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House passes spending bill without IRS reporting plan

Nov 22, 2021 | NewsWatch Today
The House passed its version of the Build Back Better reconciliation bill without numerous ICBA-opposed provisions, including the IRS bank reporting proposal.

Fed officials: Faster tapering may be needed

Nov 22, 2021 | NewsWatch Today
Federal Reserve officials discussed the potential need to speed up the tapering of asset purchases in response to rising job gains and inflation.

OCC nominee faces tough questions at Senate hearing

Nov 19, 2021 | NewsWatch Today
Community bank opposition to Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency took center stage at a contentious Senate Banking Committee hearing.

Agencies issue computer incident notification final rule

Nov 19, 2021 | NewsWatch Today
Federal banking regulators approved a final rule designed to improve the sharing of information about cyber incidents that may affect the U.S. banking system.

ICBA issues summary of employer vaccine mandate

Nov 18, 2021 | NewsWatch Today
ICBA published a summary of the Biden administration’s policy requiring employers with 100 or more employees to ensure their workers are fully vaccinated against COVID-19 or are tested weekly.

ICBA, state groups oppose Omarova OCC nomination

Nov 18, 2021 | NewsWatch Today
ICBA and state community banking groups expressed opposition to Cornell University law professor Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency.

ICBA, groups push for NCUA oversight hearing

Nov 18, 2021 | NewsWatch Today
ICBA and other groups called on Congress to hold an oversight hearing on troubling National Credit Union Administration rulemaking activity.

ICBA urging grassroots pushback against SBA direct lending plan

Nov 17, 2021 | NewsWatch Today
ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the House budget-reconciliation bill.

Hsu: Agencies planning additional clarity on crypto activities

Nov 17, 2021 | NewsWatch Today
Federal banking regulators will soon issue a short statement that describes the recently concluded interagency “crypto sprint,” Acting Comptroller of the Currency Michael Hsu said.

Credit union satisfaction lags banks again: index

Nov 17, 2021 | NewsWatch Today
Consumer satisfaction with credit unions lagged banks for the third year in a row, according to a national survey covered by CU Today.

ICBA urging grassroots pushback against SBA direct lending plan

Nov 16, 2021 | NewsWatch Today
ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the House budget-reconciliation bill.

Republican senators denounce postal banking pilot

Nov 16, 2021 | NewsWatch Today
A group of 19 Senate Republicans led by Sen. John Boozman (Ark.) denounced an ICBA-opposed U.S. Postal Service pilot program to test postal banking.