WASHINGTON--The CFPB’s proposed rule on nonbank supervision released Tuesday has elements that could harm consumers and disadvantage credit unions, according to America's Credit Unions.
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WASHINGTON--The Defense Credit Union Council has sent a letter to House Financial Services Committee leaders Rep. French Hill (R-AR) and Rep. Andy Barr (R-KY) urging updates to the Gramm-Leach-Bliley Act (GLBA) to reflect today’s digital financial landscape.
WASHINGTON--The Defense Credit Union Council is commending a bipartisan group of U.S. Senators for introducing an amendment to the National Defense Authorization Act (NDAA) that would expand and strengthen the Community Development Financial Institutions (CDFI) Fund.
COLUMBUS, Wis.— The U.S. housing market is bracing for what could be its steepest correction in more than a decade, as swelling inventories, slumping demand, and rising distress signals point to years of declining prices, according to a stark new outlook from Michael Eisenga, CEO of First American Properties.
WASHINGTON—Senator Cynthia Lummis, one of the strongest advocates for cryptocurrency in the U.S. Senate, is intensifying efforts to pass a comprehensive market structure bill before year-end, AInvest reported.
WASHINGTON— America’s Credit Unions President and CEO Jim Nussle pushed back against a recent American Banker op-ed, which ACU asserts contains “factually inaccurate claims” intended to undermine the critical role credit unions serve nationwide.
ALEXANDRIA, Va.—NCUA announced Tuesday that longtime agency veteran Keith Morton, regional director of the Southern Region, will retire on Aug. 29.
NEW YORK — U.S. consumer confidence declined in August, with the Conference Board’s Consumer Confidence Index slipping 1.3 points to 97.4, down from July’s revised 98.7.
WASHINGTON—President Donald Trump on Monday announced he had dismissed Federal Reserve Governor Lisa Cook, marking an extraordinary escalation of his campaign against the central bank’s independence after it refused to cut interest rates, CNBC reported.
WASHINGTON--Credit unions are taking advantage of in-district opportunities to connect with members of Congress as the August recess winds down, America's Credit Unions reported.