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After the ICBA-supported Congressional Review Act resolution, S.J. Res 18, last week passed the Senate, it moves to the House of Representatives, where a vote is expected this week—requiring ongoing community banker grassroots outreach to Congress.
House Outreach: Community bankers can continue using ICBA’s Be Heard grassroots action center to urge their representatives to support the congressional resolution before the House vote next week.
About the Resolution: If passed by Congress and signed into law by President Donald Trump, the resolution would invalidate the CFPB’s rule, which would cap fees at financial institutions with more than $10 billion in assets. Contact Congress now.
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Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s announcement that the federal banking regulators intend to issue a proposal to rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to that final rule, in light of pending litigation.
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Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Securities and Exchange Commission’s vote to end its legal defense of its ICBA-opposed rule requiring climate-related investor disclosures.
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ICBA commended the Senate for passing a resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services.
ImageMar 28, 2025
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