Fresh Today

Fresh Today

WASHINGTON—The town hall earlier announced by the CFPB on May 8 will focus on debt collection. At the time the agency announced the forum, which will be held in Philadelphia, it had not announced the focus of the event.

WASHINGTON–As expected, Federal Open Market Committee has concluded its meeting today and opted to not raise rates, leaving the target range for the federal funds rate at 2.25%  to 2.50%.

WASHINGTON—Witnesses at a House Financial Services Subcommittee on Consumer Protection and Financial Institutions hearing here offered some kudos to credit unions for offering positive alternatives for payday lending to help end debt traps in the payday and small dollar credit industries.

HUDSON, N.H.–Thanks to an anonymous tip about someone near a credit union’s ATM, three men have been arrested here and charged with using bogus ATM cards to steal money from machines along the East Coast.