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Navy Federal fallout continues on Capitol Hill

The fallout of reports on discriminatory lending at Navy Federal Credit Union continued Wednesday with new congressional leaders seeking an inquiry.

Feb 29, 2024
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Article
Credit Unions

ICBA Independent Banker Named Best Monthly Magazine by Association Trends

ICBA Independent Banker magazine took home top honors in its category for this year’s Association Trends 2024 TRENDY Awards, while the Independent Banker podcast also received recognition in the...

Feb 28, 2024
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Article

Barr: Fed monitoring large banks’ hedge fund risks

Large banks should be doing more to account for the counterparty risks posed by hedge funds and other nonbanks, Federal Reserve Vice Chair for Supervision Michael Barr said.

Feb 28, 2024
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Article

Bill to bar U.S. CBDC introduced in Senate

ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S. central bank digital currency was introduced in the Senate after passing the House Financial...

Feb 27, 2024
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Article
Federal Reserve

Global AML watchdog warns of lagging crypto standards

The Financial Action Task Force—a global anti-money-laundering watchdog—said many countries have not implemented its recommended standards on virtual assets, allowing criminals to...

Feb 26, 2024
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Article
Compliance Digital Assets

Hsu: Crypto industry slowing progress on supervision

Crypto industry resistance and jurisdictions competing for crypto business have held up progress on consolidated supervision of cryptoassets, Acting Comptroller of the Currency Michael Hsu said.

Feb 23, 2024
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Article
Digital Assets

ICBA urging outreach on new farm bill

ICBA is urging community bankers to call and write their members of Congress on the pending farm bill.

Feb 28, 2024
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Article
Farm Bill

Grassroots Alert: Time to weigh in on new farm bill

ICBA is urging community bankers to both call and write their members of Congress today on the pending farm bill using ICBA’s newest grassroots advocacy materials.

Feb 27, 2024
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Article
Grassroots/Be Heard