WASHINGTON—Ahead of a Senate Banking Committee hearing with CFPB Director Kathy Kraninger to review the Bureau's semi-annual report, NAFCU sent a letter to the committee suggesting areas where the trade association believes the structure and operations of the CFPB could be enhanced.
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WASHINGTON—Blaine Luetkemeyer (R-MO), a member of the House Financial Services Committee, has introduced legislation that would change the CFPB's governance structure from a single director to a bipartisan commission.
SALT LAKE CITY–Amber Harsin has been named CEO of the fintech CUSO Prodigy, replacing Bret Weekes, who is leaving to serve a mission for the Church of Jesus Christ of Latter Day Saints.
WASHINGTON— The Consumer Financial Protection Bureau said it has introduced three steps to advance a key priority of “preventing consumer harm” and has submitted proposed language to Congress to allow certain changes to take place.
NEW YORK—Approximately 69% of families with children say they make sacrifices to keep up with their medical expenses, according to a new survey.
MADISON, Wis.—Young credit union professionals can explore the “unique and rewarding” experience that comes from building a lifelong career in the credit union movement while growing their leadership skills at the CUNA National Young Professional Conference, presented with The Cooperative Trust, June 11-12, 2020, in Madison, Wis., according to the trade group.
LAKE MARY, Fla. – Addition Financial Credit Union has launched a new offering for local school district employees: the A+ Mortgage Program.
OTTOWA, Ontario, Canada—The Bank of Canada has no plans to issue its own digital currency, but said that could change if cash usage drops off significantly or private options, such as Facebook’s Libra, gain widespread adoption.
WASHINGTON – State and federal regulators, government agencies and various credit union trade groups continue to roll out resources in response to the outbreak of coronavirus (COVID-19).
SAN FRANCISCO—Visa has become the latest payments firm to face a hit from the spread of coronavirus.