Advocacy News

E-News 5-22-26 FEDERAL GOVERNMENT RELATIONS OCC issues final rules on escrow The Office of the Comptroller of the Currency issued two final rules on banks’ real estate lending powers related to the payment of interest on funds held in escrow accounts. The OCC: Codified longstanding powers of national banks and federal savings associations to establish or maintain real estate lending escrow accounts and to exercise flexibility in making business judgments as to the terms and conditions of such accounts, including whether and to what extent to offer any compensation paid to customers or to...
MORE

 
E-News 5-15-26 FEDERAL GOVERNMENT RELATIONS Senate Banking Committee advances Clarity Act The Senate Banking Committee voted 15-9 to advance a market structure bill for digital assets. The American Bankers Association, Independent Community Bankers of America, IBA and other groups continued to urge for further tightening of the prohibition on interest-like rewards for holding stablecoin.  Read more House releases text of amended housing bill ahead of vote House leadership has released the text of its amendment for a bipartisan housing bill ahead of a possible vote on the legislation...
MORE

 
E-News 5-8-26 STATE GOVERNMENT RELATIONS Indiana primaries reshape State Senate while congressional incumbents hold steady Indiana’s primary elections reshaped the state’s political landscape Tuesday night, with major State Senate upsets, razor-thin races headed for possible recounts and congressional incumbents largely holding their ground. Indiana’s State Republican Senate primaries saw major upheaval, with six incumbent senators defeated by Trump-endorsed challengers following the contentious redistricting vote. Sens. Dan Dernulc, Rick Niemeyer, Linda Rogers, Travis Holdman, Jim Buck and Greg...
MORE

 
E-News 5-1-26 FEDERAL GOVERNMENT RELATIONS CFPB publishes 1071 final rule with key community bank exemptions The Consumer Financial Protection Bureau published a final rule to implement Section 1071 small-business reporting requirements that includes strong community bank exemptions. Aligning with repeated calls from industry advocates for policymakers to exempt community banks from the data collection requirements, the final rule: Exempts institutions that originate fewer than 1,000 covered small-business loans per year. Defines small businesses as those having gross annual revenues of $1...
MORE

 

Pages