NewsWatch Today

The House of Representatives passed ICBA-backed legislation to protect the integrity of the Small Business Administration 7(a) program so it can continue to reach more borrowers and support local economic development.

Rep. Joyce Beatty (D-Ohio) reintroduced ICBA-supported legislation to codify a Treasury Department program to support minority depository institutions and other community banks.

ICBA and a group of community bankers met with the Uniform Commercial Code's Permanent Editorial Board at a national stakeholders' meeting to advocate changes to state law to better address check and wire fraud.

ICBA congratulated Federal Reserve Governor Michelle Bowman following last night’s Senate vote confirming her ICBA-advocated nomination to serve as Fed vice chair for supervision.

ICBA said it strongly supports a Financial Crimes Enforcement Network proposed rule to designate the Huione Group as a primary money laundering concern, but it said more needs to be done to curtail the rapid growth of crypto scams.

ICBA and its 44 state affiliates this week called on senators to include the Access to Credit for our Rural Economy (ACRE) Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high loan interest costs for farmers, ranchers, and rural homeowners.

ICBA and its 44 state affiliates called on senators to include the Access to Credit for our Rural Economy (ACRE) Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high loan interest costs for farmers, ranchers, and rural homeowners.

Acting Comptroller of the Currency Rodney Hood said the OCC wants to develop artificial intelligence guidance and tools that ensure that all banks can modernize and remain competitive.

The Federal Reserve announced that Wells Fargo is no longer subject to the asset-growth restriction from its enforcement action against the bank.

This month’s Independent Banker magazine recognizes the seventh annual "40 Under 40" list of emerging community bankers who are making a difference in their communities.

The Consumer Financial Protection Bureau asked a federal court to vacate its 1033 rule on consumer data security and privacy, saying the rule is unlawful.

Senate Majority Leader John Thune (R-S.D.) moved to bring to a vote the nomination of Michelle Bowman to be the Federal Reserve’s vice chair for supervision.