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ICBA applauds agencies for proposing to rescind CRA rule
ICBA applauded the federal banking agencies for announcing plans to rescind their final rule reforming the Community Reinvestment Act, citing its disproportionate implementation costs for community...
ICBA commends SEC for ending defense of climate-related disclosure rule
ICBA commended the SEC for ending the defense of its rule requiring public companies to issue climate-related disclosures, which would have a damaging impact on the capital markets, community...
After Senate passes resolution to overturn overdraft rule, House grassroots action needed
After the ICBA-supported Congressional Review Act resolution, S.J. Res 18, last week passed the Senate, it moves to the House of Representatives, where a vote is expected this week—requiring...
ICBA Applauds Agencies for Proposing to Rescind Harmful Community Reinvestment Act Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s announcement that the federal banking regulators intend to issue a proposal to rescind the Community...
ICBA Commends SEC for Ending Defense of Harmful Climate-Related Disclosure Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on the Securities and Exchange Commission’s vote to end its legal defense of its ICBA-opposed rule requiring...
Webinar next week on the future of community banking
BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.
ICBA urging grassroots outreach ahead of Senate overdraft vote
With the Senate set to vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their senators to...
ICBA Applauds Senate Passage of Resolution to Overturn Flawed CFPB Overdraft Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on the Senate’s passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s...
HUD revises residency requirements for FHA loans
The Federal Housing Administration published revisions to residency requirements that will eliminate the “Non-permanent Residents” category in both the Single Family Title I and Title II programs.
Treasury publishes final rule removing BOI reporting requirements for U.S. companies
The Treasury Department announced the formal publication of the FinCEN interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information...
CFPB withdraws court filing claiming Reg E applies to wire transactions
The Consumer Financial Protection Bureau withdrew a court filing in which it previously argued that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E.
SEC ends defense of ICBA-opposed climate-disclosure rule
The Securities and Exchange Commission voted to end its legal defense of its ICBA-opposed rule requiring climate-related investor disclosures.
Advocacy week in review
As policymakers continued to ramp up their work on federal policy, ICBA this week.
ICBA applauds executive order combating check fraud
ICBA applauded the Trump administration for working to combat the threat of check fraud by addressing the Treasury Department’s use of paper checks.
Webinar next week on the future of community banking
BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.
ICBA: Durbin-Marshall bill would harm consumers, reduce choice
ICBA and other groups warned Congress that any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market would harm consumers, small...
FinCEN publishes FAQs on border Geographic Targeting Order
The FinCEN published responses to FAQs about its March 11 Geographic Targeting Order to combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along...
Financial Trades to Congress: Misguided Durbin-Marshall Bill will Harm Consumers, Small Businesses and Financial Institutions
In a new letter filed today, organizations warned that any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market would harm consumers,...
ICBA Applauds Trump Administration on Executive Order Combating Check Fraud
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s executive order on federal payments.
Ahead of Senate overdraft vote, ICBA urging grassroots outreach
With the Senate expected to vote this week on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their...