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House, Senate committee hearings underway this week
The House and Senate’s banking committees this week are scheduled to host their first hearings of the 118th Congress.
ICBA requests clarity on HUD appraisal guidance
ICBA called on the Department of Housing and Urban Development to clarify lender obligations under draft guidance on borrower requests for Reconsideration of Value, or ROV, of appraised properties...
Proposal would require banks to verify U.S. Treasury checks
The Treasury Department’s Bureau of the Fiscal Service issued a proposed rule to amend its regulations governing the payment of checks drawn on the U.S. Treasury.
Fed raises interest rates 25 basis points
The Federal Open Market Committee raised the federal funds rate target by 25 basis points to a range of 4.5% to 4.75%.
ICBA: Credit Card Proposal Raises Questions About CFPB’s Recognition of Community Bank Business Model
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule on credit card...
ICBA Delivers Policy Priorities to 118th Congress
The Independent Community Bankers of America (ICBA) today shared its policy priorities for the 118th Congress with members of the House and Senate.
House Financial Services Committee announces majority staff
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s majority staff for the 118th Congress.
ICBA urges CFPB to limit burden of rulemaking on consumer data
ICBA called on the Consumer Financial Protection Bureau to limit the regulatory burden of its pending rulemaking to establish standards for sharing consumer financial data.