With Washington focused on reforming the Consumer Financial Protection Bureau, ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the bureau's overdraft rule.
With CFPB in spotlight, ICBA urging grassroots outreach on overdraft rule
February 28, 2025 / By ICBA
With Washington focused on reforming the Consumer Financial Protection Bureau, ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the bureau's overdraft rule.
With Washington focused on reforming the Consumer Financial Protection Bureau, ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the bureau's overdraft rule.
Background: Senate Banking Committee Chairman Tim Scott (R-S.C.) and House Financial Services Committee Chairman French Hill (R-Ark.) recently introduced ICBA-supported Congressional Review Act resolutions to overturn the overdraft rule. S.J.Res. 18 and H.J.Res. 59 would invalidate the rule, which is set to cap overdraft fees at institutions with more than $10 billion in assets.
Advocacy: Community bankers can use ICBA’s Be Heard Grassroots Action Center to urge their members of Congress to support the resolutions.
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
