WASHINGTON— Marking an easing of federal marijuana policy, the White House on Thursday issued an executive order directing the federal government to accelerate the rescheduling of marijuana for medical use and to expand research into both medical marijuana and hemp-derived cannabidiol (CBD), citing widespread patient use and long-standing gaps in federal policy and scientific guidance.
Fresh Today
WASHINGTON--Issuing an interim final rule (IFR) for its personal financial data rights (PFDR) rule would truncate the public comment process for one of the CFPB's most technical and complex rules. In a letter to acting CFPB Director Russell Vought Thursday, America’s Credit Unions urged the CFPB to go through the regular rulemaking process to alleviate potential complications.
WASHINGTON—America’s Credit Unions leaders met Thursday with senior officials at the U.S. Treasury Department and the National Economic Council, pressing credit union priorities directly with the Administration.
HUTCHINSON, Kans.— Heartland Credit Union has secured naming rights to the Park City Arena, which will now be known as Heartland Credit Union Arena, according to Hutch Post.
ALEXANDRIA, Va.—NCUA has released the December 2025 update of its Simplified CECL Tool, which was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases.
ST. PETERSBURG, Fla.—In November, year-over-year consumer spending growth remained consistent and positive. While consumer sentiment surveys have shown mixed results, concerns about high prices remain, according to the December edition of the Velera Payments Index.
WASHINGTON—President Donald Trump has announced a one-time $1,776 “Warrior Dividend” for U.S. service members, a holiday bonus the Administration says will be funded by repurposing roughly $2.6 billion previously allocated for military housing assistance.
WASHINGTON— The U.S. Justice Department has asked Federal Reserve Chair Jerome Powell to clarify whether the central bank has returned to profitability, a determination the Trump administration says could affect whether the Consumer Financial Protection Bureau can receive funding, according to court records cited by Reuters.
WASHINGTON— The U.S. Court of Appeals for the D.C. Circuit has agreed to rehear, en banc, a lawsuit challenging the Environmental Protection Agency’s termination of billions of dollars in clean-energy financing awards, including a $1.87 billion grant awarded to Inclusiv.
MCLEAN, Va.--The 30-year fixed-rate mortgage dipped this week, averaged 6.21%, Freddie Mac said.