MIB members joined with hundreds of community bankers and guests from across the country from April 29-May 1, 2024, to deliver our important legislative and regulatory priorities to policymakers in Washington, D.C. Again this year, MIB’s Call on Washington was held in conjunction with the Independent Community Bankers of America’s (ICBA’s) Capital Summit.
During the Call and Summit, community bankers heard an inspiring presentation from Dave Fishwick, whose story of being the first community bank to be chartered in England in nearly 150 years was the subject of the highly successful Netflix movie “Bank of Dave.”
Capital attendees received briefings from the ICBA legislative and regulatory policy staff in breakout sessions covering Supervisory Issues, Regulatory Issues and Capitol Hill Priorities. A late afternoon session included a fireside chat with ICBA President Rebeca Romero Rainey, FDIC Chairman Martin Gruenberg and CFPB Director Rohit Chopra. The following morning, attendees heard from Congressman French Hill (R-AR), vice chairman of the House Financial Services Committee.
Topping this year’s priorities which MIB members discussed during their Hill visits were:
- Supporting rural America and the ACRE Act.
- Stopping regulatory overreach.
- Closing the Industrial Loan Company Loophole.
- Restricting the sale of mortgage “Trigger Leads.”
- Opposing credit card routing mandates.
- Opposing the Federal Reserve’s issuing CBDC directly to consumers.
- Reigning in credit unions and Farm Credit System lenders.
- Supporting a safe harbor for legal cannabis banking.
Save the date now for MIB’s 2025 Call on Washington and ICBA’s Capital Summit, to be held May 12-15, 2025.
