NewsWatch Today

New legislation introduced by Sen. Mike Lee (R-Utah) is designed to protect borrowers and lenders from regulatory penalties associated with the Paycheck Protection Program after ICBA raised the issue with policymakers.

ICBA President and CEO Rebeca Romero Rainey called on community bankers to contact Congress and engage small-business customers on the growing conflict between PPP loans and Economic Injury Disaster Loan advances.

A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.

The Financial Crimes Enforcement Network and Federal Reserve Board invited comment on a proposed rule that would amend Bank Secrecy Act recordkeeping and travel rule regulations.

ICBA is urging community bankers to retweet and share on social media its ongoing series of videos featuring Paycheck Protection Program borrowers to continue raising the industry's profile.

ICBA continues calling on community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advances from borrower PPP forgiveness amounts.

A group of Senate Banking Committee members joined ICBA in opposing the Securities and Exchange Commission's proposal to raise the threshold over which institutional investment managers are required to file quarterly Form 13F reports.

The FDIC issued an ICBA-advocated interim rule adjusting regulatory asset thresholds for community banks to mitigate costs from their sizable Paycheck Protection Program lending

With the Senate scheduled to vote today on a stimulus package that includes ICBA-advocated PPP forgiveness simplification, ICBA is calling on community bankers and their small-business contacts to weigh in on key PPP issues.

The Consumer Financial Protection Bureau extended the government-sponsored enterprise "patch," which exempts Fannie Mae and Freddie Mac mortgage loans from parts of the Qualified Mortgage rule.

ICBA is scheduled to host a complimentary Paycheck Protection Program webinar at 11:30 a.m. EST today. Staff experts will answer questions and discuss streamlined PPP forgiveness procedures, ICBA advocacy on PPP and EIDL advances, and more.

With the Senate bringing two separate measures that include PPP forgiveness simplification to a vote starting today, ICBA continues calling on community bankers and their small-business contacts to weigh in with lawmakers.