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ICBA updates ILC loophole white paper

Ahead of this week’s Capital Summit, ICBA updated its white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt...

May 02, 2022
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Article
Lending

Hsu calls for stablecoin standard-setting initiative

Hsu calls for stablecoin standard-setting initiative Acting Comptroller of the Currency Michael Hsu issued a statement calling for a joint effort to develop standards for stablecoin...

Apr 28, 2022
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Article
Digital Assets

Senate approves Brainard for Fed vice chair

The Senate voted 52-43 to approve Federal Reserve Governor Lael Brainard’s nomination for Fed vice chair.

Apr 27, 2022
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Article
Federal Reserve

OCC penalizes converted crypto bank

The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.

Apr 22, 2022
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Article
Cybersecurity Digital Assets Technology

ICBA, groups urge flexibility for MDI, CDFI program

ICBA and other groups called on the Treasury Department to exercise flexibility in Emergency Capital Investment Program participation.

Apr 20, 2022
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Article
Capital

ICBA ThinkTECH Demo Day on Wednesday

The 2022 ICBA ThinkTECH Accelerator Program’s Demo Day is scheduled for this week to present participants’ solutions tailored for community banks.

Apr 18, 2022
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Article

ICBA offers Small Business Week custom resources

ICBA released customizable resources community bankers can use to commemorate Small Business Week, which is scheduled for May 2-6.

Apr 20, 2022
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Article
Community Bank Awareness

CFPB report on rural challenges doesn’t account for reg burden

The Consumer Financial Protection Bureau issued a report on the challenges faced by Americans in rural communities.

Apr 20, 2022
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Article
Consumer Financial Protection Bureau (CFPB) Agriculture