Several members of Congress expressed concerns with the community bank impact of the Consumer Financial Protection Bureau’s pending rule implementing Section 1071 small-business reporting requirements.
The FDIC released a Financial Institution Letter on amendments to Section 19 of the Federal Deposit Insurance Act under the Fair Hiring in Banking Act.
ICBA encourages community bankers to submit comments urging the Consumer Financial Protection Bureau to test and ultimately adopt an ICBA proposal to update mortgage disclosures, ICBA’s Ron Haynie writes in a new blog post.
ICBA is accepting nominations for its National Community Bank Service Award program recognizing community banks that provide outstanding volunteer services to local communities.
ICBA expressed support for newly reintroduced House legislation that would require a thorough cost-benefit analysis for proposed Consumer Financial Protection Bureau rules.
ICBA called on the federal government to support and prioritize research on the specific effects of digital assets on community banks and their customers.
ICBA is encouraging community bankers to call on the Consumer Financial Protection Bureau to adopt an ICBA proposal to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure rules.
A Treasury-led interagency working group charged with advancing work on a possible U.S. central bank digital currency has narrowed its objectives into three key policy areas, Treasury's Nellie Liang said.
The Financial Crimes Enforcement Network issued an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail.
The U.S. Supreme Court said it will take up a case challenging the Consumer Financial Protection Bureau's funding method after a federal appeals court ruled last fall that it is unconstitutional.
