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NewsWatch Today

CFPB updates TILA thresholds

Jan 3, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule amending the official interpretations for Regulation Z, which implements the Truth in Lending Act, to update the dollar amounts of various thresholds that it must adjust annually.

CFPB adjusts asset-size thresholds

Jan 3, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau issued three annual threshold adjustment final rules.

Romero Rainey: ICBA, community bankers stand together in 2022

Dec 23, 2022 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey said ICBA and community bankers this year proved once again to be effective advocates in Washington.

Boston Fed, MIT end CBDC research project

Dec 23, 2022 | NewsWatch Today
The Federal Reserve Bank of Boston and MIT concluded their joint Project Hamilton research project into the technical feasibility of a potential U.S. central bank digital currency.

ICBA response to New York climate proposal making news

Dec 23, 2022 | NewsWatch Today
ICBA’s pushback against New York State Department of Financial Services proposed guidance on climate risk is making headlines.

Toomey bill would allow Fed master accounts for stablecoin issuers

Dec 23, 2022 | NewsWatch Today
Retiring Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) introduced legislation on stablecoin regulation, contributing to the debate over crypto oversight that will resume during the next Congress.

Durbin Amendment expansion out of congressional omnibus

Dec 21, 2022 | NewsWatch Today
Congress left out of its end-of-year omnibus spending bill numerous ICBA-opposed legislative initiatives, including language to extend the Durbin Amendment to credit cards.

ICBA pledges to ensure community bank voice is heard on FDIC board

Dec 21, 2022 | NewsWatch Today
Following the Senate confirmation of FDIC board members, including FDIC Acting Chairman Martin Gruenberg’s nomination for chairman, ICBA released a statement pledging to work with the officials on behalf of the nation’s community banks.

ICBA to Congress: CDFI Fund proposal would harm communities

Dec 21, 2022 | NewsWatch Today
ICBA and other groups requested a meeting with members of Congress to discuss a Treasury Department proposal that would reduce access to services provided by Community Development Financial Institutions Fund-certified depository institutions.

CFPB updates HELOC brochure

Dec 19, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau issued an update to its “What you should know about home equity lines of credit” brochure.

NCUA chief backs bill to tighten credit union cyber oversight

Dec 19, 2022 | NewsWatch Today
The head of the National Credit Union Administration called on Congress to pass ICBA-advocated legislation that would authorize the agency to examine credit union third-party service providers for cyber risk.

New bill would establish national data breach standard

Dec 19, 2022 | NewsWatch Today
Rep. Blaine Luetkemeyer (R-Mo.) reintroduced ICBA-advocated legislation to establish a national data breach notification standard.