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Senators ramp up opposition to IRS reporting plan
Senators ramp up opposition to IRS reporting plan Congressional pushback against the reconciliation package’s ICBA-opposed IRS reporting proposal continued with commentary from Senate leaders....
Senators continue opposition to 7(a) direct lending
Senators continue opposition to 7(a) direct lending A group of 15 Republican senators led by Tim Scott (S.C.) continued pushing back against ICBA-opposed proposed changes to the SBA 7(a) loan...
DOJ team to target crypto platforms
DOJ team to target crypto platforms The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said The Justice Department has...
Global regulators issue guidance on stablecoin oversight
Global regulators issue guidance on stablecoin oversight Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins....
WSJ editorial targets IRS reporting plan
WSJ editorial targets IRS reporting plan ICBA’s campaign against the reconciliation package’s IRS reporting proposal picked up additional steam with a Wall Street Journal editorial opposing the...
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....
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...
ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data
ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ICBA and the nation’s community banks are reminding consumers of simple actions they can take during Cybersecurity Awareness Month...