News
Senate Setback on Efforts to Defund CFPB
In a ruling late last week, the Parliamentarian for the United States Senate ruled that key provisions of the “One Big, Beautiful Bill” violated the Senate’s “Byrd Rule,” which...
Community, Commitment and a Century of Trust
Citizens State Bank rang in its 100th anniversary with a full day of festivities and community pride on Friday, June 6, at its Somerville headquarters. With deep roots in...
Bowman Promises Tailored Approach to Supervision
Last week, the United States Senate finally confirmed Governor Michelle “Miki” Bowman to serve as the Federal Reserve Vice Chairman for Supervision. Governor Bowman’s confirmation represents a historic milestone,...
Blankenship Receives Distinguished Service Award
The SW Graduate School of Banking at SMU Cox (SWGSB) proudly honored H. Gary Blankenship, Chairman, CEO and Chief Lending Officer of Bank of the West, with its prestigious...
CFPB: 1033 “Open Banking” Banking Rule Violates the Law
In a wild twist of fate, last week the Consumer Financial Protection Bureau (CFPB) filed a motion arguing that its own rule implementing Section 1033 of the Dodd-Frank Act...
Texas Legislative Session Wraps Up in Austin
Yesterday marked the end of the 89th Regular Session of the Texas Legislature – and not a moment too soon. The past 140 days have been filled with their...
IBAT Connects with El Paso Bankers on Key Legislative Issues
Last week, IBAT President & CEO Christopher Williston and IBAT Director of Membership Curt Nelson met with El Paso-area bankers to provide an update on community banking issues currently...
Senate Moves Forward Slimmed Down Gold Bill
Just before the holiday weekend, a bill ( H.B. 1056 ) authorizing Texas to create a currency backed by gold or silver found new life (sort of). Senator Bryan Hughes (R-TX)...
Harmful Amendments to Stablecoin Bill
As the U.S. Senate prepares to advance stablecoin legislation in the coming weeks, Senators are eyeing the bipartisan GENIUS Act ( S.1582 ) as a rare opportunity to move their own...