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Independent Banker focuses on faster payments

Nov 3, 2021 | NewsWatch Today
This month’s ICBA Independent Banker magazine focuses on the race for faster payments.

Blog: PPP data show community bank lending urgency

Nov 3, 2021 | NewsWatch Today
A new ICBA blog post explores data showing the urgency of community banks’ Paycheck Protection Program response to help save small businesses in their communities.

Regulators recommend bank-like rules for stablecoins

Nov 2, 2021 | NewsWatch Today
The President’s Working Group on Financial Markets issued a long-awaited report spotlighting regulatory gaps in overseeing stablecoins and recommending legislation to implement a federal regulatory framework.

ICBA testifying tomorrow on cyber, data security

Nov 2, 2021 | NewsWatch Today
ICBA is scheduled to testify tomorrow on cyber and data security issues before the House Financial Services Committee’s Subcommittee on Consumer Protection and Financial Institutions.

CFPB issues debt collection guidance

Nov 1, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released several guidance documents to help providers prepare for two debt collection final rules taking effect Nov. 30.

Grassroots push continues against reconciliation tax hikes

Nov 1, 2021 | NewsWatch Today
With policymakers’ draft framework for the budget reconciliation bill featuring numerous tax increases, ICBA is calling on community bankers to use its Be Heard resource center to speak out in opposition.

ICBA to OCC: Take moderate approach to CRA rescission

Nov 1, 2021 | NewsWatch Today
ICBA advocated a moderate approach to the OCC’s rescission of its 2020 Community Reinvestment Act final rule and reinstatement of the 1995 interagency CRA rule.

IRS: Update income in Child Tax Credit portal

Nov 1, 2021 | NewsWatch Today
The IRS today is launching a new feature allowing any family receiving monthly Child Tax Credit payments to update their income using the Child Tax Credit Update Portal.

SBA: $44.8B in 2021 lending through signature programs

Nov 1, 2021 | NewsWatch Today
The SBA said its 7(a) and 504 loan programs supported more than 61,000 traditional loans worth $44.8 billion in fiscal 2021. The lending comprised:

ICBA opposes reconciliation package tax hikes

Oct 29, 2021 | NewsWatch Today
ICBA expressed strong opposition to certain tax provisions policymakers are considering as part of the Build Back Better reconciliation package.

IRS plan excluded from budget framework — for now

Oct 29, 2021 | NewsWatch Today
A Biden administration draft framework for the next round of congressional reconciliation discussions leaves out the ICBA-opposed IRS reporting proposal, though ICBA’s campaign against the plan continues.

ICBA, groups oppose grantor trust rule changes

Oct 29, 2021 | NewsWatch Today
ICBA and other business groups urged Congress to reject proposed changes to grantor trust and valuation rules in the Build Back Better reconciliation bill.