Advocacy News

E-News 4-8-22 FEDERAL GOVERNMENT RELATIONS OCC Publishes Interest Rate Risk Statistics Report The Office of the Comptroller of the Currency on Monday published its semiannual report on interest rate risk data gathered during examinations of OCC-supervised midsize and community banks and federal savings associations. The statistics are for informational purposes only, and do not represent OCC-suggested limits or exposures, the agency noted. The report provides statistics on projected changes in 12-month net interest income in parallel interest rate shock scenarios ranging from -100 basis points to...
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E-News 4-1-22 STATE GOVERNMENT RELATIONS Holcomb Visits Refugees as State Cuts Russian Ties The Indiana state government is selling off nearly $150 million of Russian-related investments as the governor says he's looking at ways the state can help Ukrainian refugees fleeing from the Russian invasion of their country. The divestment announcement came as Gov. Holcomb visited a refugee camp for hundreds of Ukrainians in Slovakia as part of a weeklong trade mission trip to NATO-member Slovakia and Israel.          FEDERAL GOVERNMENT RELATIONS Banks Signs on...
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E-News 3-25-22 FEDERAL GOVERNMENT RELATIONS SEC Proposes First-Ever Climate Risk Disclosures for Public Companies The Securities and Exchange Commission Monday proposed a much-anticipated set of requirements for public companies to disclose information about climate risks affecting them, their greenhouse gas footprints and any emissions-reduction plans they may have adopted. The proposed rule – for which comments are due by May 20 or 30 days after publication in the Federal Register, whichever is longer – has varying compliance dates, with deadlines for large accelerated filers coming as soon as 2024...
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E-News 3-18-22 STATE GOVERNMENT RELATIONS Gov. Holcomb Vetoes Agency Oversight Bill Gov. Eric Holcomb vetoed HB 1211 on Wednesday, citing concerns about its effect on broadband projects and state agency emergency rules. In his veto letter, Holcomb wrote that the “entirely new and unvetted” broadband language in HB 1211 could jeopardize $154 million of projects across 28 counties.   FEDERAL GOVERNMENT RELATIONS FOMC: Federal Reserve Announces First Interest Rate Hike Since 2018 According to the latest Federal Open Market Committee statement, the Federal Reserve will raise the...
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