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IRS plan excluded from budget framework — for now

IRS plan excluded from budget framework — for now A Biden administration draft framework for the next round of congressional reconciliation discussions leaves out the ICBA-opposed IRS reporting...

Oct 29, 2021
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Article
Taxes & Budget

FHFA proposes GSE capital disclosures

FHFA proposes GSE capital disclosures The Federal Housing Finance Agency proposed additional public disclosure requirements for Fannie Mae and Freddie Mac’s Enterprise Regulatory Capital Framework....

Oct 28, 2021
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Article
Housing Finance/GSEs

CFTC head makes push to be primary crypto regulator

CFTC head makes push to be primary crypto regulator The acting head of the Commodity Futures Trading Commission urged Congress to consider granting his agency the authority to be the primary...

Oct 28, 2021
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Article
Digital Assets Technology

ICBA, groups oppose grantor trust rule changes

ICBA, groups oppose grantor trust rule changes ICBA and other business groups urged Congress to reject proposed changes to grantor trust and valuation rules in the Build Back Better reconciliation...

Oct 29, 2021
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Article
Taxes & Budget

OCC issues revised TILA procedures

OCC issues revised TILA procedures The OCC issued revised interagency examination procedures and rescissions for the Truth in Lending Act The OCC issued revised interagency examination procedures...

Oct 29, 2021
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Article
Compliance

ICBA Statement on IRS Bank Reporting Proposal

ICBA Statement on IRS Bank Reporting Proposal ICBA and the nation’s community banks applaud the exclusion of the widely opposed IRS bank reporting proposal from today’s budget reconciliation...

Oct 28, 2021
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Article
Taxes & Budget

ICBA talks IRS on Fox News as House Dem coalition pushes back

ICBA talks IRS on Fox News as House Dem coalition pushes back ICBA leaders appeared on Fox News to continue raising awareness of the widely opposed IRS reporting proposal. ICBA leaders appeared on...

Oct 28, 2021
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Article
Taxes & Budget

Webinars feature RTP, FedNow updates

Webinars feature RTP, FedNow updates ICBA and ICBA Bancard next week are kicking off a complimentary webinar series on how community banks can plan for their instant payments journey. ICBA and ICBA...

Oct 28, 2021
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Article
Payments