NewsWatch Today

The explosion of pro-community bank policy reforms from the first quarter of the year culminated in this week’s House Financial Services Committee markup, but there is still significant work to do, ICBA President and CEO Rebeca Romero Rainey said in a message to community bankers.

The Senate Banking Committee voted to advance several nominations out of committee.

With the House vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule delayed until next week, ICBA is calling on community bankers to continue urging lawmakers to vote in favor of the measure.

The House Financial Services Committee voted to pass legislation to establish a federal supervisory framework for stablecoins and their issuers.

ICBA commended the House Financial Services Committee for advancing three ICBA-advocated bills to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a U.S. central bank digital currency.

With the House vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule delayed, ICBA is calling on community bankers to continue urging their lawmakers to vote in favor of the measure.

The House Financial Services Committee is scheduled to take up three ICBA-advocated bills today to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a U.S. central bank digital currency.

BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) today.

In observance of Community Banking Month, ICBA reminded Americans of the pivotal role community banks serve in bolstering local economies, supporting small businesses, and offering relationship-driven banking services.

With the House set to vote this week on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to continue urging their lawmakers to vote in favor of the measure.

The House Financial Services Committee is scheduled to take up three ICBA-advocated bills this week to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a U.S. central bank digital currency.

The OCC withdrew its participation in ICBA-opposed interagency principles for climate-related financial risk management for financial institutions with $100 billion or more in total consolidated assets.