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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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ICBA urges House to reject Durbin Amendment expansion

ICBA told House leaders it strongly opposes the Credit Card Competition Act of 2022 (H.R. 8874), controversial legislation to create new credit card routing mandates that expand on Durbin Amendment interchange restrictions.
September 22, 2022 | ICBA NewsWatch Today   Lending Payments 

Fed raises rates as projections reflect impact

The Federal Open Market Committee raised the federal funds rate target by another 75 basis points and released updated projections reflecting the impact of its campaign against inflation.
September 22, 2022 | ICBA NewsWatch Today   Inflation 

Treasury announces Emergency Capital Investment Program recipients

The Treasury Department announced that it has made over $8.28 billion of investments in 162 community financial institutions across the country through the Emergency Capital Investment Program.
September 22, 2022 | ICBA NewsWatch Today   Department of Treasury 

Liang: Treasury-led CBDC group a work in progress

The Treasury Department is still working out the details of a Treasury-led interagency work group on considering the adoption of a U.S. central bank digital currency, Treasury Undersecretary Nellie Liang said.
September 21, 2022 | ICBA NewsWatch Today   Payments 

ICBA Strongly Opposes Gooden-Welch Credit Card Bill

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House introduction of the Credit Card Competition Act.
September 20, 2022 | Press Release   Credit Cards Lending Payments 

As feds report on digital assets, ICBA poll suggests consumer skepticism

Following the Biden administration’s release of reports on digital assets policy, ICBA released new polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.
September 19, 2022 | ICBA NewsWatch Today   Digital Assets Technology 

Article, campaign spotlight harmful impact of Durbin Amendment expansion

ICBA-opposed legislation to create new credit card routing mandates that expand on Durbin Amendment payments interventions would dramatically affect credit card rewards programs, according to a new report from The Points Guy.
September 19, 2022 | ICBA NewsWatch Today   Lending Payments 

ICBA ThinkTECH alums earn Finovate honors

ICBA and The Venture Center recognized this year’s Finovate Fall 2022 Best of Show winners, LemonadeLXP and Quilo, both of which were 2022 ICBA ThinkTECH Accelerator participants.
September 19, 2022 | ICBA NewsWatch Today  

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