News
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...
Arkansas, Florida Get in on the Gold Rush
As IBAT continues the fight against “transactional gold” in Texas, lawmakers in Arkansas and Florida have taken final steps in recent weeks to ensure that gold and silver are...
Stablecoin Legislation Hits Speed Bump
Over the weekend, a group of nine pro-crypto Senate Democrats announced their opposition to the current version of stablecoin legislation, marking a significant shift that could stall its progress....
IBAT Partners with HC3
HC3 offers Texas community bankers a streamlined approach to make an impact on customers using statement composition, mailers and electronic delivery. HC3, a statement partner for banks and credit unions, announced...
Legislative Update: Gold Currency
Last week, the State Affairs Committee of the Texas House of Representatives advanced H.B. 1056 by a 10-5 vote, which proposes creating a gold and silver-backed transactional currency in Texas. While...