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ICBA seeking candidates for panel on CFPB rulemaking


ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair Credit Reporting Act.

June 12, 2023 / By ICBA

ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair Credit Reporting Act.

Details: The CFPB said it:

  • Is specifically seeking candidates from community banks with less than $850 million in total assets.

  • Expects to conduct a 90-minute pre-meeting followed by the SBREFA panel, both of which would be conducted via video teleconference.

  • Will provide participants an outline of the proposals and alternatives under consideration, a small entity discussion guide, and other materials to review prior to the panel.

Background: Under SBREFA, the CFPB must convene panels to consider the impact of its proposals on small entities.

Contact: Qualifying community bankers interested in participating may contact ICBA’s Michael Emancipator at michael.emancipator@icba.org.

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