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Senate panel to mark up cannabis banking bill this month

The Senate Banking Committee said it would meet Sept. 27 to consider ICBA-advocated legislation to establish a safe harbor from federal sanctions for financial institutions that serve...

Sep 18, 2023
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Article
Cannabis banking

ICBA urges CBDC opposition at House hearing

ICBA reiterated to Congress its opposition to the creation of a U.S. central bank digital currency.

Sep 15, 2023
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Article
Digital Assets

Romero Rainey: ICBA campaigns targeting credit union policies

With credit union executives in Washington this week for advocacy meetings, ICBA launched several campaigns to raise questions about credit union policies among lawmakers, ICBA President and CEO...

Sep 15, 2023
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Article
Credit Unions

Senator renews push to advance ICBA-opposed credit card routing bill

ICBA is calling on community bankers to voice strong opposition to renewed efforts by Sen. Roger Marshall (R-Kan.) to force Senate consideration of legislation to advance credit card routing...

Sep 15, 2023
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Article
Payments

ICBA meets with OCC on re-presentment concerns

ICBA leadership community bankers and staff this week met with OCC officials on the agency’s supervisory approach to how banks treat single items that are repeatedly rejected for insufficient funds.

Sep 14, 2023
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Article
Compliance Federal Deposit Insurance Corporation (FDIC)

ICBA grassroots campaigns continue with Congress back in Washington

With Congress back in Washington following the August recess, ICBA continues its grassroots campaigns on key advocacy issues.

Sep 13, 2023
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Article
Compliance

SEC’s Gensler to Congress: Securities laws apply to crypto industry

Securities and Exchange Commission Chair Gary Gensler told Congress that most crypto tokens and intermediaries are subject to U.S. securities laws despite the industry’s “wide-ranging noncompliance.”

Sep 13, 2023
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Article
Cybersecurity

Judge vacates ICBA-opposed CFPB exam manual update

A federal judge vacated last year’s ICBA-opposed Consumer Financial Protection Bureau actions expanding the bureau’s authority to examine banks for discrimination.

Sep 13, 2023
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Article
Compliance