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GM withdraws ILC charter application

General Motors withdrew its ICBA-opposed application for deposit insurance, suspending its bid to form an industrial loan company.

Jun 27, 2024
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Article

Sen. Stabenow: It’s time to pass a farm bill

Senate Agriculture Committee Chair Debbie Stabenow (D-Mich.) called for negotiations on the next farm bill.

Jun 27, 2024
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Article
Farm Bill

Fed’s Bowman recommends Basel III Endgame changes

Federal Reserve Governor Michelle Bowman said she sees a path forward for implementing proposed Basel III Endgame capital rules that addresses concerns with their effectiveness and efficiency.

Jun 27, 2024
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Article

New ICBA podcast on check fraud

The latest episode of ICBA’s “Independent Banker” podcast, sponsored by FIS, discusses why check fraud has become such a problem.

Jun 26, 2024
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Article

CFPB extends compliance dates for 1071 rule

The Consumer Financial Protection Bureau issued an interim final rule to extend compliance deadlines for its 1071 small-business rule following a Supreme Court ruling that ended a temporary...

Jun 26, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA opposes Freddie Mac pilot to purchase second mortgages

ICBA announced its opposition to the Federal Housing Finance Agency’s conditional approval of Freddie Mac’s proposal to engage in a pilot program to purchase certain single-family closed-end second...

Jun 25, 2024
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Article
Federal Housing Finance Agency

Data privacy bill markup canceled

The House Energy and Commerce Committee canceled the scheduled markup of the American Privacy Rights Act following concerns about the bill.

Jun 28, 2024
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Article
Climate

Credit Analyst Institute heads to Texas

ICBA's Credit Analyst Institute, scheduled for Aug. 11-14 in Grapevine, Texas., will examine the evolving role of the credit analyst and dive into the intricacies of financial analysis, business...

Jun 26, 2024
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Article