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ICBA urging farm bill grassroots ahead of Thursday markup

With House Agriculture Committee Chairman Glenn Thompson (R-Pa.) releasing text of his proposed farm bill ahead of this Thursday’s markup, ICBA is urging community bankers to call and write their...

May 21, 2024
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Article
Farm Bill

FDIC’s Gruenberg says he’ll step down once successor confirmed

FDIC Chairman Martin Gruenberg said he is prepared to step down from his responsibilities at the agency once a successor is confirmed.

May 21, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA chairman: Community bankers fueled advance of key bills

ICBA Chairman Lucas White said community bankers answered the call to show up in full force at this year’s Capital Summit and are seeing the results of persistently raising the red flag on...

May 20, 2024
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Article

ICBA opposes FCS exemption in Section 1071 rule

ICBA urged House Agriculture Committee leaders to oppose any exemption for Farm Credit System lenders from the Consumer Financial Protection Bureau’s 1071 small-business data collection and...

May 17, 2024
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Article
Agriculture

ICBA Commends House Committee Members for Advancing Bills to Provide Community Bank Regulatory Relief

The Independent Community Bankers of America (ICBA) today commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community...

May 16, 2024
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Article
Agriculture Data Security/Fraud Lending +2 More...

ICBA Statement Following Supreme Court Ruling on CFPB Funding Structure

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Supreme Court ruling on the constitutionality of the Consumer...

May 16, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Another Community Bank Acquisition by Tax-Exempt Credit Union Demands Policy Response

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement following the latest acquisition of a tax-paying bank by a tax-exempt credit...

May 17, 2024
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Article
Credit Unions

ICBA commends House members for advancing reg relief bills

ICBA commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community banks and the local communities they serve.

May 17, 2024
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Article
Congressional Matters

Supreme Court finds CFPB funding structure constitutional

The Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding structure, reversing the appellate court’s decision that held the CFPB’s funding violates the...

May 17, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Hearing targets FDIC following report on misconduct

FDIC Chairman Martin Gruenberg accepted responsibility for reports of misconduct at his agency during a House Financial Services Committee hearing on regulatory oversight.

May 16, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Barr: Fed sensitive to debit proposal’s impact on LMI borrowers

The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.

May 16, 2024
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Article

House marking up ICBA-backed pro-community bank bills

The House Financial Services Committee this week is set to take up a slate of ICBA-advocated bills in the wake of the recent ICBA Capital Summit.

May 15, 2024
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Article

House Ag Committee releases farm bill summary ahead of markup

The House Agriculture Committee released a title-by-title summary of its farm bill proposal ahead of a markup planned for next Thursday.

May 15, 2024
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Article
Agriculture

House markup on pro-community bank bills today

The House Financial Services Committee today is scheduled to mark up a slate of ICBA-advocated bills:

May 16, 2024
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Article
Advocacy

Fed governor vows support of CDFIs

Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.

May 15, 2024
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Article

ICBA calls on agencies to reduce excessive regulations

A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.

May 14, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

Capital Summit nets new co-sponsors

As a result of the ICBA Capital Summit, more than 50 new co-sponsors have joined ICBA-advocated bills.

May 14, 2024
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Article

ICBA to Fed: Withdraw debit card interchange proposal

ICBA expressed vehement opposition to a Federal Reserve Board proposal to impose a nearly 30% cut to debit interchange that would leave nearly one-third of covered issuers below cost recovery.

May 13, 2024
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Article

ICBA urges ACRE Act support during hearing

ICBA called on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.

May 13, 2024
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Article
Grassroots/Be Heard

ICBA Urges Agencies to Withdraw Compensation Proposal Until All Relevant Agencies Sign On

The Independent Community Bankers of America (ICBA) today issued the following statement on regulators’ proposed rulemaking on incentive-based compensation arrangements.

May 07, 2024
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Article
Regulatory Relief