ICBA and the nation's community banks welcomed President Donald Trump following his inauguration, citing the historic opportunity to make significant improvements to financial services policy.
ICBA Policy Outlook: “With the new administration and Congress offering an extraordinary opportunity to address excessively burdensome banking regulations hindering access to financial services in local communities, ICBA’s ‘Repair, Reform, and Thrive’ plan and our recent open letter to the 119th Congress outline comprehensive reforms that address our most pressing policy challenges,” said ICBA President and CEO Rebeca Romero Rainey said in a national news release.
Building on Prior Success: Romero Rainey noted that the reforms in ICBA’s policy platform will help build on the success of the first Trump administration, which saw the signing of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155).