diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 041aaa3f1..12a212cd5 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.5.6
+current_version = 1.5.7
 parse = (?P<major>[\d]+) # major version number
 	\.(?P<minor>[\d]+) # minor version number
 	\.(?P<patch>[\d]+) # patch version number
diff --git a/.changes/1.5.7.md b/.changes/1.5.7.md
new file mode 100644
index 000000000..62d3bb188
--- /dev/null
+++ b/.changes/1.5.7.md
@@ -0,0 +1,5 @@
+## dbt-redshift 1.5.7 - July 06, 2023
+
+### Fixes
+
+- Fix regression in redshift-connector==2.0.912 ([#518](https://github.com/dbt-labs/dbt-redshift/issues/518))
diff --git a/.changes/unreleased/Fixes-20230706-001056.yaml b/.changes/unreleased/Fixes-20230706-001056.yaml
deleted file mode 100644
index 79b205caf..000000000
--- a/.changes/unreleased/Fixes-20230706-001056.yaml
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Fixes
-body: Fix regression in redshift-connector==2.0.912
-time: 2023-07-06T00:10:56.337407-04:00
-custom:
-  Author: mikealfare
-  Issue: "518"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 78ece1e4a..9ccd678a7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,14 +5,20 @@
 - "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
 - Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-redshift/blob/main/CONTRIBUTING.md#adding-changelog-entry)
 
+## dbt-redshift 1.5.7 - July 06, 2023
+
+### Fixes
+
+- Fix regression in redshift-connector==2.0.912 ([#518](https://github.com/dbt-labs/dbt-redshift/issues/518))
+
+
+
 ## dbt-redshift 1.5.6 - June 22, 2023
 
 ### Breaking Changes
 
 - Drop support for python 3.7 ([#dbt-core/7082](https://github.com/dbt-labs/dbt-redshift/issues/dbt-core/7082))
 
-
-
 ## dbt-redshift 1.5.5 - June 15, 2023
 
 ### Breaking Changes
diff --git a/dbt/adapters/redshift/__version__.py b/dbt/adapters/redshift/__version__.py
index f8ec07704..7d7c707ff 100644
--- a/dbt/adapters/redshift/__version__.py
+++ b/dbt/adapters/redshift/__version__.py
@@ -1 +1 @@
-version = "1.5.6"
+version = "1.5.7"