ICBA: ICBA Expresses Concerns with OCC National Trust Bank Chartering Final Rule
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Office of the Comptroller of the Currency’s final rule opens in a new tab on national trust bank chartering. “ICBA and the nation’s community banks continue to have significant concerns with the OCC’s chartering rule for national trust banks,…
HUD: Secretary Turner Moves to Restore Self-Sufficiency and Dignity to Those Living in Public Housing
Launches Work and Dignity Coalition in Champaign, Illinois Secretary Scott Turner today announced a new proposed rule to provide all public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners flexibility to implement work requirements and time limits for non-elderly, non-disabled work-capable adults in HUD-funded housing. “Housing assistance was never meant to trap work-able individuals…
HUD: Streamlined and Simplified Guidance Issued for Nonpayment of Rent in HUD-Subsidized Housing
Secretary Scott Turner announced streamlined and simplified guidance for nonpayment of rent in HUD-subsidized housing. This action eliminates a COVID-era standard, undoing burdensome and costly rules promulgated by the Biden administration that required public housing agencies (PHAs) and property owners receiving HUD funding to provide 30-day written notification for nonpayment of rent prior to eviction….
OCC: Comments Requested on Proposal to Implement GENIUS Act
The Office of the Comptroller of the Currency (OCC) today issued a proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking generally sets forth, and seeks comment on, the regulations that would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers under…
Federal Reserve: Statement Issued on Reputation Risk Proposal by Vice Chair for Supervision Michelle W. Bowman
Following earlier actions to remove reputation risk from its supervision of banks, the Federal Reserve Board on Monday requested comment on a proposal to codify that removal. The proposal reiterates the Board’s policy against penalizing or prohibiting an institution from banking a customer engaged in legal activity. “We have heard troubling cases of debanking—where supervisors…
HUD: New Proposed Rule Issued to Require Proof of U.S Citizenship or Eligible Status for Every Resident in HUD-Funded Housing
Housing and Urban Development (HUD) Secretary Scott Turner announced a new proposed rule to require proof of U.S. citizenship or eligible status for every resident in HUD-funded housing, including “mixed status households.” With this proposed rule, HUD will ensure that taxpayer-funded housing benefits only go to American citizens and eligible individuals for the first time in history….
OCC: Comments Requested on Proposed Rulemaking on the Bank Appeals Process
The Office of the Comptroller of the Currency (OCC) today requested comment on a proposal to establish revised procedures and policies for appeals by OCC-supervised entities of material supervisory determinations. The proposed changes reflect the OCC’s experience administering the bank appeals process and are intended to enhance the independence and efficiency of the appeals function. The proposal…
ICBA: ICBA Applauds House Passage of Housing for the 21st Century Act
The Independent Community Bankers of America (ICBA) applauded the House of Representatives for today’s bipartisan passage of the Housing for the 21st Century Act (H.R. 6644), which includes ICBA-advocated community bank regulatory reforms and promotes housing affordability. “ICBA and the nation’s community banks strongly support the Housing for the 21st Century Act for its numerous…
ABA: ABA Applauds House Passage of Housing for the 21st Century Act
“ABA applauds the House for passing the Housing for the 21st Century Act, which includes measures that enhance housing opportunities across the country as well as several key provisions to help level the regulatory playing field for community banks. These measures provide regulatory and examination relief for smaller banks, incentivize the formation of new banks…
FDIC: Comment Period Extended on Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins
February 6, 2026 The Federal Deposit Insurance Corporation (FDIC) today announced a 90-day extension to the comment period on the agency’s notice of proposed rulemaking (NPR) that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) for FDIC-supervised state nonmember banks and state savings associations seeking…