ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.
ICBA applauds priorities of FDIC’s Hill
January 23, 2025 / By ICBA
ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.
ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.
Hill Appointment: In a statement following his appointment, Hill said the agency will soon conduct a “wholesale review of regulations, guidance, and manuals” to ensure they promote a vibrant economy.
ICBA Letter: ICBA told Hill it looks forward to working with him on his near-term goals:
Promoting tiered regulation.
Withdrawing problematic proposals.
Supporting de novo bank formation.
Simplifying Community Reinvestment Act regulations.
Streamlining review of community bank mergers.
Supporting technology adoption.
ICBA Advocacy: Hill’s policy priorities align with ICBA’s “Repair, Reform, and Thrive” plan offering a regulatory and legislative agenda to fix broken regulations harming communities, unleash the power of locally based banking, and fuel the future of community banking.
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