TETON VILLAGE, Wyo.—Federal Reserve Governor Christopher Waller said stablecoins could strengthen the U.S. dollar’s position in global finance, describing them as the latest example of how private-sector innovation continues to reshape payments.
Fresh Today
WASHINGTON — President Donald Trump on this week called for Federal Reserve Governor Lisa Cook to resign, posting on Truth Social that she “must resign, now!!!,” NBC News reported.
WASHINGTON—A Federal Reserve readout released this week shows that the two policymakers who dissented from last month’s decision to hold interest rates steady were not joined by others in advocating for a rate cut, Reuters reported.
WASHINGTON—The House Armed Services Committee on Thursday advanced the FY26 National Defense Authorization Act (NDAA) out of committee without any provisions harmful to credit unions, the Defense Credit Union Council reported.
PHOENIX– DDJ Myers, the well-known industry thought leader and ALM First Company, recently joined as one of only six inaugural America’s Credit Unions Visionary providers to deliver thought leadership to the credit union industry.
WASHINGTON—Carrie Hunt has resigned as chief advocacy officer at America’s Credit Unions, the trade group confirmed.
MCLEAN, Va.--The 30-year fixed-rate mortgage leveled off this week, averaging 6.58% Freddie Mac reported.
COLUMBUS, Ohio--Credit unions saw a crucial win in court this week as the Ohio Supreme Court, in a six-to-one decision, overturned a lower court ruling that reversed longstanding industry precedent and practice regarding guarantors and when payments are due, America's Credit Unions reported.
ONTARIO, Calif.--The California Credit Union League has rebranded as California’s Credit Unions, the league announced.
WASHINGTON—This week offered a brief but telling glimpse into the Consumer Financial Protection Bureau’s plans for 2025—and then just as quickly, that glimpse disappeared.