NewsWatch Today

ICBA commended the Senate for passing an ICBA-advocated resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 small-business data collection and reporting requirements.

Policymakers announced efforts to address the role of crypto-assets in the Oct. 7 Hamas attacks on Israel.

ICBA expressed support for the International Organization of Securities Commissions’ recommendations for establishing policies on decentralized finance.

With the Senate scheduled to vote today on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to support the measure.

The Federal Reserve Board and FDIC board of directors scheduled meetings for next week on two high-profile regulatory issues: the Community Reinvestment Act and climate risk.

The Federal Reserve Board scheduled a meeting for next week on proposed revisions to the agency’s debit interchange fee cap.

Federal Reserve Governor Michelle Bowman said she has yet to see a compelling argument that a U.S. central bank digital currency could address payments system problems more effectively, efficiently, or with fewer risks than alternatives.

A new ICBA blog post recaps the significant upheaval in the digital assets market over the past year and what it means for Washington’s response.

Federal Housing Finance Agency Director Sandra Thompson recognized mortgage lenders’ concerns with rising repurchase requests from Fannie Mae and Freddie Mac, though she said requests have declined since their peak in early 2022.

The Federal Housing Finance Agency said it will revise the treatment of active single-family mortgages backed by Fannie Mae and Freddie Mac for which borrowers elected a COVID-19 forbearance under the enterprises' representations and warranties framework.

The Federal Housing Finance Agency published a new set of data points and trends found in appraisal reports.

ICBA’s joint proposal to reduce mortgage rates by an estimated 100 to 150 basis points is making news.