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Committee passes ICBA-advocated resolution to block CFPB’s 1071 rule

The House Financial Services Committee voted 29-21 to advance an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule.

Jul 28, 2023
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Article
Compliance

FDIC issues new cease-and-desist letter on deposit insurance claims

The FDIC issued a new letter demanding that a nonbank crypto entity cease making false or misleading representations about deposit insurance.

Aug 07, 2023
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Article
Deposit Insurance

ICBA offers summary on large bank capital proposal

ICBA released a summary of a recently released interagency proposed rule to strengthen regulatory capital standards on large banks.

Aug 07, 2023
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA issues summary on large bank capital proposal

ICBA released a summary of a recently released interagency proposed rule to strengthen regulatory capital standards on large banks.

Aug 04, 2023
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Article
Risk