NewsWatch Today

ICBA released a briefing document outlining the key community banking provisions of the recently passed One Big Beautiful Bill Act budget reconciliation package (H.R. 1).

The OCC announced that it removed references for disparate impact liability from the “Fair Lending” booklet of the Comptroller’s Handbook, started removing references in other materials, and instructed examiners that they should no longer examine for disparate impact.

The federal banking agencies issued a joint statement to provide clarity on banks' engagement in cryptoasset-related activities, highlighting potential risk-management considerations related to holding cryptoassets on customers' behalf.

Community banks in Texas are raising money for flood relief.

The FDIC announced regulatory relief to facilitate recovery in areas of Texas affected by severe storms, straight-line winds, and flooding.

The federal banking agencies published a proposal to revise the FFIEC 031 call report and to extend the FFIEC 041 and FFIEC 051 call reports without revision.

The Senate voted to confirm William Briggs as deputy administrator of the Small Business Administration.

Agriculture Secretary Brooke Rollins announced that farmers who suffered eligible crop losses due to natural disasters in 2023 and 2024 can apply for $16 billion in assistance through the Supplemental Disaster Relief Program.

While all participants in last month’s Federal Open Market Committee meeting supported holding steady on target interest rates, “a couple” of participants said they would be open to cutting rates as soon as the next meeting.

ICBA announced that the ThinkTECH Accelerator program showcase will once again take place at the Graduate School of Banking at Colorado.

The OCC announced updates for certain notices and posters required by the Community Reinvestment Act, Equal Credit Opportunity Act, and Fair Housing Act.

Community bankers’ optimism on the future economy is holding steady, according to the Conference of State Bank Supervisors’ second-quarter Community Bank Sentiment Index.