NewsWatch Today

As policymakers continued to ramp up their work on federal policy, ICBA this week:

BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.

With the Senate set to vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their senators to vote in favor of the measure.

ICBA applauded the Trump administration for working to combat the threat of check fraud by addressing the Treasury Department’s use of paper checks.

The Federal Housing Administration published revisions to residency requirements that will eliminate the “Non-permanent Residents” category in both the Single Family Title I and Title II programs.

The Treasury Department announced the formal publication of the Financial Crimes Enforcement Network interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act.

The Consumer Financial Protection Bureau withdrew a court filing in which it previously argued that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E.

With the Senate expected 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 urge their senators to vote in favor of the measure.

ICBA thanked the House Financial Services Committee for scheduling a hearing on the Consumer Financial Protection Bureau that will feature ICBA-advocated legislation.

BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.

In preparation for Community Banking Month in April, ICBA offers a variety of ready-to-use resources on its Marketing Resource Center.

ICBA and other groups warned Congress that any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market would harm consumers, small businesses, and financial institutions.