The Treasury Department announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which focuses on climate risk management. The department noted that the NGFS was organized to help to meet the goals of the Paris Agreement, from which the United States has withdrawn.
The Trump administration rescinded the original memo outlining its freeze for some federal agency grant and loan programs while noting the funding pauses spelled out in previous executive orders remain in effect.
The Federal Open Market Committee voted to maintain the target range for the federal funds rate at a range of 4.25% to 4.5%, citing an uncertain economic and inflation outlook.
ICBA is reviewing the community banking industry impact of the Trump administration’s pause to some federal agency grant and loan programs, which has been temporarily blocked by a federal judge until Monday.
In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court injunction.
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court injunction.
Dave Fishwick, the English businessman whose story inspired the Netflix hit “Bank of Dave” and other movies about community banking, will be speaking at ICBA LIVE 2025.
After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement needed policy reforms.
The Commodity Futures Trading Commission announced it will soon begin a series of public roundtables on several evolving issues, including digital assets.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Scott Bessent's confirmation for Treasury secretary.
The House Financial Services Committee announced hearings for February, including a “Making Community Banking Great Again” hearing at 10 a.m. (Eastern time) Wednesday, Feb. 5.
With major tax legislation high on the congressional agenda, ICBA is making a final call for interested Subchapter S bankers to join the new Subchapter S Tax Working Group. ICBA members who do not currently serve in ICBA leadership are encouraged to apply.
President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.”
As President Donald Trump considers nominees to lead the federal banking agencies under his new administration, policymakers have a unique opportunity to secure representation for community banks, ICBA President and CEO Rebeca Romero Rainey wrote in a recent op-ed.
ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.
ICBA said the latest announced acquisition of a community bank by a tax-exempt credit union—featuring a controversial credit union and the first such deal in California—demands a policy response.
