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ICBA applauded the OCC for tailoring its proposed climate-related financial risk management principles to banks over $100 billion in assets, though the association expressed concerns that examiners could eventually apply the framework to community banks.

ICBA called on senators to oppose amendments to the Postal Service Reform Act of 2022 (H.R. 3076) that would authorize the U.S. Postal Service to offer additional banking services.

ICBA laid out its plan for the Financial Crimes Enforcement Network to modernize its outdated Bank Secrecy Act framework to alleviate compliance burdens while producing more useful information for law enforcement.

ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting tomorrow to support community bank cybersecurity.

Community bankers can schedule virtual visits this month and next with 2022 ICBA ThinkTECH Accelerator program participants.

The Consumer Financial Protection Bureau said there has been a “notable trend” of banks changing overdraft programs as the bureau begins targeting overdraft and non-sufficient fund fees.

ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting next week to support community bank cybersecurity.

The Senate Banking Committee scheduled a hearing for next week on the President’s Working Group on Financial Markets report on stablecoins.

The House Financial Services Committee is scheduled to meet next week for a hearing on federal support for minority depository institutions and community depository financial institutions.

Policymakers should take a comprehensive, coordinated regulatory approach to stablecoins and other digital assets, ICBA told the House Financial Services Committee.

With the Financial Crimes Enforcement Network now required to collect beneficial ownership information directly from reporting companies, it should withdraw its requirement that banks collect this information as well, ICBA told the agency.

The National Taxpayers Union encouraged key congressional committees to consider whether credit unions should continue to be exempt from filing Form 990 returns, which most tax-exempt organizations are required to file annually.