NewsWatch Today

J. Michael Radcliffe—chairman and CEO of Community Financial Services Bank in Benton, Ky.—testified before the House Financial Services Committee’s Subcommittee on Financial Institutions hearing on regulatory overreach.

ICBA next week is hosting a complimentary community bank briefing on key congressional and regulatory developments.

Acting Comptroller of the Currency Rodney Hood said artificial intelligence has tremendous potential to help banks optimize processes and promote access to banking services, but it must be used in a safe, secure, and trustworthy manner.

Community bankers are exploring the targeting capabilities and flexibility of advertising on connected TV, according to the latest Independent Banker magazine.

J. Michael Radcliffe—chairman and CEO of Community Financial Services Bank in Benton, Ky.—today is scheduled to testify before the House Financial Services Committee’s Subcommittee on Financial Institutions.

As Congress returns from its April recess, ICBA is encouraging community bankers to tell their lawmakers to protect homebuyers by limiting mortgage trigger leads.

As Congress returns from its April recess, ICBA is encouraging community bankers to tell their lawmakers to protect homebuyers by limiting mortgage trigger leads.

ICBA President and CEO Rebeca Romero Rainey was named to Washingtonian magazine’s list of the 500 Most Influential People in the nation’s capital.

In his first public remarks since being sworn in as Securities and Exchange Commission chair, Paul Atkins said he looks forward to working with market participants, the administration, and Congress to “establish a rational, fit-for-purpose regulatory framework for crypto assets.”

Following the latest acquisition of a tax-paying community bank by a tax-exempt credit union, ICBA continued its call for Congress to eliminate the federal tax exemption for credit unions over $1 billion in assets.

With Congress potentially taking up tax legislation when it returns from the current congressional recess, ICBA is calling on community bankers to urge their lawmakers to co-sponsor legislation that would provide tax relief to support rural lending.

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and 87 House Democrats asked Treasury Secretary Scott Bessent to exclude the CDFI Fund from a recent executive order directing it to scale back operations.