ICBA Urges Court and CFPB to Grant Relief From 1071 Small-Business Rule
August 05, 2023
August 05, 2023
WASHINGTON, Aug. 5 -- The Independent Community Bankers of America issued the following news release on Aug. 4, 2023:
The Independent Community Bankers of America (ICBA), the Independent Bankers Association of Texas (IBAT), and Texas First Bank today filed a motion and complaint calling on a federal court to declare that the Consumer Financial Protection Bureau's Section 1071 final rule is invalid and unenforceable and seeking preliminary and permanent injunctive relief.
The Independent Community Bankers of America (ICBA), the Independent Bankers Association of Texas (IBAT), and Texas First Bank today filed a motion and complaint calling on a federal court to declare that the Consumer Financial Protection Bureau's Section 1071 final rule is invalid and unenforceable and seeking preliminary and permanent injunctive relief.