WASHINGTON — During oral arguments here, the Supreme Court signaled it may not support the leadership structure of the Consumer Financial Protection Bureau but it has no intention of ruling against the agency’s existence.
Fresh Today
WASHINGTON—Ahead of the U.S. Supreme Court holding oral arguments in a case brought by Seila Law against the CFPB that challenges the agency’s single-director structure, NAFCU asserted the CFPB’s leadership structure should be reformed to a commission-based model to ensure transparency and accountability.
WASHINGTON–CUNA has sent two letters to Congress in conjunction with hearings related to FY 2021 budgets for the Treasury Department and USAID, respectively.
NEW YORK – It’s National Consumer Protection Week and New York Attorney General Letitia James has released the list of top 10 consumer fraud complaints received by her office in 2019.
JACKSONVILLE, Fla. – Jax Federal Credit Union said it has named Mary Svoboda to serve as its interim president and CEO.
WESTBY, Wis.—Westby Co-op Credit Union has selected PSCU for credit card processing support and services. WCCU said it selected PSCU following a comprehensive review process.
WASHINGTON—In remarks to the Freedman’s Bank Forum, NCUA Chairman Rodney Hood spoke of the importance of preserving minority depository institutions (MDIs).
CHEYENNE, Wyo.—A new effort is underway in Wyoming to create a new bank dedicated to the crypto and blockchain industry, while separately, Visa has announced one cryptocurrency exchange has been made a principal member.
NEW YORK–A new analysis suggests the global fintech personal finance industry is expected to be worth $1.5 trillion in 2020.
WASHINGTON—The Defense Credit Union Council (DCUC) hosted its 2020 Defense Matters event here with a focus on advocacy priorities that affect servicemembers and veterans.