The Independent Community Bankers of America (ICBA) today commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community banks and the local communities they serve.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Supreme Court ruling on the constitutionality of the Consumer Financial Protection Bureau’s funding structure.
FDIC Chairman Martin Gruenberg accepted responsibility for reports of misconduct at his agency during a House Financial Services Committee hearing on regulatory oversight.
The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.
Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.
A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.
ICBA and other groups expressed concerns with a Federal Housing Finance Agency plan to publish historical data on the VantageScore 4.0 credit scoring model this year.
ICBA expressed vehement opposition to a Federal Reserve Board proposal to impose a nearly 30% cut to debit interchange that would leave nearly one-third of covered issuers below cost recovery.
A federal judge issued a temporary injunction of the Consumer Financial Protection Bureau’s final rule on credit card late fees, which was scheduled to take effect tomorrow.
America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today. The joint letter was submitted by the Bank Policy Institute,
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) touted his ICBA-supported resolution to nullify the Consumer Financial Protection Bureau’s final rule on credit card late fees during a committee hearing.
The Federal Reserve Board released a summary of an exploratory pilot climate scenario analysis exercise that it conducted with six of the nation's largest banks, with the megabanks reporting challenges in conducting the climate analysis.
The Federal Reserve is stepping up supervisory work with community and regional banks that have significant commercial real estate concentrations, Fed Governor Lisa Cook said.
