The Federal Open Market Committee voted to maintain the target range for the federal funds rate at a range of 4.25% to 4.5%, citing an uncertain economic and inflation outlook.
ICBA is reviewing the community banking industry impact of the Trump administration’s pause to some federal agency grant and loan programs, which has been temporarily blocked by a federal judge until Monday.
In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court injunction.
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court injunction.
Dave Fishwick, the English businessman whose story inspired the Netflix hit “Bank of Dave” and other movies about community banking, will be speaking at ICBA LIVE 2025.
After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement needed policy reforms.
The Commodity Futures Trading Commission announced it will soon begin a series of public roundtables on several evolving issues, including digital assets.
The House Financial Services Committee announced hearings for February, including a “Making Community Banking Great Again” hearing at 10 a.m. (Eastern time) Wednesday, Feb. 5.
