Advocacy News

E-News 6-5-26 FEDERAL GOVERNMENT RELATIONS Court rules federal law preempts Illinois interchange law A federal court ruled that an Illinois law restricting the collection of interchange fees is preempted by federal law for national banks, federal savings associations, out-of-state state-chartered banks protected by federal law and payment card networks, reversing its prior conclusion. Read more FDIC, OCC release Q3, Q4 CRA exam schedules The Federal Deposit Insurance Corp. has released the schedules for Community Reinvestment Act examinations to be conducted in the third and fourth...
MORE

 
E-News 5-29-26 FEDERAL GOVERNMENT RELATIONS OCC: Court should reverse Illinois interchange fee decision The Office of the Comptroller of the Currency is urging a federal court to reverse its decision upholding Illinois restrictions on interchange fees in light of recent agency actions finding that federal law preempts the state law in question.  Read more Trump administration proposes nondisclosure agreement for all government employees The Trump administration is proposing the creation of a government-wide nondisclosure agreement for new and existing federal employees that agencies...
MORE

 
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

 

Pages