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Recordings and full text of the testimonies ICBA leaders provided this week on Capitol Hill are available online.

Community banks with $850 million or more in assets will soon need to comply with the new open banking regulation, and smaller institutions might want to prepare for data sharing if their customers demand it, according to the latest Independent Banker magazine.

At the first House Financial Services Committee hearing of the new Congress, ICBA President and CEO Rebeca Romero Rainey called on lawmakers to transform the regulatory environment for community banks to promote locally based economic growth.

In separate testimony on Wednesday at the first House Small Business Committee hearing of the 119th Congress, ICBA called on lawmakers to advance regulatory and tax relief that will further enhance small-business lending.

ICBA expressed strong support for new legislation to overturn the Consumer Financial Protection Bureau’s small-business data collection and reporting requirements under Section 1071 of the Dodd-Frank Act.

Two ICBA leaders are set to kick off the 119th Congress hearing schedule today with testimony on community banking and small business.

The Federal Housing Finance Agency should defer to the Federal Home Loan Banks when it comes to the leadership of each bank, ICBA said.

The Senate Agriculture Committee is scheduled to hold a hearing at 10:30 a.m. (Eastern time) today titled "Perspectives from the Field: Farmer and Rancher Views on the Agricultural Economy, Part 1.”

Final discount pricing for ICBA LIVE, the world’s largest gathering of community bankers, ends today.

ICBA is calling on community bankers to use its Be Heard Grassroots Action Center to urge members of Congress to support policy priorities for the 119th Congress.

The Treasury Department announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which focuses on climate risk management. The department noted that the NGFS was organized to help to meet the goals of the Paris Agreement, from which the United States has withdrawn.

The Trump administration rescinded the original memo outlining its freeze for some federal agency grant and loan programs while noting the funding pauses spelled out in previous executive orders remain in effect.