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Quarles: LIBOR definitely expiring at year-end

Quarles: LIBOR definitely expiring at year-end Market participants should act now to accelerate their transition away from LIBOR, Federal Reserve Vice Chair for Supervision Randal Quarles said....

Oct 06, 2021
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Article
Lending

Financial Stability Board issues stablecoin progress report

Financial Stability Board issues stablecoin progress report The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global...

Oct 08, 2021
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Article
Digital Assets Technology

Administration planning crypto charter proposal: report

Administration planning crypto charter proposal: report The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto...

Oct 04, 2021
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Article
Digital Assets Technology

ICBA Testifies on Preserving Community Bank SBA Lending

ICBA Testifies on Preserving Community Bank SBA Lending The Independent Community Bankers of America today called on Congress to reject proposed changes to the Small Business Administration 7(a)...

Sep 30, 2021
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Article
Lending Small Business Administration

ICBA Securities’ Exclusively Endorsed Broker Announces Sale

ICBA Securities’ Exclusively Endorsed Broker Announces Sale ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, released the following statement in...

Sep 29, 2021
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Article

ICBA takes on postal banking pilot in press

ICBA takes on postal banking pilot in press ICBA continued its pushback against the U.S. Postal Service’s quiet launch of a financial services pilot program to test postal banking. ICBA continued...

Oct 06, 2021
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Article
Postal Service Banking

Minority bank council to Congress: reject IRS reporting plan

Minority bank council to Congress: reject IRS reporting plan ICBA’s Minority Bank Advisory Council continued its opposition to the Biden administration’s proposal to require banks to report...

Oct 04, 2021
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Article
Taxes & Budget

Luetkemeyer leads pushback on 7(a) direct loan proposal

Luetkemeyer leads pushback on 7(a) direct loan proposal House Small Business Committee Ranking Member Blaine Luetkemeyer (R-Mo.) expressed concerns with ICBA-opposed proposed changes to the SBA...

Oct 04, 2021
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Article
Lending