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Court rules CFPB funding structure unconstitutional
A federal appeals court ruled that the Consumer Financial Protection Bureau's funding method is unconstitutional.
ICBA Strongly Opposes FDIC Vote on Assessment Rates
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s FDIC board vote approving an ICBA-opposed proposal to dramatically...
FDIC minority bank subcommittee meeting tomorrow
The FDIC Advisory Committee on Community Banking’s Minority Depository Institutions Subcommittee will convene at 1 p.m. (Eastern time) tomorrow, Oct. 25.
ICBA pushback on FHFA capital standards rules makes headlines
ICBA’s joint letter urging the Federal Housing Finance Agency to align its capital standards with federal banking agencies was covered in PoliticoPro, American Banker, and Housing Wire.
CFPB directs credit bureaus to screen for nonsensical data in credit reports
The Consumer Financial Protection Bureau issued guidance directing consumer reporting companies to take necessary steps to detect and remove conflicting or nonsensical “junk data” from consumer...
FDIC board meeting tomorrow on assessments, supervisory appeals
The FDIC scheduled a board meeting for tomorrow to vote on its ICBA-opposed proposals to dramatically increase deposit insurance assessments and to eliminate its Office of Supervisory Appeals.
Interchange measure cut from defense bill, but threat remains
While a must-pass defense bill excludes ICBA-opposed legislation that would create new credit card routing mandates, ICBA continues urging community bankers to speak out against the proposed Durbin...
ICBA Foundation continues seeking Hurricane Ian donations
The new ICBA Foundation Disaster Relief Program has raised more than $25,000 in its first 48 hours to help community bank employees affected by Hurricane Ian—but more donations are needed from...