ICBA leaders appeared on Fox News to continue raising awareness of the widely opposed IRS reporting proposal.
ICBA talks IRS on Fox News as House Dem coalition pushes back
October 28, 2021 / By ICBA
ICBA leaders appeared on Fox News to continue raising awareness of the widely opposed IRS reporting proposal.
ICBA leaders appeared on Fox News to continue raising awareness of the widely opposed IRS reporting proposal.
Interview: On America’s Newsroom with Bill Hemmer, ICBA Chairman Robert Fisher and ICBA President and CEO Rebeca Romero Rainey said proposed tweaks to the plan don’t address its privacy, due process, and data security concerns.
Growing Opposition: Meanwhile, a group of House Democrats called on congressional leaders to exclude the IRS plan from the reconciliation package—noting they have heard from hundreds of thousands of constituents in recent weeks. Their joint letter followed comments by Sen. Joe Manchin (D-W.Va.) that he opposes the proposal no matter the reporting threshold.
Grassroots: With Congress working to slip the updated IRS plan into the reconciliation package, ICBA is encouraging community bankers to continue calling their members of Congress in opposition and using customizable ICBA resources to urge consumers to call lawmakers.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
