On March 9, 2022, President Joe Biden signed an executive order that outlines the administration’s strategy to address cryptoasset risks, develop a framework to promote responsible innovation and competition with digital assets, and conduct more research on the potential impacts of a digital dollar.
ICBA today told Congress that community banks are critical to the success of Small Business Administration lending programs, which should not be undermined by instituting direct SBA lending under its 7(a) program.
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration programs.
President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.
The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.
With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical zero-day vulnerabilities.
President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.
The Senate passed the $1.5 trillion omnibus to fund the government through Sept. 30 with ICBA-advocated provisions related to the SBA’s 504 loan program, LIBOR, and cyber incident reporting.
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the White House’s executive order on digital asset risks and opportunities.
