Pub. 5 2017 Issue 3

20 The Community Banker ICBAHOUSE PROPOSED TAX REFORM CAMDEN FINEAPPLAUDS PRESIDENT TRUMP FOR SIGNINGMEASURE THAT RESTRICTS CONSUMERARBITRATIONAGREEMENTS W ashington, D.C (Nov. 2, 2017)—Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine issued the following statement on today’s release of House legislation to reform the nation’s tax code. “ICBA remains strongly encouraged by the continued dedication of Congress and the Trump administration to passing pro-growth tax reform. We support lowering the marginal tax rates for business- es and individuals, and will comprehensively review the House tax plan released today and provide feedback to lawmakers. “Meanwhile, ICBA and the nation’s community bankers remain focused on the priorities laid out in the ICBA Principles for Tax Re- form white paper, such as strengthening the ‘pass-through’ model for Subchapter S institutions, preserving the business interest deduction, and promoting tax parity among all financial services providers, including tax-subsidized credit unions and Farm Credit System entities. These and other ICBA principles are essential to strengthening the community bank-small business partnership and thereby enhancing local economic growth and prosperity. Commu- nity banks provide half of all small business loans in the nation and are an outsized source of job creation and economic activity in the communities they serve. “ICBA looks forward to continuing to work with Congress and the Trump administration on tax reform. W ashington, D.C (Nov. 1, 2017)—Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine today applauded President Donald J. Trump for signing into law a measure that vacates the Consumer Financial Protection Bureau’s (CFPB) final rule restricting the use of consumer arbitration agreements. Fine attended the bill signing, standing behind the president as he signed the legislation into law. As the nation’s voice for community banks, ICBA was a vocal advocate throughout the debate. “The community bank business model is built on long-term customer and community relationships. Therefore, community banks’ livelihoods depend on their fair and equitable treatment of customers. “Arbitration is a well-established and tested process that offers better results for consumers and helps avoid frivolous class-action suits, which serve the interest of trial lawyers at the expense of community banks and consumers. “ICBA thanks the president for swiftly signing this measure into law because it preserves community banks’ contractual right to pursue fair and timely resolution through arbitration and avoid prohibitively expensive and protracted litigation.” in your association’s trade journal is a solid approach to business development. Business publications are rated the first choice for staying in touch with what’s going on in their sector by 61% of decision makers. 83% of managers would recommend to people starting a career in their sector to read the business publications. If I didn’t read them I wouldn’t know what’s going on. With the information we gather from the publications , we can determine if we are on the right track or if we need to change direction. 71% of decision makers believe that B2B magazines are essential reading. I would be lost without my business publications. dani@thenewslinkgroup.com | thenewslinkgroup.com | (v)801.676.9722 ADVERTISING in your association’s trade journal is a solid approach to business development. ICBA News