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Report: More credit union M&A deals failing as acquisitions increase

As credit union mergers and acquisitions have increased, so have terminations of announced transactions, according to a recent report.

Jan 27, 2025
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Article
Credit Unions

President Trump creates crypto council, bans CBDC

President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and...

Jan 24, 2025
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Article
Digital Assets

ICBA: Ensure community banks are represented at agencies

As President Donald Trump considers nominees to lead the federal banking agencies under his new administration, policymakers have a unique opportunity to secure representation for community banks.

Jan 24, 2025
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Article
Agencies/Regulators 

ICBA urges CFPB to halt informal regulatory actions

In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.

Jan 29, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

FinCEN: Companies not required to file BOI despite Supreme Court ruling

The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...

Jan 28, 2025
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Article
Data Security/Fraud Financial Crimes Enforcement Network (FinCEN)

ICBA congratulates new Treasury secretary

After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement...

Jan 28, 2025
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Article

CFTC to hold public roundtables on digital assets

The Commodity Futures Trading Commission announced it will soon begin a series of public roundtables on several evolving issues, including digital assets.

Jan 28, 2025
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Article
Digital Assets

House hearing on community banking next week

The House Financial Services Committee announced hearings for February, including a “Making Community Banking Great Again” hearing at 10 a.m. (Eastern time) Wednesday, Feb. 5.

Jan 27, 2025
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Article