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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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PPP loan-forgiveness problems make news

Politico reported on the frustrations of community banks and other lenders with the Paycheck Protection Program's loan-forgiveness process.
September 29, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

ICBA opposes threshold change on securities filings

ICBA filed a comment letter opposing the SEC's proposal to raise the threshold over which institutional investment managers are required to file quarterly Form 13F reports.
September 29, 2020 | ICBA NewsWatch Today   SEC 

Hearing on fintech payments framework

While Congress continues to work on another stimulus package, the House Financial Services Committee has a virtual hearing this week on fintech payments.
September 28, 2020 | ICBA NewsWatch Today   Fintech Regulation 

Regulator council backs stricter GSE capital standards

The Financial Stability Oversight Council largely endorsed the Federal Housing Finance Agency's proposal to raise capital requirements on Fannie Mae and Freddie Mac.
September 28, 2020 | ICBA NewsWatch Today   Lending Mortgage Rules 

ICBA to Congress: Simplify PPP forgiveness

ICBA urged Congress to immediately pass stand-alone legislation to simplify Paycheck Protection Program loan forgiveness to preserve the success of the program.
September 28, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

ICBA to Congress: Help Small Businesses by Simplifying PPP Forgiveness

ICBA today urged Congress to immediately pass stand-alone legislation to help millions of small businesses by simplifying Paycheck Protection Program loan forgiveness.
September 25, 2020 | Press Release   Advocacy Crisis Preparedness Lending 

Congress to agencies: Act on PPP asset-threshold impact

ICBA's push for policymakers to address the impact of Paycheck Protection Program loans on regulatory asset thresholds continued making headway.
September 25, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA Statement for PPP Hearing 9-25-2020

A simplified forgiveness process is urgently needed to ensure the PPP does not become a quagmire of red tape for lenders and borrowers, distracting them from the hard work of restoring employment growth.
September 25, 2020 | News   Advocacy Crisis Preparedness Lending 

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