NewsWatch Today

The Consumer Financial Protection Bureau issued a report highlighting legal violations identified by bureau examinations in 2020.

The Department of Housing and Urban Development recently proposed rescinding its 2020 rule interpreting the Fair Housing Act’s "disparate impact" standard and restoring its 2013 rule on discriminatory effects.

The pandemic has accelerated the implementation of instant payments and the need for community banks to have a strategy in place, according to the latest Main Street Matters post.

The Federal Financial Institutions Examination Council released 2020 Home Mortgage Disclosure Act data showing the impact of regulatory relief on HMDA reporting.

Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity, which has implications for community banks, ICBA’s Brian Laverdure writes in a new Main Street Matters post.

The Farm Credit Administration released its quarterly report on the ag economy and the performance of the Farm Credit System, whose growth is largely generated by tax free ag real estate lending.

The Basel Committee on Banking Supervision published a public consultation document with preliminary proposals for the prudential treatment of banks' cryptoasset exposures.

ICBA told Congress that postal banking is not the solution to reaching more unbanked Americans and lawmakers should reject such proposals.

The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments

The IRS said it disbursed more than 2.3 million additional Economic Impact Payments over the past two weeks. The latest batch includes those with official payment dates through June 9.

Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) pushed back against a Biden administration proposal that would require financial institutions to report information on account flows to the IRS.

ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true lender” rule.