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Romero Rainey: ICBA campaigns targeting credit union policies

Sep 15, 2023 | NewsWatch Today
With credit union executives in Washington this week for advocacy meetings, ICBA launched several campaigns to raise questions about credit union policies among lawmakers, ICBA President and CEO Rebeca Romero Rainey announced.

Senator renews push to advance ICBA-opposed credit card routing bill

Sep 15, 2023 | NewsWatch Today
ICBA is calling on community bankers to voice strong opposition to renewed efforts by Sen. Roger Marshall (R-Kan.) to force Senate consideration of legislation to advance credit card routing restrictions.

ICBA urges CBDC opposition at House hearing

Sep 15, 2023 | NewsWatch Today
ICBA reiterated to Congress its opposition to the creation of a U.S. central bank digital currency.

ICBA meets with OCC on re-presentment concerns

Sep 14, 2023 | NewsWatch Today
ICBA leadership community bankers and staff this week met with OCC officials on the agency’s supervisory approach to how banks treat single items that are repeatedly rejected for insufficient funds.

ICBA grassroots campaigns continue with Congress back in Washington

Sep 13, 2023 | NewsWatch Today
With Congress back in Washington following the August recess, ICBA continues its grassroots campaigns on key advocacy issues.

SEC’s Gensler to Congress: Securities laws apply to crypto industry

Sep 13, 2023 | NewsWatch Today
Securities and Exchange Commission Chair Gary Gensler told Congress that most crypto tokens and intermediaries are subject to U.S. securities laws despite the industry’s “wide-ranging noncompliance.”

FS-ISAC spotlights MinIO threat targeting corporate networks

Sep 13, 2023 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary covers an unknown threat actor exploiting vulnerabilities in the MinIO Object Storage system to remotely execute arbitrary code on vulnerable servers.

Judge vacates ICBA-opposed CFPB exam manual update

Sep 13, 2023 | NewsWatch Today
A federal judge vacated last year’s ICBA-opposed Consumer Financial Protection Bureau actions expanding the bureau’s authority to examine banks for discrimination.

FHFA plans stakeholder forums on new credit score models

Sep 13, 2023 | NewsWatch Today
The Federal Housing Finance Agency said it will hold stakeholder forums and listening sessions in the coming weeks on its plans to transition Fannie Mae and Freddie Mac to new credit score models.

Rakuten credit union application confirmed following ICBA outreach

Sep 11, 2023 | NewsWatch Today
The National Credit Union Administration reportedly confirmed that Rakuten Inc. has applied for a federal credit union charter after ICBA asked the agency for confirmation.

Barr: Fed program on novel activities will continue to grow

Sep 11, 2023 | NewsWatch Today
The Federal Reserve’s new program to supervise novel, technology-driven activities in the banks it oversees will continue to grow as new technologies emerge, Fed Vice Chair for Supervision Michael Barr said.

ICBA community bankers discuss navigating challenges in new video

Sep 11, 2023 | NewsWatch Today
ICBA leadership community bankers discussed the vital role of community banks in a video discussion with the Travillian executive search and talent advisory firm.