Advocacy News

ICBA Analysis Recaps Historic Election The Independent Community Bankers of America released a special memo on the 2016 election outlining the key results for community banks. With ICBA and the nation’s community banks well positioned following the election to protect and advance the industry’s policy objectives, ICBA’s memo outlines the key results and implications. In defiance of nearly every public pollster and election model, Donald Trump won a decisive victory, bringing closure to a historic campaign. Republicans held the Senate and House, ushering in Republican control of the executive and legislative branches of...
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ABA Analyzes What GOP Congress, Trump Victories Mean for Bankers The American Bankers Association’s government relations team has prepared an analysis of how Donald Trump’s presidential win and the continuing Republican majorities in Congress will affect the banking industry. The analysis reviews the likely impact on such key issues as Dodd-Frank Act regulatory fixes, the Consumer Financial Protection Bureau, overall regulatory burden and GSE reform. “Comprehensive regulatory relief…failed to gain passage despite Republican majorities in the past Congress, but will likely be revived early in the legislative session,” the analysis indicated. “The looming...
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Indiana Election Report With the 2016 elections now behind us, your Indiana Bankers Association Government Relations Team would like to provide you with an Indiana Election Day report. Indiana was one of the first states to declare Donald Trump the winner, as he carried the state by a generally anticipated wide margin. Nationally, Republicans not only secured the White House with the election of Donald Trump to the presidency, but they also secured both the majority in the U.S. Senate and House for at least the next two years.  Indiana, like many other states, concluded Election Day with significant Republican...
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White Represents Industry at FASB Meeting Lucas White, vice president and director of The Fountain Trust Company, Covington, was one of six bankers nationwide ‒ three from the Independent Community Bankers of America, and three from the American Bankers Association ‒ to meet with the Financial Accounting Standards Board on Wednesday regarding the current expected credit loss (CECL) proposal. The meeting has been summarized in an ICBA news release and in an ABA Banking Journal article. Posted 2-5-16
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