Advocacy News

E-News 9-25-26 FEDERAL GOVERNMENT RELATIONS Fed proposes rules for GENIUS Act implementation The Federal Reserve proposed new rules to require payment stablecoin issuers under its supervision to back their stablecoins with certain reserve assets, and to establish an application process for state member banks seeking to create subsidiaries that issue the digital asset.  Read more Senate bill would create process for raising bank regulatory thresholds A proposed Senate bill would raise the asset-based regulatory thresholds for banks and establish a process to update them periodically...
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E-News 9-18-26 STATE GOVERNMENT RELATIONS State approves flood relief funds The Indiana Department of Homeland Security has approved $1.7 million in State Disaster Relief Fund assistance for approximately 260 households impacted by August storms, with more than $1 million already distributed through direct deposits and paper checks. Officials have reviewed more than 40,000 applications, with about 15,000 still pending additional documentation. Due to the scale of the disaster and limited funding, the state has capped payments at $5,000 per household while continuing to transfer additional funds into...
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E-News 9-11-26 STATE GOVERNMENT RELATIONS Sen. Spencer Deery to remain on Nov. ballot The Indiana Supreme Court ruled this week that Sen. Spencer Deery will remain on the November ballot. Sen. Deery fought a close primary battle in May, winning the election by just three votes. His opponent, Paula Copenhaver, later challenged the validity of several ballots. The Indiana Election Commission ruled with Copenhaver and dismissed six ballots, all for Deery, based on administrative errors. The Indiana Supreme Court heard arguments this week regarding whether to reinstate the six ballots and ruled shortly...
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E-News 9-4-26 FEDERAL GOVERNMENT RELATIONS FDIC pushes back comment deadline for disclosure rule The Federal Deposit Insurance Corp. will extend the public comment deadline for its proposed bank information disclosure rule to align it with a deadline for a similar rule proposed by the Office of the Comptroller of the Currency. The American Bankers Association asked for the extension.  Read more Fed OIG report outlines Trump administration efforts to scale back CFPB The Consumer Financial Protection Bureau was temporarily unable to perform some of its statutory duties because of Trump...
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