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Bowman: Regulators should avoid harming bank viability
Banking regulators should ensure changes to the regulatory framework do not harm the long-term viability of banks, especially midsized and smaller banks, Federal Reserve Governor Michelle Bowman said.
Fed’s Bowman: Advocacy on CDFI proposal making a difference
Federal Reserve Board Governor Michelle Bowman recognized community banker concerns with proposed changes to the community development financial institution certification application.
ICBA supports bill to establish USDA Express loan program
ICBA expressed support for a recently introduced House bill based on an ICBA proposal to speed up approval times for USDA loans and thereby enhance access to credit in rural communities.
Agencies issue additional guidance on open-source security
The Cybersecurity and Infrastructure Security Agency and other agencies issued a fact sheet on improving security of open-source software in operational technology and industrial control systems.