | NewsWatch Today
The White House announced a new round of international actions against Russia following the invasion of Ukraine.

ICBA testifying next week on PPP

Mar 11, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress next week on community bank leadership in Paycheck Protection Program lending.

Senate passes omnibus with ICBA-advocated fixes

Mar 11, 2022 | NewsWatch Today
The Senate passed the $1.5 trillion omnibus to fund the government through Sept. 30 with ICBA-advocated provisions related to the SBA’s 504 loan program, LIBOR, and cyber incident reporting.

Task force updates AML-deficiency jurisdictions

Mar 11, 2022 | NewsWatch Today
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

CFPB launches rural America initiative

Mar 11, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau launched an initiative to focus on financial issues facing rural America.

ICBA Examining Executive Order on Digital Assets and Its Impact on Community Banks and Consumers

Mar 9, 2022 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the White House’s executive order on digital asset risks and opportunities.

Rounds, Gruenberg, Hsu addressing 2022 Capital Summit

Mar 9, 2022
Several speakers are set for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C.

Agencies announce crypto-related charges with executive order on deck

Mar 9, 2022
The Securities and Exchange Commission and Commodity Futures Trading Commission announced separate charges related to digital asset-related fraud.

ICBA campaign targeting credit union tax exemption

Mar 9, 2022 | NewsWatch Today
ICBA is running a targeted digital campaign encouraging congressional offices to press credit unions on acquisitions of community banks and other key issues.

ICBA supports Senate TAILOR Act

Mar 9, 2022 | NewsWatch Today
ICBA expressed support for Senate legislation to promote tiered banking regulation by requiring agencies to tailor regulatory actions based on the risk profile and business model of affected institutions.

Jennifer Newman Joins ICBA Congressional Relations Team as Assistant Vice President

Mar 8, 2022 | Press Release
The Independent Community Bankers of America® (ICBA), announced today the hire of Jennifer Newman as assistant vice president of congressional relations.

New sanctions target Russian billionaires, disinformation

Mar 4, 2022 | NewsWatch Today
The Treasury and State departments announced additional sanctions on Russian individuals and companies for supporting the Russian government despite existing sanctions.

FinCEN: Beneficial ownership rulemaking next step in BSA/AML overhaul

Mar 4, 2022 | NewsWatch Today
The Financial Crimes Enforcement Network is working to issue proposed rules on beneficial ownership information access and disclosure requirements, FinCEN Deputy Director AnnaLou Tirol said.