03/12/25
Today, the Trump Administration announced they plan to tap Fed Governor Michelle Bowman for the Vice Chairman of Supervision role for the Fed. Read More Here.
03/05/25
In a significant roll back of several harmful pending rules the FDIC took a dramatic turn from the last administration. Read More Here.
03/05/25
OBL priority legislation which would make all income for farm real estate loans tax-free was introduced yesterday.
02/26/25
OBL is thrilled to announce that on the eve of the OBL DC Fly-In, where 125 bankers gathered in the nation's capital, OBL unveiled an ambitious new policy proposal. This plan aims to streamline financial regulation, eliminate inefficiencies, and ensure a level playing field between banks and credit unions.
Our proposal to the Department of Government Efficiency outlines a common-sense plan to eliminate the credit union charter and transition all credit unions into mutual banks, thus eliminating the costly and redundant National Credit Union Administration (NCUA), and merging deposit insurance funds for greater efficiency. This proposal would generate billions in new federal and state tax revenue-all while maintaining the community-driven financial services that Americans rely upon.
02/19/25
There are a whopping 27 freshmen Representatives in the 136th GA. All but two (2) are new to the Statehouse, with one of those exceptions being former Senate President and incoming Speaker of the House Matt Huffman. In this class, there are 11 Democrats and 16 Republicans. In this series, we’ll be giving you a brief bio of the new legislators of the General Assembly. Read More Here.
02/19/25
Last week, the OBL joined bankers associations throughout the country to oppose the Hawley Sanders interest rate cap bill.
02/12/25
Recently introduced legislation would completely repeal the small business data collection and reporting rule. Click here to send a letter encouraging your member of Congress to sign onto it.
02/12/25
In a surprising announcement, earlier this week Governor Mike DeWine nominated former National Champion Ohio State University football coach Jim Tressel to serve as Ohio's next lieutenant governor. Read More Here.
02/12/25
President Donald Trump has nominated Jonathan Gould to serve as Comptroller of the Currency and Jonathan McKernan as Director of the Consumer Financial Protection Bureau (CFPB). Read More Here.
02/05/25
Governor Mike DeWine unveiled his proposal on Monday for the next operating budget for the next two fiscal years beginning in July. This is his fourth and last budget cycle as Governor, and the bill that will move through the legislature is the largest piece of legislation they will work on and pass in the 136th General Assembly.
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