The “Economic Growth, Regulatory Relief, and Consumer Protection Act” was approved by the Senate Committee on Banking today in a legislative move that may improve the environment for much beleaguered banking industry – most profoundly smaller banks. S.2155 found bipartisan support as the bill was… Read More
Acting Comptroller of the Currency Keith Noreika delivered a speech this week that has the traditional banking industry up in arms. Noreika made the heretical statement that competition is good for the banking industry inciting the wrath of the Independent Community Bankers of America (ICBA),… Read More
Independent Community Bankers of America (ICBA) has released a comment refernencing a speech by FDIC Chairman Martin Gruenberg on the importance of small banks and the regulatory burden. The ICBA says excessive regulations is forcing the reduction of community banks – a truism that has… Read More
Last week the Independent Community Bankers of America (ICBA) filed a comment letter with the Office of the Comptroller of the Currency regarding a discussion paper on “responsible innovation” in the financial sector. The letter, signed by Karen Thomas, Senior Executive VP of Government Relations… Read More
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