WASHINGTON—President Donald Trump on Friday publicly endorsed Sen. Darline Graham (R-SC) should she decide to seek a full Senate term, saying he urged the recently appointed senator during a White House meeting to enter next month's special Republican primary to succeed her late brother, Sen. Lindsey Graham, the Associated Press reported.
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WASHINGTON—House Republicans on Friday released a continuing resolution that would fund most federal agencies at fiscal 2026 levels through Dec. 4, setting up a vote expected next week as Congress seeks to avert a government shutdown before the new fiscal year begins Oct. 1.
WASHINGTON — The Defense Credit Union Council Friday filed a comment letter with NCUA in response to the agency’s proposed rule implementing portions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act, commonly known as the GENIUS Act.
DURHAM, N.C.--Consumers are increasingly asking AI assistants the money questions they used to type into Google: "where can I get a car loan near me," "best credit union for a first time homebuyer," "where should I open a savings account."
SAN RAMON, Calif.—Lumin Digital said it has raised more than $115 million in new capital to accelerate product development and expand its cloud-based digital banking platform, including more than $70 million from client investors and an additional $45 million in growth equity led by Light Street Capital. The latest financing values the company at approximately $1.6 billion.
WASHINGTON—Federal banking regulators have unveiled new procedures for handling highly sensitive information during bank examinations, allowing institutions to designate certain data and documents for enhanced security protections in an effort to reduce cybersecurity risks while preserving supervisory access.
WASHINGTON— PAHO/WHO FCU will change its name to Bienestar Federal Credit Union effective Sept. 1, the CU announced, saying the new brand better reflects its longstanding focus on financial wellness and its expanded field of membership beyond its historical ties to the Pan American Health Organization and World Health Organization.
STANFORD, Calif.—Federal Reserve Vice Chair Philip Jefferson said the central bank is navigating an unusually complex mix of economic shocks—from higher energy prices and trade policy changes to the rapid emergence of artificial intelligence—that could complicate the path of monetary policy and, if inflation fails to ease, may warrant a reassessment of current interest-rate policy.
WASHINGTON--Continuing its effort to identify and tackle the biggest challenges facing smaller credit unions, America's Credit Unions' Small Credit Union Advocacy Advisory Panel met Thursday to discuss additional priorities for the industry.
WASHINGTON – The Defense Credit Union Council Thursday said it joined 10 national financial services trade associations in urging congressional leaders to support the bipartisan American Lending Fairness Act of 2026, introduced as S. 3889 by Sen. Bernie Moreno (R-OH) and H.R. 7866 by Rep. Warren Davidson (R-OH).