NewsWatch Today

A federal judge upheld an order blocking the Consumer Financial Protection Bureau’s $8 cap on credit card late fees.

The Consumer Financial Protection Bureau launched a rulemaking to address the effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse.

The Federal Reserve provided a technical clarification that its account access guidelines also apply to excess balance accounts.

ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2024 list of the nation’s top lobbyists.

Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.

The U.S. banking system remains resilient—supported by sound levels of regulatory capital, adequate liquidity buffers, and healthy levels of profitability—but the industry must address emerging vulnerabilities, according to the Financial Stability Oversight Council’s 2024 annual report.

ICBA’s ThinkTECH Solutions Forum: AgeTech is scheduled for noon (Eastern time) Thursday, Dec. 12.

A new five-year farm bill will run about 1,000 pages and include a vast array of programs, so the most likely action is an extension of the current bill and possibly an emergency aid package, according to the latest Independent Banker magazine.

Frank Bisignano—chairman, president, and CEO of Fiserv, a global provider of payments and financial services technology solutions—was nominated by President-Elect Donald Trump to be commissioner of the Social Security Administration.

The Consumer Financial Protection Bureau’s 1071 small-business rule exceeds the agency’s statutory authority and is arbitrary and capricious, ICBA said in a new court filing.

The Treasury Department sanctioned five individuals and four entities associated with the TGR Group, an international network of businesses and employees that act on behalf of Russian elites.

Five federal financial regulatory agencies, the Financial Crimes Enforcement Network, and state financial regulators issued a joint statement to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.