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Treasury push on IRS reporting shows urgency of ICBA campaign

Sep 16, 2021 | NewsWatch Today
The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget package—demonstrating the continued need for community bankers to enlist consumers in opposing the plan.

ICBA urges National Flood Insurance Program extension

Sep 15, 2021 | NewsWatch Today
ICBA and other groups called on congressional leaders to extend the National Flood Insurance Program before it expires on Sept. 30.

IRS proposal draws strong consumer opposition: op-ed

Sep 13, 2021 | NewsWatch Today
A proposal to require banks to report customer account information to the IRS is eliciting strong consumer opposition, ICBA Secretary Tim Aiken wrote in a new op-ed.

OSHA developing standards for employer vaccine mandate

Sep 13, 2021 | NewsWatch Today
The Occupational Safety and Health Administration is expected to release new standards following President Joe Biden’s executive order requiring COVID-19 vaccination and testing for private employers with 100 or more employees.

CFPB issues HMDA filing guide

Sep 13, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released the Filing Instructions Guide for Home Mortgage Disclosure Act data.

New op-ed continues push against IRS reporting plan

Sep 10, 2021 | NewsWatch Today
While Sen. Joe Manchin (D-W.Va.) has raised concerns about the price tag of budget-reconciliation legislation, Americans are speaking out against its pending IRS reporting provision, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed.

ICBA pushing grassroots on reconciliation tax hikes

Sep 10, 2021 | NewsWatch Today
While ICBA’s IRS campaign continues, it is also calling on community bankers to speak out against a comprehensive package of tax increases on community banks and their customers.

ICBA issues summary on CFPB 1071 proposal

Sep 10, 2021 | NewsWatch Today
ICBA published a summary of the Consumer Financial Protection Bureau’s proposed rule to implement Dodd-Frank Section 1071 data collection and reporting requirements for small-business lending.

Community bank net income rises 28.7%

Sep 9, 2021 | NewsWatch Today
Community banks reported net income growth of 28.7% in the second quarter from the same period last year, according to the FDIC's Quarterly Banking Profile.

ICBA urges House panel to reject IRS monitoring plan

Sep 9, 2021 | NewsWatch Today
Ahead of a House Ways and Means Committee markup starting today, ICBA reiterated its opposition to any proposal that would require banks to report customer account information to the IRS.

ICBA issues position paper on climate change regulation

Sep 9, 2021 | NewsWatch Today
ICBA released a new position paper on the potential impact of new climate change regulations on community banks.

OCC proposes rescinding CRA rule

Sep 9, 2021 | NewsWatch Today
The OCC issued proposed rules to rescind its May 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995.