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CFPB deprioritizing ‘buy now, pay later’ enforcement actions
The Consumer Financial Protection Bureau announced that it will not prioritize enforcement actions related to “buy now, pay later.”
Judge scraps CFPB credit card late fee rule
A federal judge voided a Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule was illegal.
CFPB asks court to stop medical debt rule
The Consumer Financial Protection Bureau joined other groups in asking a federal court to scrap a regulation barring consumer credit reports from including medical debt.
ICBA Applauds House Financial Services Committee for Advancing Pro-Community Bank 1071, De Novo, Anti-CBDC Bills
The Independent Community Bankers of America (ICBA) commended the House Financial Services Committee for advancing three ICBA-advocated bills to support community banks and the local communities...
ICBA Applauds House Passage of Resolution to Overturn Flawed CFPB Overdraft Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on House passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final...
Romero Rainey: Committee markup a key milestone, but more work ahead
The explosion of pro-community bank policy reforms from the first quarter of the year culminated in this week’s HFSC markup, but there is still significant work to do, ICBA President and CEO Rebeca...
ICBA-advocated 1071, de novo, anti-CBDC bills set for House markup today
The House Financial Services Committee is scheduled to take up three ICBA-advocated bills today to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a U.S....
CFPB says it will reopen 1071 rule
The Consumer Financial Protection Bureau said it will open a new rulemaking to implement Section 1071 data collection and reporting requirements for small-business loans.
ICBA Applauds Senate Passage of Resolution to Overturn Flawed CFPB Overdraft Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on the Senate’s passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s...
ICBA applauds Senate passage of resolution to overturn CFPB overdraft rule
ICBA commended the Senate for passing a resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services.
ICBA-advocated 1071, de novo, anti-CBDC bills set for House markup
The House Financial Services Committee is scheduled to take up three ICBA-advocated bills this week to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a...
ICBA urging grassroots outreach ahead of Senate overdraft vote
With the Senate set to vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their senators to...
CFPB withdraws court filing claiming Reg E applies to wire transactions
The Consumer Financial Protection Bureau withdrew a court filing in which it previously argued that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E.
Resolution to nullify CFPB overdraft rule passes House committee
The House Financial Services Committee voted 30-19 to pass H.J. Res 59, a Congressional Review Act resolution that would overturn a Consumer Financial Protection Bureau rule that regulates...
Markup today: ICBA urging grassroots action on CFPB overdraft rule
ICBA is calling on community bankers to urge their members of Congress to support resolutions to stop the Consumer Financial Protection Bureau’s overdraft rule ahead of a markup today.
House committee hearing today on ICBA priorities
ICBA thanked the House Financial Services Committee for scheduling a hearing on the Consumer Financial Protection Bureau that will feature ICBA-advocated legislation.
With CFPB in spotlight, ICBA urging grassroots outreach on overdraft rule
With Washington focused on reforming the Consumer Financial Protection Bureau, ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the...
McKernan, Pulte vow to streamline CFPB, FHFA activities
The Consumer Financial Protection Bureau will center its regulation on real risks to consumers and focus its enforcement on bad actors, CFPB director nominee Jonathan McKernan told Congress.
ICBA urging grassroots outreach to stop CFPB overdraft rule
ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the Consumer Financial Protection Bureau's overdraft rule.
ICBA continuing grassroots push on CFPB overdraft rule
ICBA continues calling on community bankers to tell their members of Congress to support legislative efforts to stop the Consumer Financial Protection Bureau's overdraft rule.