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Senate Finance chair questions crypto exchanges following FTX failure
Washington continued to escalate its response to instability in the crypto sector as the Senate Finance Committee’s chairman questioned leading crypto exchanges on their consumer protections.
CFPB issues annual adjustment for file disclosure charges
The Consumer Financial Protection Bureau issued a final rule with its annual adjustment to the maximum amount consumer reporting agencies may charge consumers for making a file disclosure to a...
ICBA post-election briefing next week
ICBA next week is hosting a complimentary post-election briefing on the midterm election results and pending regulatory actions affecting community banks.
Living will deficiencies at Citi as regulators push more stringent approach
The FDIC and Federal Reserve released results of their review of the resolution plans of the eight largest and most complex U.S. banks, finding shortcomings only in Citigroup’s living will.
Op-ed: Crypto response must protect banking system stability
The collapse of the FTX cryptocurrency exchange is a predictable example of the serious risks that digital assets pose, and policymakers should ensure new policies fully reflect its risks, ICBA...
ICBA to CFPB: Promote mortgage refinancing by reducing reg burdens
ICBA responded to a Consumer Financial Protection Bureau request for information on encouraging residential mortgage loan refinances by calling on the bureau to reduce unnecessary compliance...
ICBA pressing cannabis banking, other priorities as Congress returns
With Congress returning to Washington this week for the final leg of the lame-duck session, ICBA is pushing several key legislative priorities and calling on community bankers to weigh in with...
Proposed Changes to FDIC Supervisory Appeals System Fall Short of Progress
The FDIC has proposed changes to its new supervisory appeals structure aimed at increasing its independence, but the system still requires significant overhauls to preserve banks’ due process...