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House passes spending bill without IRS reporting plan

House passes spending bill without IRS reporting plan The House passed its version of the Build Back Better reconciliation bill without numerous ICBA-opposed provisions, including the IRS bank...

Nov 22, 2021
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Article
Taxes & Budget

Fed officials: Faster tapering may be needed

Fed officials: Faster tapering may be needed Federal Reserve officials discussed the potential need to speed up the tapering of asset purchases in response to rising job gains and inflation....

Nov 22, 2021
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Article
Federal Reserve

OCC nominee faces tough questions at Senate hearing

OCC nominee faces tough questions at Senate hearing Community bank opposition to Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency took center stage at a contentious...

Nov 19, 2021
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Article
Office of the Comptroller of Currency (OCC)

ICBA urging grassroots pushback against SBA direct lending plan

ICBA urging grassroots pushback against SBA direct lending plan ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the...

Nov 17, 2021
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Article
Lending

Hsu: Agencies planning additional clarity on crypto activities

Hsu: Agencies planning additional clarity on crypto activities Federal banking regulators will soon issue a short statement that describes the recently concluded interagency “crypto sprint,” Acting...

Nov 17, 2021
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Article
Digital Assets Technology

ICBA, state groups oppose Omarova OCC nomination

ICBA, state groups oppose Omarova OCC nomination ICBA and state community banking groups expressed opposition to Cornell University law professor Saule Omarova’s nomination to lead the Office of...

Nov 18, 2021
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Article
Office of the Comptroller of Currency (OCC)

ICBA, groups push for NCUA oversight hearing

ICBA, groups push for NCUA oversight hearing ICBA and other groups called on Congress to hold an oversight hearing on troubling National Credit Union Administration rulemaking activity. ICBA and...

Nov 18, 2021
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Article
Credit Unions

Credit union satisfaction lags banks again: index

Credit union satisfaction lags banks again: index Consumer satisfaction with credit unions lagged banks for the third year in a row, according to a national survey covered by CU Today. Consumer...

Nov 17, 2021
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Article
Credit Unions