Fresh Today

Fresh Today

WASHINGTON–A new report from the Government Accountability Office (GAO) has found changes made during a reorganization of the CFPB have led to a loss of fair lending expertise at the agency, as well as reduced transparency and difficulty in assessing progress toward fair lending goals, according to the congressional watchdog.

WASHINGTON—NAFCU wrote to House Speaker Nancy Pelosi (D-CA) and House Minority Leader Kevin McCarthy (R-CA), along with all House members, to call for support of a resolution to overturn the Office of the Comptroller of the Currency's (OCC) true lender rule using the Congressional Review Act (CRA).

KYIV, Ukraine–In what’s being called a “major victory” by the World Council of CUs, the Ukrainian Parliament has overwhelmingly approved the first reading of a new draft law on credit unions. The law must now pass a second reading as the final step for adoption.