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ICBA to Approps panel: Don't expand Farm Credit

Jul 9, 2020 | NewsWatch Today
ICBA urged the House Appropriations Subcommittee on Defense to ensure the fiscal 2021 defense spending bill does not include any expansion of the Farm Credit System.

CFPB rescinds part of small-dollar rule

Jul 8, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule on small-dollar lending that rescinds the mandatory underwriting provisions of the 2017 rule but keeps its payments provisions.

ICBA seeking ILC grassroots outreach

Jul 8, 2020 | NewsWatch Today
ICBA continues calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole.

CFPB ratifies regulations following Supreme Court decision

Jul 8, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau ratified most regulatory actions it took from Jan. 4, 2012, through June 30, 2020. The CFPB said the move provides the financial marketplace with certainty that the rules are valid following last week's Supreme Court ruling that the bureau's single-director governance structure is unconstitutional.

ICBA offers resources on PPP data release

Jul 8, 2020 | NewsWatch Today
ICBA this week released talking points and a sample letter to PPP borrowers about the SBA and Treasury Department release of information about individual Paycheck Protection Program loans.

IRS cancels stimulus payments to ineligible recipients

Jul 8, 2020 | NewsWatch Today
The IRS cancelled outstanding Economic Impact Payment checks issued to recipients who may not be eligible for the stimulus payments, including those who might be deceased.

ICBA resources follow release of PPP data

Jul 7, 2020 | NewsWatch Today
Following the SBA and Treasury Department release of information about individual Paycheck Protection Program loans, ICBA released talking points and a sample letter to PPP borrowers about the agency announcement.

ICBA urging grassroots on ILC loophole

Jul 7, 2020 | NewsWatch Today
ICBA is calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole.

PPP calculator bill introduced in Senate

Jul 7, 2020 | NewsWatch Today
ICBA thanked Sens. Angus King (I-Maine) and John Kennedy (R-La.) for introducing legislation to establish a free online calculator to complete Paycheck Protection Program loan-forgiveness forms.

CFPB details higher-level exams

Jul 7, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response to the COVID-19 pandemic.

House subcommittee set to pass ag appropriations

Jul 7, 2020 | NewsWatch Today
The House Appropriations Agriculture Subcommittee adopted fiscal 2021 agriculture and rural development legislation.

ICBA on PPP extension: Community banks a lifeline

Jul 6, 2020 | NewsWatch Today
ICBA said community banks will continue working to meet the needs of their communities after Congress passed and President Trump signed a law extending the Paycheck Protection Program application deadline.