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Senate drops postal banking funding from appropriations bill

Senate appropriators dropped an ICBA-opposed legislative proposal to expand the U.S. Postal Service’s banking pilot after ICBA urged lawmakers to block the plan.

Jul 29, 2022
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Article
Postal Service Banking

OCC issues CRA fact sheets ahead of comment deadline

The OCC released a series of fact sheets on the banking agencies’ proposed updates to Community Reinvestment Act regulations ahead of the Aug. 5 comment deadline.

Jul 29, 2022
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Article
Compliance

CFPB adds new debt-collection FAQs

The Consumer Financial Protection Bureau added a new section to its frequently asked questions on the Debt Collection Rule in Regulation F.

Jul 29, 2022
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Article
Compliance

ICBA to committee: Fully vet stablecoin bill before any vote

While legislation is urgently needed to address risks posed by unregulated stablecoins, taking up last-minute legislation at this week’s House Financial Services Committee markup would be...

Jul 25, 2022
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Article
Digital Assets Technology