ICBA continues challenging legal push on data furnishers

Apr 10, 2024 | NewsWatch Today
ICBA and other groups filed a friend-of-the-court brief rebutting the Consumer Financial Protection Bureau’s continued assertions that consumer reporting agencies and furnishers are obligated to settle legal disputes.

ICBA, groups endorse challenge to credit card late fee rule

Apr 10, 2024 | NewsWatch Today
ICBA and other groups expressed support for House and Senate resolutions to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees.

Treasury repeats call for new authorities to target crypto crime

Apr 10, 2024 | NewsWatch Today
The Treasury Department reiterated its calls for Congress to grant the department additional tools to address illicit actors’ use of cryptocurrencies to facilitate crime.

Challenge to credit card late fee rule introduced in Senate

Apr 9, 2024 | NewsWatch Today
An ICBA-backed resolution to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees was introduced in the Senate.

CFPB reports on credit reporting violations as it considers rulemaking

Apr 9, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a report on accuracy problems in the credit reporting system.

ICBA Capital Summit this month

Apr 9, 2024 | NewsWatch Today
Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event slated for April 28-May 1 in Washington, D.C.

ICBA polling shows Americans oppose credit card routing mandates

Apr 8, 2024 | NewsWatch Today
With Congress back in Washington following a two-week district work period, ICBA released polling that shows Americans oppose legislation to create credit card routing mandates.

SEC suspends ICBA-opposed climate-disclosure rule

Apr 8, 2024 | NewsWatch Today
The Securities and Exchange Commission suspended the implementation of its ICBA-opposed final rule requiring climate-related investor disclosures.

CFPB monitoring use of mortgage discount points

Apr 8, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau said it is monitoring the increase in homebuyers paying “discount points” in recent years.

Community Bankers to Convene for ICBA Capital Summit in the Nation’s Capital

Apr 8, 2024 | Press Release
The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during the 2024 ICBA Capital Summit from April 28 to May 1 in Washington.

Polling Shows Americans Oppose Durbin-Marshall Credit Card Routing Mandates

Apr 7, 2024 | Press Release
With Congress back in Washington following a two-week district work period, new polling from the Independent Community Bankers of America (ICBA) shows Americans say legislation to create credit card routing mandates would harm consumers.

Hsu suggests banks should be liable for authorized transactions

Apr 5, 2024 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu indicated he supports requiring banks to reimburse customers tricked into sending money to fraudulent accounts.

CFPB report targets financial transactions in video games

Apr 5, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a report examining the growth of financial transactions in online video games and virtual worlds.

FHFA issues progress report on FHLBank policy updates

Apr 5, 2024 | NewsWatch Today
​​​​​​​​​​​​​​​​​​The Federal Housing Finance Agency provided an update on its implementation of recommendations included in last year’s report on the Federal Home Loan Bank system.

Independent Banker profiles ICBA board of directors

Apr 4, 2024 | NewsWatch Today
This month’s ICBA Independent Banker magazine introduces the 2024-2025 ICBA board of directors.

CFPB planning credit reporting rulemaking this year: Chopra

Apr 4, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau is planning to propose rules this year to ensure data brokers comply with the Fair Credit Reporting Act, CFPB Director Rohit Chopra said.

SEC official: Agency taking consistent approach to crypto

Apr 4, 2024 | NewsWatch Today
The Securities and Exchange Commission’s head of enforcement, Gurbir Grewal, defended his agency’s actions against illicitly traded cryptoassets.

ICBA urges agencies to issue cease-and-desist orders to Navy Federal

Apr 3, 2024 | NewsWatch Today
Following Navy Federal Credit Union’s announcement that its overseas military banking program will be called “Community Bank,” ICBA urged regulators to issue cease-and-desist orders directing the institution not to refer to itself as a bank.

ICBA urges CFPB to withdraw overdraft proposal

Apr 3, 2024 | NewsWatch Today
ICBA urged the Consumer Financial Protection Bureau to withdraw its proposed rule to apply Regulation Z lending requirements to overdraft services.

FinCEN underestimates beneficial ownership collection burden: ICBA

Apr 3, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network’s estimated burden of complying with its final rule on accessing beneficial ownership information does not accurately reflect the demands of collecting this information, ICBA said.