With Historic Opportunity, ICBA Pushing for Meaningful Policy Change

With a new Congress and administration arriving in Washington, ICBA and the nation's community banks face a momentous opportunity to make significant changes to a regulatory system that is flat-out broken.

ICBA's Comprehensive Plan

To address the excessive burdens posed by thousands of pages of new regulations enacted in recent years, ICBA has released a bold policy agenda for the 119th Congress and incoming Trump administration.

"Repair, Reform, and Thrive: ICBA's Plan for Powering Local Economies" outlines the comprehensive reforms that address key policy challenges facing community banks and the local communities they serve. We've also laid out the key legislative elements of the plan in an open letter to the new Congress.

Offering an Alternative to a Broken System

ICBA's "Repair, Reform, and Thrive" plan offers a common-sense agenda to fix broken regulations harming communities, unleash the power of locally based banking, and fuel the future of our industry.

From addressing unnecessary Consumer Financial Protection Bureau rulemakings to ensuring growth-oriented tax reforms to adopting a level tax and regulatory playing field across the financial services sector, this plan is intended not to take a scalpel to our deeply flawed system of regulations-but to offer an entirely different policy approach. It takes on excessive regulation while offering policy proposals that would strengthen the ability of community banks to support local communities for generations to come.

A Call to Act

ICBA and community bankers are proud of our strong track record of advocacy in Washington. Now is the time to seize the moment and champion bold reforms that will power local communities.

While ICBA will lead the push in Washington, achieving meaningful policy reform is always a herculean task that will require strength in numbers. Community bankers across the nation can join us in this all-hands-on-deck effort, including by attending this year's ICBA Capital Summit in May.

We look forward to working closely with the new Trump administration and 119th Congress. Given the passion and commitment of the community banking industry, there's nothing we can't accomplish.