NewsWatch Today

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.

As credit union mergers and acquisitions have increased, so have terminations of announced transactions, according to a recent report.

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.

This week: FOMC announces rate decision on Wednesday

With major tax legislation high on the congressional agenda, ICBA is making a final call for interested Subchapter S bankers to join the new Subchapter S Tax Working Group. ICBA members who do not currently serve in ICBA leadership are encouraged to apply.

President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.”

As President Donald Trump considers nominees to lead the federal banking agencies under his new administration, policymakers have a unique opportunity to secure representation for community banks, ICBA President and CEO Rebeca Romero Rainey wrote in a recent op-ed.

ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.

ICBA said the latest announced acquisition of a community bank by a tax-exempt credit union—featuring a controversial credit union and the first such deal in California—demands a policy response.

Citibank’s request to dismiss a lawsuit was rejected by a federal judge who said Regulation E consumer protections extend to wire transactions.