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SEC chair, commissioner push for rational crypto framework
In his first public remarks since being sworn in as Securities and Exchange Commission chair, Paul Atkins said he looks forward to working with market participants, the administration, and Congress.
ICBA urging grassroots outreach on ACRE Act
With Congress potentially taking up tax legislation when it returns from the current congressional recess, ICBA is calling on community bankers to urge their lawmakers to co-sponsor legislation...
House Democrats urge Treasury to exempt CDFI Fund from cuts
House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and 87 House Democrats asked Treasury Secretary Scott Bessent to exclude the CDFI Fund from a recent executive order...
French Hill, Byron Donalds slated for ICBA Capital Summit
House Financial Services Committee Chairman French Hill (R-Ark.), Rep. Byron Donalds (R-Fla.), and Deputy Treasury Secretary Michael Faulkender are scheduled to speak during next month’s ICBA...
Independent Banker: Capital Summit shapes the future of community banking
At ICBA Capital Summit—slated for May 12-15 in Washington, D.C.—community bankers engage in important discussions about the future of community banking, advocate for policies that support local...
ICBA urges OCC to preserve dedicated supervision for community banks
In response to the OCC’s decision to combine its community, midsize, and large bank supervision functions, ICBA said merging supervisory functions threatens to dilute the nuanced oversight that...
ICBA, other groups affirm support for legislation to prohibit mortgage trigger leads
ICBA and other groups expressed support for the reintroduction of legislation in the House and Senate to protect the financial privacy of mortgage applicants.
Community bankers to hear quick pitches from fintechs Thursday
ICBA ThinkTECH Connect—which provides a quick look at fintech companies that may be of interest to community banks—is scheduled for noon (Eastern time) this Thursday, April 24.
FDIC modifies resolution planning for large banks
The FDIC modified its approach to resolution planning for large banks.
Fed proposes stress test changes
The Federal Reserve proposed changes that would reduce the volatility of capital requirements stemming from its annual stress test results.
Fed’s Barr: Banks are frontline defenders against deepfake-enabled fraud
Banks play a critical role in safeguarding against deepfake-driven fraud given their direct handling of financial transactions and sensitive customer data, according to Federal Reserve Governor...
ICBA urges OCC to preserve dedicated supervision for community banks
In response to the OCC’s announced decision to combine its community, midsize, and large bank supervision functions, ICBA said merging supervisory functions threatens to dilute the nuanced...
ICBA Urges OCC to Preserve Dedicated Supervision for Community Banks
ICBA President and CEO Rebeca Romero Rainey issued the following statement in opposition to the OCC’s announced decision to merge its community, midsize, and large bank supervision functions into a...
Acquisition ignites calls to end tax exemption for large credit unions
ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a...
After community bank acquisition, ICBA urges end to tax exemption for billion-dollar credit unions
ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a...
Judge scraps CFPB credit card late fee rule
A federal judge voided a Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule was illegal.
ICBA Urges End to Tax Exemption for Billion-dollar Credit Unions After Another Community Bank Acquisition
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement in response to the latest acquisition of a tax-paying community bank by a...
New blog post highlights value of compensation data
Reliable competitive compensation and benefits data are crucial to securing and retaining top performers, according to a new Main Street Matters blog post.
ICBA, other groups oppose efforts to increase income tax rates
ICBA and other groups said recent proposals to raise the top individual income tax rate to 40% would disproportionately harm hundreds of thousands of pass-through businesses organized as S...
OCC releases bank letter on information security incident
The OCC released a letter sent to supervised institutions regarding unauthorized access to OCC email systems. The letter included background on the February incident, the OCC’s response, and what...