The Federal Reserve is “determined to stay the course” to address inflation and restore price stability, Fed Vice Chair Lael Brainard said.

The Consumer Financial Protection Bureau issued a circular affirming that companies offering “negative option” subscription services must comply with federal consumer financial protection law.

The Financial Crimes Enforcement Network today is set to issue a final rule to reflect annual inflation adjustments to its civil monetary penalties as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990.

The Consumer Financial Protection Bureau released updated mortgage servicing examination procedures for use by CFPB examiners.

The OCC issued a bulletin on its adjustment to the maximum amount of each civil money penalty within its jurisdiction.

The Independent Community Bankers of America (ICBA) announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH innovation programming.

ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.

ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.

The Financial Crimes Enforcement Network today is slated to request public comments on two notices related to beneficial ownership information reporting, with comments due by March 20.

The Financial Crimes Enforcement Network issued an alert to support financial institutions in detecting financial activity related to human smuggling along the southwest border of the United States.

The OCC issued a revised version of the “Fair Lending” booklet of the Comptroller’s Handbook.

The Independent Community Bankers of America (ICBA) today announced the hire of Chris Gully as assistant vice president of member relations. In this role he will work with ICBA’s member relationship officers to educate existing and prospective members about the benefits of ICBA and how the association helps community banks achieve their business goals and objectives.

ICBA and affiliated state community banking associations met this week with Treasury Department officials to discuss BSA/AML compliance, Corporate Transparency Act implementation, the impact of de-risking the financial system on financial inclusion, and other issues.

House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s subcommittees, chairs, and jurisdiction for the 118th Congress.

The Consumer Financial Protection Bureau proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts.

The Independent Community Bankers of America today announced the nominees to serve on its 2023-24 board of directors.

The USDA’s Farm Service Agency expanded eligibility and enhanced available benefits for several programs that provide support following natural disasters.

Federal Reserve Governor Michelle Bowman said that while crypto-assets can pose significant risks to consumers and the financial system, regulators should avoid hindering innovation.

Federal Reserve Chair Jerome Powell said the Fed has narrow responsibilities regarding climate-related financial risks, while broader climate policies should be made by elected officials.

Register today for the Independent Community Bankers of America’s (ICBA) national convention, ICBA LIVE 2023 — the largest, most comprehensive educational event for the nation’s community bankers.