Failure To Exempt Community Banks In Final 1071 Reporting Rule Raises Significant Privacy Concerns

Banks Banking Stocks Community Banks

Washington, D.C. (Mar. 30, 2023) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s final rule implementing data collection and reporting requirements for small-business loans. Community Banks Are Frustrated With The CFPB “ICBA and the nation’s community banks are deeply frustrated […]

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