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SEC rethinking climate disclosure proposal: report

The Securities and Exchange Commission is considering “softening” its ICBA-opposed proposed rule to institute climate-related investor disclosures, according to The Wall Street Journal.

Feb 06, 2023
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Article
Climate

House, Senate committee hearings underway this week

The House and Senate’s banking committees this week are scheduled to host their first hearings of the 118th Congress.

Feb 06, 2023
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Article
Capital Small Business Data Collection (1071)

ICBA requests clarity on HUD appraisal guidance

ICBA called on the Department of Housing and Urban Development to clarify lender obligations under draft guidance on borrower requests for Reconsideration of Value, or ROV, of appraised properties...

Feb 06, 2023
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Article
Mortgage Lending

Proposal would require banks to verify U.S. Treasury checks

The Treasury Department’s Bureau of the Fiscal Service issued a proposed rule to amend its regulations governing the payment of checks drawn on the U.S. Treasury.

Feb 03, 2023
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Article
Compliance

Fed raises interest rates 25 basis points

The Federal Open Market Committee raised the federal funds rate target by 25 basis points to a range of 4.5% to 4.75%.

Feb 02, 2023
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Article
Federal Reserve

ICBA: Credit Card Proposal Raises Questions About CFPB’s Recognition of Community Bank Business Model

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule on credit card...

Feb 01, 2023
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Article
Compliance Credit Cards Community Bank Awareness

ICBA Delivers Policy Priorities to 118th Congress

The Independent Community Bankers of America (ICBA) today shared its policy priorities for the 118th Congress with members of the House and Senate.

Jan 30, 2023
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Article
Advocacy Community Bank Awareness

Digital transformation webinar series continues tomorrow

ICBA’s Digital Transformation Demystified webinar series continues tomorrow with part three on building or perfecting a digital transformation plan.

Jan 30, 2023
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Article
Instant Payments