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With Congress working this week to advance funding bills to avoid a government shutdown ahead of Friday’s deadline, ICBA is calling on community bankers to contact their members of Congress on pressing legislative issues.
Credit Card Routing: ICBA is encouraging community bankers to urge their members of Congress to oppose a bill that would impose credit card routing restrictions as its supporters continue working to attach it to other legislation.
1071 Rule Resolution: Following last month’s Senate passage of a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, community bankers can use ICBA’s Be Heard grassroots action center to urge passage in the House.
SAFER Banking: Meanwhile, community bankers can continue using Be Heard to urge their members of Congress to support cannabis-banking legislation following the Senate Banking Committee’s passage of the SAFER Banking Act in September.
Previous News
Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.
ImageNov 13, 2023
A key member of the House Financial Services Committee raised concerns with the Federal Housing Finance Agency’s plan to change credit report requirements for Fannie Mae and Freddie Mac mortgages.
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The Financial Crimes Enforcement Network issued a final rule that specifies the circumstances in which a reporting company may report an entity’s FinCEN identifier in lieu of information about individual beneficial owners.
ImageNov 9, 2023
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