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CFPB accepting HMDA data submissions
The Consumer Financial Protection Bureau said its filing period for Home Mortgage Disclosure Act data collected in 2022 opened on Jan. 1. Submissions will be considered timely if received on or...
ICBA Announces Nominations for 2023-24 Board of Directors
The Independent Community Bankers of America (ICBA) today announced the nominees to serve on its 2023-24 board of directors.
USDA expands eligibility for emergency programs
The USDA’s Farm Service Agency expanded eligibility and enhanced available benefits for several programs that provide support following natural disasters.
Fed’s Bowman: Regulators shouldn’t hinder crypto innovation
Federal Reserve Governor Michelle Bowman said that while crypto-assets can pose significant risks to consumers and the financial system, regulators should avoid hindering innovation.
Powell: Fed climate responsibilities narrow
Federal Reserve Chair Jerome Powell said the Fed has narrow responsibilities regarding climate-related financial risks, while broader climate policies should be made by elected officials.
ICBA to SBA: Don’t Add Unregulated Fintechs to Federal Loan Program
ICBA reiterated its call for the Small Business Administration to maintain its long-standing moratorium on the number of non-federally regulated institutions, including nonbank fintech companies,...
Banking agencies issue new crypto guidance
Federal banking regulators issued a statement highlighting key crypto risks for banking organizations and describing the agencies’ approaches to supervision in this area.
Bolton: Wells Fargo penalty reflects too-big-to-fail plague
The Consumer Financial Protection Bureau’s latest penalty against Wells Fargo Bank reflects the unfortunate fact that the too-big-to-fail problem is alive and well, ICBA Chairman Brad Bolton wrote...