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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.
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.
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.”
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.
FHFA plans stakeholder forums on new credit score models
The Federal Housing Finance Agency said it will hold stakeholder forums and listening sessions in the coming weeks on its plans to transition Fannie Mae and Freddie Mac to new credit score models.
ICBA Statement on Swearing-in of Federal Reserve Board Members
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s swearing-in of members of the Federal Reserve Board.
FS-ISAC spotlights MinIO threat targeting corporate networks
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary covers an unknown threat actor exploiting vulnerabilities in the MinIO Object Storage system to remotely...
Rakuten credit union application confirmed following ICBA outreach
The National Credit Union Administration reportedly confirmed that Rakuten Inc. has applied for a federal credit union charter after ICBA asked the agency for confirmation.