While ICBA urges community bankers to renew their opposition to Washington’s IRS reporting proposal by calling lawmakers and urging consumer outreach, ICBA Chairman Robert Fisher is set to testify today on why tweaks to the plan won’t quell the opposition

ICBA is hosting a complimentary one-hour webinar at 11 a.m. (Eastern time) tomorrow, Oct. 26, to provide ICBA members with foundational knowledge of central bank digital currencies.

With the banking system experiencing a lack of de novo formation in the past decade, policymakers must avoid adding regulatory burdens on community banks, Federal Reserve Governor Michelle Bowman said.

The FDIC adopted an ICBA-supported final rule amending real estate lending standards for supervisory loan-to-value limits to incorporate the Community Bank Leverage Ratio rule.

ICBA’s campaign against Washington’s IRS reporting proposal demands that community bankers increase their grassroots outreach through calls and messages to Capitol Hill, ICBA’s Jack Coleman writes in a new blog post.

Rep. Charlie Crist (D-Fla.) became the first Democratic member of Congress to publicly express concerns with the ICBA-opposed IRS reporting proposal.

The National Credit Union Administration approved an ICBA-opposed rule expanding credit union service organizations' permissible services and activities to include anything federal credit unions can currently do.

The Consumer Financial Protection Bureau issued a series of orders to collect information on the business practices of large U.S. tech companies that operate payments systems.

ICBA announced its ICBA LIVE 2022 national convention is scheduled for Feb. 27-March 3 in San Antonio.

ICBA advocated updates to bipartisan legislation that would create a cyber incident reporting regime to avoid excessive burdens on community banks.

Independent Community Bankers of America President and CEO Rebeca Romero Rainey today issued a statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.

Senators are set to host dueling press conferences today on the Biden administration’s ICBA-opposed plan to require banks to report customer information to the IRS.

The Farm Credit Administration posted its latest regulatory projects plan. The plan cites pending regulations on a Farm Credit System bridge bank; an annual strategic plan on young, beginning, and small farmers; collateral evaluation regulations; and more.

ICBA told regulators it supports their efforts to consolidate guidance on third-party risk management while providing recommendations on the proposed interagency guidance.

The Independent Community Bankers of America today announced it has extended its relationship with Preferred Service Provider OnBoard and its digital board management solution. OnBoard has been an ICBA Preferred Service Provider since 2015.

Attorneys general from 20 states expressed opposition to the Biden administration’s proposal to require banks to report customer information to the IRS.

ICBA told the National Credit Union Administration that credit unions should first be subject to the full provisions of the Basel III regulatory capital standards before capital relief measures are considered.

The Commodity Futures Trading Commission fined Tether, the largest stablecoin issuer, $41 million for misleading claims that its U.S. dollar token was fully backed by reserves.

The OCC released its bank supervision operating plan for fiscal 2022. The plan provides the foundation for policy initiatives and for supervisory strategies to guide OCC staff.

With Congress working to modify its IRS reporting proposal in response to widespread opposition, ICBA and 100 other organizations pushed back against false claims from supporters of the policy.