Acting Comptroller of the Currency Michael Hsu said he has directed senior OCC staff to work with the Justice Department and other agencies to review federal frameworks for bank mergers.
ICBA expressed support for a Consumer Financial Protection Bureau proposed rule that would prohibit consumer reporting agencies from reporting adverse information on victims of human trafficking.
ICBA kicked off the 2022 ICBA Capital Summit in Washington with new national and state-level polling data showing Americans in all 50 states view community banking favorably.
Today’s ICBA Capital Summit agenda includes in-person meetings with congressional offices following remarks from Senate Banking Committee member Mike Rounds (R-S.D.).
The FDIC board of directors announced it will meet this week on a notice of proposed rulemaking on revising Community Reinvestment Act regulations. The board meeting is scheduled for 10 a.m. (Eastern time) this Thursday, May 5.
Ahead of this week’s Capital Summit, ICBA updated its white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt regulatory oversight.
Consumer Financial Protection Bureau Director Rohit Chopra told Congress that engaging community banks is one of his key priorities as head of the agency.
