Advocacy News

E-News 8-2-24 FEDERAL GOVERNMENT RELATIONS Senators demand FDIC withdraw proposed board governance rule In a letter, a group of 11 Republican senators demanded that the Federal Deposit Insurance Corp. withdraw its proposed board governance rule, saying it would harm the safety and soundness of the U.S. financial system. Read the letter Agencies issue second request for comments under EGRPRA review Federal banking regulators formally issued their second request for comment under the latest Economic Growth and Regulatory Paperwork Reduction Act regulatory review. The latest request seeks...
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E-News 7-26-24 STATE GOVERNMENT RELATIONS Indiana Budget Future Cloudy with Slow Tax Growth, Medicaid Cost Jump Slow growth in tax collections over the past year and a big jump in Medicaid expenses took a bite out of Indiana's state government surplus. Read more from State Affairs Big Ten Football Championship Game Staying in Indianapolis Through 2028 The conference announced that the Big Ten Conference Football Championship Game will continue to be played at Lucas Oil Stadium in downtown Indianapolis through at least 2028. Read more from the IBJ Indiana's Unemployment Rate Hits Near 3-...
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E-News 7-19-24 FEDERAL GOVERNMENT RELATIONS Global tech outage hits airlines, banks, health care and public transit A major technology outage grounded flights, hampered public transit systems and disrupted operations at banks and hospitals around the globe Friday in an incident a cybersecurity firm blamed on a faulty system update. Read more from USA Today Federal agencies issue guidance on residential real estate reconsiderations of value Five agencies issued final guidance to highlight what they said are the risks associated with deficient residential real estate valuations, and to...
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E-News 7-12-24 STATE GOVERNMENT RELATIONS Report: Affordable Rental Housing Further Out of Reach for Hoosiers A new report from the National Low Income Housing Coalition and Prosperity Indiana stated that more than 850,000 working Hoosiers earn a median wage that’s less than what’s needed to rent a two-bedroom apartment. Read more from WFYI   FEDERAL GOVERNMENT RELATIONS FDIC Chair Nominee Pressed on Proposed Capital Requirements, Regulatory Tailoring FDIC chair nominee Christy Goldsmith Romero said she is “very open” to a reproposal of the Basel III endgame capital requirements,...
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