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ICBA urges senators to co-sponsor bill to close ILC loophole

ICBA urged senators to co-sponsor ICBA-advocated legislation to permanently close the industrial loan company loophole.

Jun 28, 2024
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Article
Grassroots/Be Heard

GM withdraws ILC charter application

General Motors withdrew its ICBA-opposed application for deposit insurance, suspending its bid to form an industrial loan company.

Jun 27, 2024
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Article

Sen. Stabenow: It’s time to pass a farm bill

Senate Agriculture Committee Chair Debbie Stabenow (D-Mich.) called for negotiations on the next farm bill.

Jun 27, 2024
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Article
Farm Bill

Fed’s Bowman recommends Basel III Endgame changes

Federal Reserve Governor Michelle Bowman said she sees a path forward for implementing proposed Basel III Endgame capital rules that addresses concerns with their effectiveness and efficiency.

Jun 27, 2024
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Article