Advocacy News

IBA E-News 8-6-21 STATE GOVERNMENT RELATIONS Register Today for 2021 IBA Regional Meetings Register today and join us for a series of regional meetings around the state. The IBA has implemented these meetings in an effort to facilitate grassroots communication between the bankers we serve and the legislators who serve our state. The meetings include an hour-long update on the IBA, including legislative information and advocacy opportunities. Following the update, local legislators from the Indiana General Assembly will meet for lunch with bankers from the community. This year, the IBA will be...
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IBA E-News 7-30-21 FEDERAL GOVERNMENT RELATIONS SBA Issues Guidance on Direct PPP Loan Forgiveness The Small Business Administration on Wednesday released guidance on how it will accept Paycheck Protection Program loan forgiveness applications directly from borrowers – bypassing the lending institutions – for loans of $150,000 or below. The direct borrower forgiveness process is an “optional technology solution that SBA is providing to PPP lenders that will leverage SBA’s existing and proven platform,” SBA reported. PPP lenders that opt-in to the direct borrower forgiveness program will be provided...
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IBA E-News 7-23-21 FEDERAL GOVERNMENT RELATIONS IBA Brings First Advocacy Group to Washington This week over 50 IBA members joined together for the IBA Annual Washington Trip, becoming the first state banking association group to venture out to our nation’s capital for grassroots advocacy since the COVID-19 pandemic began. The trip began with briefings from the American Bankers Association and Independent Community Bankers of America to prepare members to better engage with regulators and legislators during the remainder of the trip. Attendees then received updates and conversed with representatives from...
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IBA E-News 7-16-21 FEDERAL GOVERNMENT RELATIONS Biden Order Calls for Movement on Data Access Rule, Review of M&A Rules President Biden last Friday issued a wide-ranging executive order on competition issues across the U.S. economy. Among provisions related to the financial services industry, the order calls on the Consumer Financial Protection Bureau to complete its implementation of Section 1033 of the Dodd-Frank Act and to enforce the prohibition on unfair, deceptive or abusive acts and practices consistently with Section 1031 of Dodd-Frank.   The order also calls for the Department of Justice...
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