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ICBA, CHLA encourage agencies to reduce 30/10 spread
ICBA and the Community Home Lenders of America called on the Treasury Department and FHFA should permit Fannie Mae and Freddie Mac to use their portfolios to help reduce the historically wide...
Agencies withdraw principles for climate-related financial risk management
The federal banking agencies announced the withdrawal of interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions.
B2B payments on ACH network increase 10% in Q3
Business-to-business ACH volume was nearly 2.1 billion payments in the third quarter, an increase of 10% from the same time last year, according to Nacha.
New op-ed spotlights data showing harmful impact of credit union acquisitions
A new op-ed from ICBA leadership bankers says public data show why policymakers should examine the impact of federal tax subsidies on credit union acquisitions of community banks.
ICBA discusses 1033 rulemaking in meeting with CFPB
Senior ICBA staff met with Consumer Financial Protection Bureau leaders to discuss its Section 1033 rulemaking on sharing consumer financial data.
Federal agencies target transnational cybercrime networks
The Treasury and Justice departments announced several actions against criminal networks responsible for scams and money laundering, including an ICBA-supported final rule targeting the...
Powell: Fed navigating data delayed due to shutdown
While some important government data have been delayed due to the federal government shutdown, available data indicate the outlook for employment and inflation has not changed much since the...
ICBA urges policymakers to support CDFIs
ICBA expressed concerns with actions to dismantle the Community Development Financial Institution Fund following reports of Treasury Department actions to abolish the fund.