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CFPB report targets consumer financial products
The Consumer Financial Protection Bureau released a new Supervisory Highlights report on unfair, deceptive, and abusive acts or practices across various consumer financial products.
New compliance note on sanctions-related self-disclosures
The Treasury, Commerce, and Justice departments issued a joint compliance note focusing on voluntary self-disclosure policies that apply to U.S. sanctions, export controls, and other national...
Romero Rainey: ICBA support for special assessment exemplifies its mission
ICBA’s support for the FDIC’s proposed special assessment exemption for community banks illustrates its unique mission, ICBA President and CEO Rebeca Romero Rainey wrote in a new blog post.
ICBA polling campaign on interchange bill running this week
With Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) working to attach credit card routing restrictions to the National Defense Authorization Act, ICBA this week is promoting its new...
Fed’s Barr: Fair lending oversight needs to adapt to technological change
Regulators will need to adapt their application of the Fair Housing Act and Equal Credit Opportunity Act to deal with technological change and other developments as the financial system evolves.
As Lawmakers Push to Include Credit Card Restrictions in Defense Bill, New ICBA Polling Shows Voter Opposition
With Sens. Durbin (D-Ill.) and Marshall (R-Kan.) working to attach their controversial credit card routing restrictions to the pending National Defense Authorization Act, ICBA today released new...
ICBA Urges FDIC to Finalize Special Assessment Rule as Proposed
ICBA said it supports the Federal Deposit Insurance Corporation’s proposed rule to exempt community banks with less than $5 billion in uninsured deposits from its special assessment following the...
Community banker cautions Congress on deposit insurance reform
ICBA community banker Thomas Fraser—CEO of First Mutual Holding Co. in Lakewood, Ohio—testified on deposit insurance reform before the Senate Banking Committee on behalf of his banks.