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Supreme Court finds CFPB funding structure constitutional

The Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding structure, reversing the appellate court’s decision that held the CFPB’s funding violates the...

May 17, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Hearing targets FDIC following report on misconduct

FDIC Chairman Martin Gruenberg accepted responsibility for reports of misconduct at his agency during a House Financial Services Committee hearing on regulatory oversight.

May 16, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Barr: Fed sensitive to debit proposal’s impact on LMI borrowers

The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.

May 16, 2024
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Article

House marking up ICBA-backed pro-community bank bills

The House Financial Services Committee this week is set to take up a slate of ICBA-advocated bills in the wake of the recent ICBA Capital Summit.

May 15, 2024
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Article

House Ag Committee releases farm bill summary ahead of markup

The House Agriculture Committee released a title-by-title summary of its farm bill proposal ahead of a markup planned for next Thursday.

May 15, 2024
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Article
Agriculture

House markup on pro-community bank bills today

The House Financial Services Committee today is scheduled to mark up a slate of ICBA-advocated bills:

May 16, 2024
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Article
Advocacy

Fed governor vows support of CDFIs

Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.

May 15, 2024
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Article

ICBA calls on agencies to reduce excessive regulations

A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.

May 14, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)