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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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Senate blocks amendment to stop IRS monitoring on party-line vote

The Senate voted down an ICBA-advocated amendment that would have barred the IRS from using funds in a pending spending bill to monitor bank customers’ financial transactions.
August 11, 2021 | ICBA NewsWatch Today   Taxes & Budget 

CFPB: Mortgage servicers’ pandemic response varies significantly

The Consumer Financial Protection Bureau published a report detailing the mortgage industry’s varied response to the pandemic.
August 11, 2021 | ICBA NewsWatch Today   Compliance 

PPP non-employer borrowers most successful with community banks: study

Small businesses without employees were most successful in obtaining Paycheck Protection Program funding from community banks and were the most satisfied with the support they received during the pandemic compared to large banks and credit unions.
August 06, 2021 | ICBA NewsWatch Today   Crisis Preparedness Lending 

CFPB updates mortgage servicing small entity compliance guide

The Consumer Financial Protection Bureau updated its Mortgage Servicing Small Entity Compliance Guide to include guidance on the 2021 Mortgage Servicing COVID-19 final rule and the 2020 Mortgage Servicing COVID-19 interim final rule.
August 06, 2021 | ICBA NewsWatch Today   Compliance Compliance 

CFPB interpretive rule re: Juneteenth 2021

The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of June 19, 2021 as a business day or federal holiday.
August 06, 2021 | ICBA NewsWatch Today   Compliance 

LEAD FWD lineup taking shape

The speaker lineup for the ICBA LEAD FWD Summit, live-streaming Sept. 21-22, is taking shape with the announcement of Precious Williams, a 13-time national pitch champion as the Day 2 keynote speaker.
August 05, 2021 | ICBA NewsWatch Today  

August recess offers opportunity to connect with Congress

The best way to influence policymakers is to get in front of them in-person, according to the Congressional Management Foundation and the August recess is the best time to schedule an in-district meeting.
August 05, 2021 | ICBA NewsWatch Today   Advocacy 

OCC, SEC discuss the state of cryptocurrency

In separate events, Securities and Exchange Chairman Gary Gensler and Acting Comptroller of the Currency Michael Hsu discussed efforts underway to adapt to the digitization of banking and finance.
August 04, 2021 | ICBA NewsWatch Today   Digital Assets Technology Fintech Regulation 

ICBA: Congress needs to examine credit union-community bank acquisitions

ICBA urged the Senate Banking Committee to re-examine the anti-competitive effect from the surge in credit union acquisitions of taxpaying community banks and the permissive oversight of the National Credit Union Administration.
August 04, 2021 | ICBA NewsWatch Today   Credit Unions 

Regulators provide state of the industry report to Congress

Agency heads from the FDIC, OCC, and the NCUA provided a state of the industry update during testimony before the Senate Banking Committee yesterday.
August 04, 2021 | ICBA NewsWatch Today   Advocacy Technology Fintech Regulation 

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