Newsroom Graphic

NewsWatch Today

Bipartisan stimulus proposal includes ICBA priorities

Dec 15, 2020 | NewsWatch Today
Draft proposed legislation released by a bipartisan group of lawmakers includes ICBA-advocated stimulus priorities.

Romero Rainey: Act now on stimulus push

Dec 15, 2020 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on community bankers to make a final push for Congress to pass an economic relief package with key stimulus priorities.

ICBA: CFPB should narrow 1071 reporting plan

Dec 15, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau's outline of proposals for implementing small-business data collection and reporting rules is too broad and should be narrowed, ICBA said.

ICBA, state groups continue push for EIDL fix

Dec 14, 2020 | NewsWatch Today
ICBA and 44 state community banking associations called on Congress to fully forgive Economic Injury Disaster Loan Advances for recipients who also have a Paycheck Protection Program loan.

FDIC board meeting on ILC parent companies, brokered deposits

Dec 14, 2020 | NewsWatch Today
The FDIC board of directors is set to meet tomorrow to vote on a final rule to codify its capital, liquidity and source-of-strength requirements for industrial loan company parent companies.

McWilliams touts "continuous engagement" oversight approach

Dec 14, 2020 | NewsWatch Today
More regular and informal meetings between banks and regulators to discuss operations and emerging risks could reduce the need for cumbersome quarterly reporting, FDIC Chairman Jelena McWilliams said.

Time running out on stimulus grassroots

Dec 11, 2020 | NewsWatch Today
With Congress running out of time to pass a stimulus package by year-end, ICBA is calling on community bankers to reach out to their lawmakers and enlist small-business customers on outstanding priorities.

CFPB finalizes QM reforms

Dec 11, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau finalized rules addressing the pending expiration of the "GSE Patch," which exempts Fannie Mae and Freddie Mac mortgage loans from parts of the bureau's Qualified Mortgage rule.

Senate vote on 'beneficial owner' reform as soon as today

Dec 11, 2020 | NewsWatch Today
The Senate is expected to vote as soon as today on a compromise defense spending bill that includes a key step toward ICBA-advocated relief from "beneficial ownership" disclosure mandates.

Grassroots urgent as stimulus talks heat up

Dec 10, 2020 | NewsWatch Today
As congressional negotiations over an economic stimulus package heat up, ICBA continues calling on community bankers to urge their lawmakers to include ICBA-advocated provisions.

SBA issues FAQ on PPP questionnaires

Dec 10, 2020 | NewsWatch Today
The SBA updated its Paycheck Protection Program frequently asked questions with guidance on why some PPP borrowers are receiving a loan necessity questionnaire.

'Beneficial owner' reform passes House

Dec 9, 2020 | NewsWatch Today
The House voted 335-78 to pass a compromise defense spending bill that includes a key step toward ICBA-advocated relief from "beneficial ownership" disclosure mandates.