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Global regulators issue guidance on stablecoin oversight

Global regulators issue guidance on stablecoin oversight Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins....

Oct 07, 2021
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Article
Digital Assets Technology

WSJ editorial targets IRS reporting plan

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...

Oct 06, 2021
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Article
Taxes & Budget

Quarles: LIBOR definitely expiring at year-end

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....

Oct 06, 2021
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Article
Lending

Financial Stability Board issues stablecoin progress report

Financial Stability Board issues stablecoin progress report The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global...

Oct 08, 2021
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Article
Digital Assets Technology

ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ​

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...

Oct 05, 2021
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Article
Consumer Financial Protection Bureau (CFPB)

Administration planning crypto charter proposal: report

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...

Oct 04, 2021
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Article
Digital Assets Technology

ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation

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...

Oct 01, 2021
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Testifies on Preserving Community Bank SBA Lending

ICBA Testifies on Preserving Community Bank SBA Lending The Independent Community Bankers of America today called on Congress to reject proposed changes to the Small Business Administration 7(a)...

Sep 30, 2021
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Article
Lending Small Business Administration

ICBA Securities’ Exclusively Endorsed Broker Announces Sale

ICBA Securities’ Exclusively Endorsed Broker Announces Sale ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, released the following statement in...

Sep 29, 2021
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Article

ICBA takes on postal banking pilot in press

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. ICBA continued...

Oct 06, 2021
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Article
Postal Service Banking

Minority bank council to Congress: reject IRS reporting plan

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...

Oct 04, 2021
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Article
Taxes & Budget

Luetkemeyer leads pushback on 7(a) direct loan proposal

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...

Oct 04, 2021
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Article
Lending

Minority Banks Urge Congress to Scrap IRS Reporting Plan

Minority Banks Urge Congress to Scrap IRS Reporting Plan The Independent Community Bankers of America’s Minority Bank Advisory Council today expressed strong opposition to the Biden...

Oct 01, 2021
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Article
Military Lending

ICBA to Congress: Preserve community bank SBA lending

ICBA to Congress: Preserve community bank SBA lending ICBA called on Congress to reject proposed changes to the SBA 7(a) loan program that would displace community bank SBA lending. ICBA called on...

Oct 01, 2021
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Article
Lending Small Business Administration

ICBA offers Cybersecurity Awareness Month resources

ICBA offers Cybersecurity Awareness Month resources With Cybersecurity Awareness Month kicking off today, ICBA is offering community banks various resources to participate. With Cybersecurity...

Oct 01, 2021
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Article
Technology

Public-private partnership key to CBDC: report

Public-private partnership key to CBDC: report A future central bank digital currency system would need to involve both public and private actors to ensure interoperability with the broader payment...

Oct 01, 2021
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Article
Payments

IRS proposal tweaks don’t stop pushback

IRS proposal tweaks don’t stop pushback While policymakers are looking to narrow the ICBA-opposed IRS reporting proposal, ICBA is continuing its campaign urging consumers to speak out against the...

Sep 27, 2021
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Article
Taxes & Budget

ICBA: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan ​

ICBA: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan ​ ICBA President and CEO Rebeca Romero Rainey issues statement on the latest congressional efforts to allow the IRS to collect...

Sep 24, 2021
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Article
Taxes & Budget

ICBA Launches Ad Campaign on Credit Union Tax Exemption

ICBA Launches Ad Campaign on Credit Union Tax Exemption The Independent Community Bankers of America this week launched a print and digital advertising campaign to inform Americans about the credit...

Sep 23, 2021
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Article
Credit Unions

ICBA launches multi-state credit union ad push

ICBA launches multi-state credit union ad push ICBA today is launching a print and digital advertising campaign in key states calling on Congress to investigate the credit union tax exemption and...

Sep 22, 2021
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Article
Taxes & Budget