WASHINGTON—Senator Elizabeth Warren (D-MA) has written to Securities and Exchange Commission Chair Gary Gensler inquiring about the SEC’s authority to regulate cryptocurrencies and asking what future congressional regulatory action is needed.
Fresh Today
WASHINGTON–Two Florida companies and their CEO will be permanently barred from offering payment-processing services to settle Federal Trade Commission allegations that they aided a criminal student debt relief scam that bilked $62 million from thousands of students and their families.
MADISON, Wis.– UW Credit Union said it has now cut its overdraft and nonsufficient funds fees by more than 80% to just $5 per occurrence, from its prior fee of $30.
WASHINGTON—Both NAFCU and CUNA are asking the Federal Reserve for consistent and transparent guidelines as the Fed creates new rules for access to Reserve Bank accounts and services.
WASHINGTON—Lenders continue to stress business process streamlining and consumer-facing technology are two of their top three priorities, reported Fannie Mae.
WASHINGTON–New data from the Bureau of Labor Statistics show inflation was up 0.9% in June and up 5.3% year over year, which is likely to raise new debate about when the Fed will move to raise rates. No time soon, says one person.
NEW YORK–Everyday Americans expect inflation to rise much faster than the Federal Reserve and many experts are predicting.
BOULDER CITY, Nev.–A sixth-grade student and the CEO of CUNA Mutual Group participated in a give-and-take Q&A on everything from the fundamental role of credit unions to ice cream and mimosas.
NEW YORK–The nation’s largest bank is reporting some of its largest-ever profits.
SANTA FE, N.M.–State Employees Credit Union has named a new president/CEO.