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SEC rejects Coinbase request for crypto framework
The Securities and Exchange Commission denied Coinbase’s request for the agency to develop a new regulatory framework for cryptoasset securities.
CFPB issues overdraft report ahead of proposed rule
The Consumer Financial Protection Bureau issued a report on consumer experiences with overdraft and non-sufficient-fund fees ahead of an expected rulemaking.
Senate bill would improve supervisory appeals process
ICBA-advocated legislation to improve the bank examination environment through a workable appeals process was introduced in the Senate.
FDIC board meeting tomorrow on budget, signage
The FDIC scheduled a board meeting for 2 p.m. (Eastern time) tomorrow, Dec. 20.
FDIC issues advisory on CRE concentrations
The FDIC issued an advisory to reemphasize the importance of strong capital, appropriate credit loss allowance levels, and robust credit risk-management practices for institutions with commercial...
Farm Credit System growth slows in 2023
The Farm Credit Administration board met last week to receive a quarterly report on economic conditions affecting the agricultural economy and Farm Credit System institutions.
ICBA Hosts First ThinkTECH Connect To Showcase Community Bank Innovation
The Independent Community Bankers of America® (ICBA) hosted its first ThinkTECH Connect event, an ICBA event showcasing rapid-fire pitches from 10 emerging fintechs that address community bank pain...
ICBA-backed bill would clarify CFPB’s UDAAP authority
Rep. Andy Barr (R-Ky.) formally introduced his ICBA-advocated bill to clarify the Consumer Financial Protection Bureau’s authority to oversee unfair, deceptive, and abusive acts and practices,...