WASHINGTON— With community bankers set to descend on Capitol Hill this week for ICBA’s annual fly-in, America’s Credit Unions defended the credit union tax exemption and pushed back on what it called “tired, unsubstantiated claims” about the industry’s role in the financial marketplace.
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WASHINGTON— Fraud is now a mainstream consumer fear, with new AARP research finding nearly four in 10 U.S. adults—about 103 million people—have already experienced fraud, while an estimated 159 million worry they could be next.
WASHINGTON-- America’s Credit Unions and its Political Action Committee (PAC) will spend a combined $8 million in independent expenditures and member communications during the 2026 midterm election season to help elect a credit-union friendly 120th Congress, ACU reported.
DENVER—Colorado lawmakers have taken the next step in the growing state-by-state fight over interchange, with the state Senate on Monday advancing legislation that would bar payment card networks from charging swipe fees on the sales tax portion of card transactions—an approach credit unions have warned could create many of the same operational and legal headaches now at the center of Illinois’ closely watched swipe-fee battle.
WASHINGTON--Ahead of Tuesday's House Committee on Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation hearing, “Review of the Coast Guard’s Fiscal Year 2027 Budget Request,” the Defense Credit Union Council wrote to committee leaders stressing the urgent need for full-year, uninterrupted appropriations for the United States Coast Guard and permanent statutory protections to ensure servicemembers receive pay during funding lapses.
WASHINGTON--Monday, the Defense Credit Union Council wrote to leaders of the House Financial Services Committee ahead of the full committee hearing, “Prioritizing Main Street: Evaluating the Impact of Capital Proposals on Economic Growth and American Communities.”
WASHINGTON— America’s Credit Unions said Monday it has filed six comment letters backing a new round of NCUA deregulation proposals, urging the agency to strip out what it called outdated, duplicative or overly prescriptive rules while preserving key operational flexibilities for federal credit unions.
WASHINGTON--The Defense Credit Union Council Monday submitted six separate comment letters to NCUA in response to the agency’s sixth round of deregulation proposals.
WASHINGTON— Kevin Warsh’s nomination to become the next Federal Reserve chair moved closer to a Senate floor vote Monday after the Senate Banking Committee scheduled a Wednesday markup to advance President Trump’s pick, a sign the confirmation process is back on track after a GOP hold that had threatened to delay action.
LAKE BUENA VISTA, Fla.— NACUSO used its Reimagine 2026 meeting here to announce a round of board leadership changes, including the appointment of Nick Evens as the new chair of the board of directors.