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House hearing this week on central bank digital currency

After ICBA last week expressed opposition to the establishment of a U.S. central bank digital currency, a House hearing this week will focus on CBDC benefits and risks.

May 24, 2022
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Article
Digital Assets Technology

ICBA requests records on CFPB’s 1071 rulemaking

ICBA and other groups filed a Freedom of Information Act request seeking Consumer Financial Protection Bureau records on its implementation of Section 1071 of the Dodd-Frank Act.

May 27, 2022
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Article
Compliance

Statement on Confirmation of Sandra Thompson for FHFA Director

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on the Senate confirmation of Sandra Thompson for Federal Housing Finance...

May 25, 2022
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Article
Federal Housing Finance Agency

ICBA urges agency consistency, innovation to promote banking access

ICBA encouraged federal banking regulators to take several steps to increase services to unbanked and underbanked households.

May 24, 2022
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Article
Commerce & Banking

ICBA’s FDIC climate principles comment campaign continues

ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial...

May 23, 2022
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Article
Climate

Former NCUA official continues targeting credit union acquisitions

A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions.

May 23, 2022
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Article
Credit Unions

Strong favorability fuels successful Capital Summit: blog

New polling conducted by Morning Consult supported community banker meetings with policymakers at the recent 2022 ICBA Capital Summit, according to ICBA’s latest blog post.

May 20, 2022
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Article
Community Bank Awareness

ICBA opposes U.S. central bank digital currency

ICBA expressed opposition to the establishment of a U.S. central bank digital currency. In a comment letter to the Federal Reserve, ICBA said a U.S.

May 23, 2022
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Article
Digital Assets Technology