WASHINGTON—The U.S. Department of the Treasury on Thursday issued an Advance Notice of Proposed Rulemaking (ANPRM), seeking public input on its implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
Fresh Today
MCLEAN, Va.--The 30-year fixed-rate mortgage fell this past week, dropping to an average of 6.26%, Freddie Mac reported.
WASHINGTON—The Defense Credit Union Council Thursday provided comments to the Consumer Financial Protection Bureau and expressed concerns about the Bureau’s proposed rule on the legal standard for designating nonbank entities for supervision.
ONTARIO, Calif.— California’s Credit Unions, Nevada’s Credit Unions, and Utah’s Credit Unions Thursday announced leadership transition plans and reaffirmed their commitment to the Fuel Solutions model.
WASHINGTON--Fraud is a top concern for credit unions, and America’s Credit Unions said it is working to raise greater awareness and make positive changes on the legislative and regulatory fronts.
WASHINGTON--A Kentucky U.S. District Court ruled this week the Federal Reserve’s debit interchange Regulation II is lawful and reasonable, America's Credit Unions reported.
Cybercrime Group Exploits Identity Platforms, Leaving Credit Unions At Risk Of Sophisticated Attacks
NEW YORK—Financial institutions remain in the crosshairs of the cybercrime group Scattered Spider, despite claims the hackers are “going dark,” Bank Info Security reported.
MILWAUKEE – In the Cellar, an annual black-tie fundraiser supporting Children’s Miracle Network (CMN) Hospitals, announced it raised $1,181,990 at its 2025 event.
WASHINGTON--On the same day the Fed cut interest rates by 25 BPs, House Committee on Financial Services Chairman French Hill (R-AR), Rep. Byron Donalds (R-FL), and Rep. Marlin Stutzman (R-IN) reintroduced the Price Stability Act aiming to end the Federal Reserve’s dual mandate and ensure the central bank focuses exclusively on containing inflation.
ALBANY, N.Y.—The New York State Department of Financial Services on Wednesday ordered banking institutions to deploy blockchain analytics to help detect and prevent illicit activity, citing rising engagement with digital assets, The Block reported.