ICBA: Statement on CFPB’s Final Rule to Implement Section 1071 Small-Business Reporting Requirements Issued
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s final rule opens in a new tabto implement Section 1071 small-business reporting requirements. “ICBA commends the administration for heeding community banker concerns with the CFPB’s 1071 rule and making needed improvements to help mitigate the…
OCC: Two Interim Final Actions Issued Clarifying Bank Powers under Federal Law and the Preemption of a Related State Law
The Office of the Comptroller of the Currency (OCC) today announced an interim final rule and interim final order related to activities of national banks and Federal savings associations. The interim final rule clarifies the longstanding powers under Federal law for national banks to charge certain fees, regardless of whether those fees are set by…
FEMA: DHS Secretary Mullin Unlocks More Than $585 Million in Disaster Recovery for Communities
DHS and FEMA continue to deliver federal funding to areas affected by disasters as the current lapse in DHS funding approaches 70 days Today, Department of Homeland Security Secretary Markwayne Mullin announced more than $585 million in additional disaster relief funding to support ongoing recovery efforts from a variety of natural disasters. FEMA has continued to provide funding as responsibly…
FEMA: More Than $657 Million Approved to Reimburse States, Medical Facilities for Backlog of Public Assistance
Today, Department of Homeland Security Secretary Markwayne Mullin announced more than $657 million in FEMA funding to reimburse states, local governments and health care facilities for their costs to respond to the COVID-19 pandemic. FEMA has continued to provide funding as responsibly as possible, forecasting that the agency would be funded. The lapse in appropriations has drastically depleted…
FEMA: Over $250 million in Federal Funding Announced to Help States and Local Communities Protect against Floods
Today, the Federal Emergency Management Agency (FEMA) announced more than $250 million in funding to help states prevent damage from future flood disasters. Under the leadership of Secretary of Homeland Security Markwayne Mullin, FEMA has been empowered to expeditiously work on pending mitigation grant awards. At his direction, FEMA is moving forward with plans to…
FEMA: President Donald J. Trump Approves Major Disaster Declaration for Oregon
FEMA announced that federal disaster assistance is available to the state of Oregon to supplement recovery efforts in the areas affected by severe storms, straight-line winds, flooding, landslides and mudslides from December 15-21, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a…
EDA: U.S. Department of Commerce Invests $8.3 Million to Support Economic Development Projects in Three States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it has invested $8.3 million to support economic development projects in three states. The awards are provided through EDA’s Public Works and Economic Adjustment Assistance programs, which leverage existing regional assets and support the implementation of economic development strategies to support distressed communities. The EDA investments announced today are: “The Economic Development Administration is committed…
ICBA: ICBA Opposes OCC Approval of Coinbase’s National Trust Bank Charter Application
The Independent Community Bankers of America (ICBA) today expressed opposition to the Office of the Comptroller of the Currency’s conditional approval opens in a new tabof Coinbase’s application for a national trust bank charter for its subsidiary, Coinbase National Trust Co. “Today’s conditional approval of Coinbase’s trust charter application is a grave mistake that will only serve…
EDA: U.S. Department of Commerce Hosts Economic Development Roundtable in Tallahassee, FL Highlighting Disaster Funding Opportunities
Today, Rob McLeod, Director of Intergovernmental Affairs for the U.S. Department of Commerce, and Ally Bain, Acting Chief of Staff for the U.S. Economic Development Administration (EDA), hosted a roundtable discussion with local officials and economic leaders in Tallahassee to discuss initiatives driving local economic development following natural disasters. This event highlighted EDA’s Disaster Supplemental…