NewsWatch Today

Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

A key member of the House Financial Services Committee raised concerns with the Federal Housing Finance Agency’s plan to change credit report requirements for Fannie Mae and Freddie Mac mortgages.

The Financial Crimes Enforcement Network issued a final rule that specifies the circumstances in which a reporting company may report an entity’s FinCEN identifier in lieu of information about individual beneficial owners.

Federal Reserve Governor Michelle Bowman expressed concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

ICBA and its affiliated state community banking associations called on the Consumer Financial Protection Bureau to extend the comment deadline on its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.

The Financial Crimes Enforcement Network and the Bureau of Industry and Security issued a joint notice highlighting a new Suspicious Activity Report key term.

ICBA is slated to hold a complimentary briefing next week on the interagency final rule to reform Community Reinvestment Act regulations.

ICBA announced the rebranding of Community Banker University to ICBA Education as part of the new ICBA brand, which launched last week.

ICBA expressed strong opposition to a Labor Department proposal that would increase the number of employees who are entitled to overtime compensation.

House Agriculture Committee Ranking Member David Scott (D-Ga.) called for a one-year extension of the 2018 farm bill while lawmakers continue to develop a five-year reauthorization.

ICBA expressed concerns with a Small Business Administration announcement that it has licensed three new Small Business Lending Companies for its 7(a) loan program.

The latest episode of ICBA’s “Independent Banker” podcast spotlights rising cybercrime and the importance of community banks fortifying their cybersecurity operations.