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USDA B&I loan program funding running out

May 31, 2022 | NewsWatch Today
The USDA told Business and Industry Guaranteed Loan Program stakeholders that it has discontinued allocating funds on an as-requested basis because the program is running low on authorized funding.

SEC, CFTC leaders propose joint crypto roundtables

May 31, 2022 | NewsWatch Today
Securities and Exchange Commission and Commodity Futures Trading Commission officials called on their agencies to hold joint roundtables to consider regulations governing digital assets.

Lawmakers echo ICBA’s CBDC concerns during hearing

May 27, 2022 | NewsWatch Today
Members of Congress from both parties raised concerns about the impact of a U.S. central bank digital currency on community banks after ICBA told lawmakers it opposes the digital dollar.

One week left for FDIC climate comment letters

May 27, 2022 | NewsWatch Today
Community bankers have one week left to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

ICBA requests records on CFPB’s 1071 rulemaking

May 27, 2022 | NewsWatch Today
ICBA and other groups filed a Freedom of Information Act request seeking Consumer Financial Protection Bureau records on its implementation of Section 1071 of the Dodd-Frank Act.

FDIC climate comment letters due next week

May 24, 2022 | NewsWatch Today
Next week is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

House hearing this week on central bank digital currency

May 24, 2022 | NewsWatch Today
After ICBA last week expressed opposition to the establishment of a U.S. central bank digital currency, a House hearing this week will focus on CBDC benefits and risks.

ICBA urges agency consistency, innovation to promote banking access

May 24, 2022 | NewsWatch Today
ICBA encouraged federal banking regulators to take several steps to increase services to unbanked and underbanked households.

ICBA opposes U.S. central bank digital currency

May 23, 2022 | NewsWatch Today
ICBA expressed opposition to the establishment of a U.S. central bank digital currency. In a comment letter to the Federal Reserve, ICBA said a U.S. CBDC would introduce significant privacy and cybersecurity risks into the nation’s monetary system and disrupt U.S. banking stability.

ICBA’s FDIC climate principles comment campaign continues

May 23, 2022 | NewsWatch Today
ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

Former NCUA official continues targeting credit union acquisitions

May 23, 2022 | NewsWatch Today
A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions.

Strong favorability fuels successful Capital Summit: blog

May 20, 2022 | NewsWatch Today
New polling conducted by Morning Consult supported community banker meetings with policymakers at the recent 2022 ICBA Capital Summit, according to ICBA’s latest blog post.