Washington, D.C. (March 9, 2026) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald’s Trump’s executive actions on combating cyber threats.
“ICBA and the nation’s community banks commend the Trump administration for releasing President Trump’s Cyber Strategy for America and executive order on combating cybercrime, fraud, and predatory schemes. With community banks on the front lines defending the financial sector and bank customers against cyber threats, these executive actions make a much-needed commitment to government and private-sector coordination and to hardening our financial and digital systems against cyber threats executed by sophisticated transnational criminal organizations.
“ICBA and community bankers strongly support ensuring cyber and data security standards that are streamlined and non-duplicative, a broader approach to supervision that includes all companies that have access to consumer financial data, bi-directional sharing of threat intelligence between the financial sector and the government, and greater coordination with other countries to confront these growing threats. As we recently told Congress during a hearing on combating fraud, an effective response requires coordination among financial institutions, law enforcement, and government at every level.
“ICBA looks forward to continuing to work with the administration and Congress to protect our nation’s cyberspace and combat threats against U.S. citizens.”
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.