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‘Repair, Reform, and Thrive’

A Community Bank Plan for the

New Congress and Administration

The Independent Community Bankers of Reform, and Thrive” plan offers a regulatory and

legislative agenda to fix broken regulations harming
America (ICBA) unveiled its new “Repair, Reform,
communities, unleash the power of locally based
and Thrive” plan for the new 119th Congress and banking, and fuel the future of community banking.
incoming Trump administration to address the
nation’s broken banking regulations and kickstart ICBA’s plan covers issues such as addressing
economic growth in local communities. unnecessary and excessively burdensome regulations
from the Consumer Financial Protection Bureau and
With the new Congress and administration offering a
other agencies; leveling the tax and regulatory
historic opportunity to make significant
playing field with credit unions, industrial loan
improvements to financial services policy, “Repair, companies, and the Farm Credit System;
Reform, and Thrive: A Plan for Powering Local
implementing tax policies that will support market
Economies” outlines the comprehensive reforms that
growth and competition; eliminating obstacles to
address key policy challenges facing community new bank formation; and more.
banks and the communities they serve. ICBA laid out
the key legislative elements of the plan in an open ACB will be working with ICBA at every opportunity to
letter to the 119th Congress. help implement this aggressive plan for community
banks and the communities they serve in Arkansas
“ICBA and the nation’s community bankers recognize
and across the country.
the magnitude of the opportunity we face in 2025 to
make needed changes to excessively burdensome
banking regulations that will amplify the positive
economic impact of community banks across
America,” ICBA President and CEO Rebeca Romero
Rainey said. “Our ‘Repair, Reform, and Thrive’ plan
will ensure economic growth and prosperity reaches
everyone, including the local communities,
consumers, and small businesses that community
banks serve in good times and bad. We look forward
to working closely with the new Trump
administration and 119th Congress to implement
these critical reforms.”

With banking regulators issuing more than 5,000
pages of new regulations in recent years, the “Repair,

Arkansas Community Ban ker | 5 | Winter 2025