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ICBA, Groups Urge CFPB to Rescind Revised Examination Manual

The Independent Community Bankers of America (ICBA) and other groups issued a joint white paper detailing why recent Consumer Financial Protection Bureau actions to expand its examination of banks...

Jun 28, 2022
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Article
Compliance

ICBA Statement on Committee Passage of the Close the ILC Loophole Act

ICBA and the nation’s community banks strongly support the Close the ILC Loophole Act (H.R. 5912) and thank Reps. Chuy Garcia (D-Ill.) and Lance Gooden (R-Texas) for introducing this important...

Jun 23, 2022
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Article
Commerce & Banking

Committee set to vote on ILC bill after pulling overdraft measure

The House Financial Services Committee today is set to vote on ICBA-advocated legislation to close the industrial loan company loophole after pulling an ICBA-opposed bill to implement overdraft...

Jun 23, 2022
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Article
Lending

CFPB initiates review of credit card late fees

The Consumer Financial Protection Bureau issued an advance notice of proposed rulemaking to reopen CARD Act rules that regulate how much financial firms can charge in credit card late fees.

Jun 23, 2022
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Article
Compliance Payments