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Fed nominees, Powell appearing at committees this week
In addition to the Senate Banking Committee markup, there are several key committee hearings this week.
FDIC revises guidance on re-presentment fees following ICBA outreach
The FDIC updated its supervisory guidance on multiple re-presentment nonsufficient funds fees to clarify that it will not ask institutions to conduct a lookback review absent a likelihood of...
Join ICBA’s ThinkTECH Accelerator Showcase June 28 & 29
The Independent Community Bankers of America (ICBA) will host a two-day ICBA ThinkTECH Accelerator event featuring cohort graduates, where they will showcase their community bank offerings...
CFPB says it’s working to streamline mortgage-servicing rules
The Consumer Financial Protection Bureau said it will use stakeholder input to propose ways to simplify and streamline mortgage servicing rules.
FDIC issues new cease-and-desist letters on deposit insurance claims
The FDIC issued a new series of letters demanding four nonbank entities cease making false or misleading representations about deposit insurance.
Grassroots continues on 1071, rural lending efforts
ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to support resolutions and policies that affect community bankers across...
ICBA and Senior Housing Crime Prevention Foundation Share Tips to Help Prevent Elder Financial Abuse
The Independent Community Bankers of America (ICBA) and its affiliate, the Senior Housing Crime Prevention Foundation (SHCPF), are providing tips for preventing elder financial abuse in recognition...
Pro-Russia hackers planning attacks on financial targets: alert
Pro-Russia hackers are planning to conduct cyberattacks against Western financial targets, including Swift and the Federal Reserve, according to an alert from the U.S. government.