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Barr: Fed sensitive to debit proposal’s impact on LMI borrowers

The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.

May 16, 2024
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Article

House marking up ICBA-backed pro-community bank bills

The House Financial Services Committee this week is set to take up a slate of ICBA-advocated bills in the wake of the recent ICBA Capital Summit.

May 15, 2024
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Article

House Ag Committee releases farm bill summary ahead of markup

The House Agriculture Committee released a title-by-title summary of its farm bill proposal ahead of a markup planned for next Thursday.

May 15, 2024
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Article
Agriculture

House markup on pro-community bank bills today

The House Financial Services Committee today is scheduled to mark up a slate of ICBA-advocated bills:

May 16, 2024
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Article
Advocacy

Fed governor vows support of CDFIs

Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.

May 15, 2024
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Article

ICBA calls on agencies to reduce excessive regulations

A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.

May 14, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

Capital Summit nets new co-sponsors

As a result of the ICBA Capital Summit, more than 50 new co-sponsors have joined ICBA-advocated bills.

May 14, 2024
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Article

ICBA to Fed: Withdraw debit card interchange proposal

ICBA expressed vehement opposition to a Federal Reserve Board proposal to impose a nearly 30% cut to debit interchange that would leave nearly one-third of covered issuers below cost recovery.

May 13, 2024
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Article