The best way to influence policymakers is to get in front of them in-person, according to the Congressional Management Foundation and the August recess is the best time to schedule an in-district meeting.
The speaker lineup for the ICBA LEAD FWD Summit, live-streaming Sept. 21-22, is taking shape with the announcement of Precious Williams, a 13-time national pitch champion as the Day 2 keynote speaker.
ICBA urged the Senate Banking Committee to re-examine the anti-competitive effect from the surge in credit union acquisitions of taxpaying community banks and the permissive oversight of the National Credit Union Administration.
In separate events, Securities and Exchange Chairman Gary Gensler and Acting Comptroller of the Currency Michael Hsu discussed efforts underway to adapt to the digitization of banking and finance.
The federal government extended the moratorium on single-family real estate owned evictions until Sept. 30 for Fannie Mae, Freddie Mac, the Federal Housing Administration, and the USDA.
ICBA and other groups requested a 30-day comment extension on proposed interagency guidance designed to help banks manage risks associated with third-party relationships, including with fintechs.
The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov. 30.
A new Morning Consult op-ed raises questions about the Treasury Department’s estimated tax revenue increase from its proposal to expand information reporting on bank customers.
House Financial Services Committee Republicans called on the Consumer Financial Protection Bureau to consider the impact on small institutions as it develops a proposed rule on small-business data collection and reporting.
