Community Banks
Tag: Community Banks
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,...
ROAD to Housing Act Returns to Senate
Texas community banks have been waiting for this one. When the Senate passed the 21st Century ROAD to Housing Act in March, it stripped out the House-approved community bank...
IBAT Pushes Back on Stablecoin Effort to Bypass Banks
Last week, the cryptocurrency industry clarified its desire and intent to circumvent the American banking system. In a letter of support for the creation of so-called “skinny accounts” at the Federal...
Senate Bill Aims to Close Industrial Loan Company Loophole
Following last week’s announcement that the Federal Deposit Insurance Corporation (FDIC) approved Ford Motor Company and General Motors Company to establish industrial loan companies, a bipartisan bill was introduced in the U.S. Senate...
Compliance Costs Push Smallest Banks Toward Extinction
In an opinion piece published earlier this month, Chief Economist for the Conference of State Bank Supervisors (CSBS) Thomas Siems called upon Congress to address the “regulatory structure that continues to...
House FS Committee Push for Regulatory Right-Sizing
Last week, the House Financial Services Committee advanced several bills to address community bank regulatory burden, including: During the markup, Ranking Member Maxine Waters (D-CA) offered an ICBA-opposed amendment to H.R....
FDIC Approves Carmakers’ Bids to Establish Banks
Last week, the Federal Deposit Insurance Corporation (FDIC) approved deposit insurance applications from Ford Motor Company and General Motors Company, paving the way for the automakers to establish their own industrial...
IBAT Flags Technical Flaw in the Clarity Act
IBAT sent a letter to Senate Banking Committee Chairman Tim Scott (R-SC) and Senators John Cornyn (R-TX) and Ted Cruz (R-TX) outlining a key flaw in Section 401 of...
Clarity Act Markup Stalls After Crypto Industry Blowup
Senate Banking’s long-anticipated markup of the Digital Asset Market Clarity Act of 2025 (H.R. 3633) was shelved at the last minute after the largest U.S. crypto exchange publicly walked...