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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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WSJ editorial targets IRS reporting plan

ICBA’s campaign against the reconciliation package’s IRS reporting proposal picked up additional steam with a Wall Street Journal editorial opposing the measure.
October 06, 2021 | ICBA NewsWatch Today   Taxes & Budget 

Quarles: LIBOR definitely expiring at year-end

Market participants should act now to accelerate their transition away from LIBOR, Federal Reserve Vice Chair for Supervision Randal Quarles said.
October 06, 2021 | ICBA NewsWatch Today   Lending 

ICBA takes on postal banking pilot in press

ICBA continued its pushback against the U.S. Postal Service’s quiet launch of a financial services pilot program to test postal banking.
October 06, 2021 | ICBA NewsWatch Today   Postal Service Banking 

ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ​

ICBA and the nation’s community banks are reminding consumers of simple actions they can take during Cybersecurity Awareness Month to safeguard sensitive data and keep their digital lives secure.
October 05, 2021 | Press Release   Consumer Financial Protection Bureau 

Administration planning crypto charter proposal: report

The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto companies that issue stablecoins, The Wall Street Journal reported.
October 04, 2021 | ICBA NewsWatch Today   Digital Assets Technology 

Minority bank council to Congress: reject IRS reporting plan

ICBA’s Minority Bank Advisory Council continued its opposition to the Biden administration’s proposal to require banks to report customer account information to the IRS.
October 04, 2021 | ICBA NewsWatch Today   Taxes & Budget 

Luetkemeyer leads pushback on 7(a) direct loan proposal

House Small Business Committee Ranking Member Blaine Luetkemeyer (R-Mo.) expressed concerns with ICBA-opposed proposed changes to the SBA 7(a) loan program.
October 04, 2021 | ICBA NewsWatch Today   Lending 

ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of Rohit Chopra for Consumer Financial Protection Bureau director.
October 01, 2021 | Press Release   Consumer Financial Protection Bureau 

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