WASHINGTON—The Senate Monday night approved a government funding measure that moves the nation closer to ending the longest shutdown in U.S. history.
Fresh Today
WASHINGTON—A new bipartisan proposal from Sens. John Boozman (R-AR) and Cory Booker (D-NJ) would give the Commodity Futures Trading Commission sweeping new authority to regulate digital commodities, establishing the first federal framework for spot-market crypto trading and enhancing consumer protections.
WASHINGTON--The Defense Credit Union has joined leading financial trade associations, including America's Credit Unions, in issuing a joint statement welcoming the bipartisan agreement to end the federal government shutdown.
WASHINGTON—Less than ten days into his tenure as president and CEO of America’s Credit Unions, Scott Simpson said he’s still settling into both his new home and his new role—but already hearing clearly what credit unions expect from the national trade association.
NEW YORK—Visa and Mastercard have unveiled a revised settlement with U.S. merchants who long accused the card networks of imposing excessive fees for credit card acceptance, following a federal judge’s rejection of an earlier $30-billion proposal as insufficient, Reuters reported.
WASHINGTON--The $9.2-billion Desert Financial Credit Union here has become the newest member of the the Defense Credit Union Council.
WASHINGTON—As Congress moves to end the historic weeks-long federal government shutdown, some in Washington are asking what, if anything, was accomplished—especially since the final deal mirrors proposals rejected more than a month ago.
WASHINGTON—While Sunday night’s Senate vote marked a major step toward ending the federal government shutdown, the process of fully reopening agencies could take several more days—and potentially stretch into the weekend—according to Defense Credit Union Council Chief Advocacy Officer Jason Stverak.
WASHINGTON—The Senate has reached a deal to end the federal government shutdown, in an agreement that would also reverse the mass federal layoffs that have disrupted operations at key agencies—including the Community Development Financial Institutions (CDFI) Fund—since Oct. 1.
PLANO, Texas—Rising household debt is sending mixed signals for financial institutions, as consumers continue to borrow heavily but show only modest signs of strain, one economist notes.