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Treasury announces Emergency Capital Investment Program recipients

The Treasury Department announced that it has made over $8.28 billion of investments in 162 community financial institutions across the country through the Emergency Capital Investment Program.

Sep 22, 2022
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Article

ICBA Strongly Opposes Gooden-Welch Credit Card Bill

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House introduction of the Credit Card Competition Act.

Sep 20, 2022
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Article
Credit Cards Lending Payments

CFPB planning standards for nonbank ‘buy now, pay later’ lenders

The Consumer Financial Protection Bureau said it is developing consumer protections for “buy now, pay later” products similar to those that apply to credit cards.

Sep 16, 2022
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Article
Compliance

OCC announces chief climate risk officer

The OCC announced the appointment of Yue (Nina) Chen as chief climate risk officer. Chen will lead the agency’s Office of Climate Risk and development of climate risk management frameworks for the...

Sep 13, 2022
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Article
Climate