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As agencies launch reg review, ICBA urges meaningful results

With the federal banking agencies launching their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, ICBA urged the agencies to advance more meaningful...

Feb 07, 2024
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Article

Yellen calls for federal floor on stablecoin regulations

While federal agencies have some regulatory authority to oversee digital assets, Congress should develop a framework to close gaps in oversight, Treasury Secretary Janet Yellen told the House...

Feb 07, 2024
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Article
Digital Assets

ICBA Urges Federal Banking Agencies to Ensure Meaningful Regulatory Review

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the start of the interagency review of federal banking regulations under the...

Feb 06, 2024
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Article
Regulatory Relief

ICBA, groups file lawsuit against CRA final rule

ICBA, the Independent Bankers Association of Texas, TBA, ACC, ABA, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding...

Feb 06, 2024
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Article
Compliance Community Reinvestment Act (CRA)

Grassroots campaigns pushing ILC, ‘trigger leads’ bills

ICBA continues calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage...

Feb 06, 2024
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Article
Grassroots/Be Heard

Trade Associations Sue Regulators for Exceeding Statutory Authority in New Community Reinvestment Act Rules

ICBA and others today filed a joint lawsuit in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and...

Feb 05, 2024
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Article
Community Reinvestment Act (CRA)

FS-ISAC offers identity theft tips for commercial customers

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary offers tips for educating commercial customers on identity theft.

Feb 05, 2024
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Article
Fraud

Fed holds rates steady, citing inflation target

The Federal Open Market Committee voted to hold target interest rates steady, citing a solid expansion of economic activity and inflation uncertainty.

Feb 01, 2024
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Article
Inflation