ICBA continues grassroots push as Congress debates omnibus

With Congress debating end-of-year omnibus spending legislation, ICBA continues calling on community bankers to reach out to lawmakers on ICBA-advocated cannabis banking legislation and ICBA-opposed language to expand the Durbin Amendment.

Cannabis Banking: Through ICBA’s Be Heard grassroots action center, community bankers can continue calling on lawmakers to pass the SAFE Banking Act, which would establish a cannabis banking safe harbor in states where cannabis is legal.

Durbin Amendment: ICBA is also encouraging community bankers to urge opposition to legislation that would extend the Durbin Amendment to credit cards, imposing new costs, raising security risks, and ending credit card rewards programs.

Previous News

Regulators adopt Fair Debt Collection Practices Act exam procedures
The Federal Financial Institutions Examination Council’s Task Force on Consumer Compliance adopted revised examination procedures for the Fair Debt Collection Practices Act and its implementing Regulation F.
Image
Dec 16, 2022
N.Y. banking agency issues crypto guidance
The New York Department of Financial Services released guidance for New York-regulated banking organizations that wish to engage in virtual currency-related activities.
Image
Dec 16, 2022
ICBA op-ed: FDIC should draw down assessment rate increase
With the Federal Reserve's interest rate hikes hastening the normalization of deposits, the FDIC should respond by quickly drawing down its assessment rate increase, ICBA Chairman Brad Bolton wrote in a new op-ed.
Image
Dec 13, 2022

Related News Taxonomy