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Treasury secretary, senator: It’s time to empower community banks
Treasury Secretary Scott Bessent and Senator Bill Hagerty (R-Tenn.) said empowering community banks to succeed is essential to driving economic growth in America.
Court sides with Fed to reject master account access from nonbank entities
The United States Court of Appeals for the Tenth Circuit sided with the Federal Reserve, ICBA, and other groups by rejecting Custodia Bank’s argument that it should be granted automatic master...
Nacha approves rules on enhancing international ACH transactions
Nacha voting members approved five Nacha Operating Rules changes aimed at increasing the awareness and efficiency of international ACH transactions.
ICBA supports bill to improve deposit insurance system
ICBA expressed support for deposit insurance reform legislation it said is an important start to strengthening the nation’s deposit insurance system that minimizes additional costs for community...