Industry
Category: Industry
Housing Bill Takes Effect (Community Banking Provisions)
Following a 10-day wait in which President Trump declined to sign or veto the bill, the 21st Century ROAD to Housing Act officially took effect on July 10. The final bill passed with...
Brett Murphy Honored with Leadership Award
The Independent Bankers Association of Texas (IBAT) honored Brett Murphy, Audit Partner, Partner-in-Charge of the Financial Institutions Industry and Austin Market President at Whitley Penn, LLP, with its 2026 Excellence in...
Proposed Rule to Implement GENIUS Act CIP Requirement
As noted in the release, the joint proposed rule represents a significant regulatory milestone by formally bringing Permitted Payment Stablecoin Issuers (PPSIs) within the Bank Secrecy Act (BSA) framework as recognized financial...
Housing Bill Advances Community Bank Wins
Congressional leaders reached a bicameral agreement on the 21st Century ROAD to Housing Act, clearing the way for Senate consideration of the package. As of Monday afternoon when this...
ICBA Campaign Takes Aim at Crypto
Last week, the Independent Community Bankers of America (ICBA) punched back at the crytpo industry’s relentless efforts to take hold of the financial services’ landscape. In a campaign of...
A Big Week in the Interchange Fight
Last week brought a notable defeat for the swipe fee fight in the states when Colorado Gov. Jared Polis vetoed Senate Bill 26-134, a measure that would have barred payment card...
WSJ: Big Banks Plan Deposit Tokenization Efforts
Last week, the Wall Street Journal (WSJ) reported that The Clearing House had launched plans to build a tokenized deposit network. The Clearing House is owned by JP Morgan...
Executive Order Targeting “Non-Work Authorized Individuals”
On Friday, FinCEN issued an Advisory addressing non-work authorized populations and their employers as related to BSA/AML and other supervisory concerns for banks. While the advisory raises a number of concerns,...
Executive Orders: Key Takeaways for Community Banks
On May 19, President Trump issued two executive orders, each bearing significant implications for the present and future of Texas community banking. The first, Restoring Integrity to America’s Financial System,...