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Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers
America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today. The joint letter was submitted by the Bank...
ICBA urging ACRE Act support during hearing today
ICBA today is calling on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.
At hearing, Scott touts challenge to CFPB’s credit card late fee rule
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) touted his ICBA-supported resolution to nullify the Consumer Financial Protection Bureau’s final rule on credit card late fees during a...
Fed report suggests climate risks difficult to measure
The Federal Reserve Board released a summary of an exploratory pilot climate scenario analysis exercise that it conducted with six of the nation's largest banks, with the megabanks reporting...