WASHINGTON—Will Jonathan McKernan head the CFPB? That may make take a little time to determine, America’s Credit Unions said.
Fresh Today
WASHINGTON, D.C. – The Defense Credit Union Council has launched a targeted geofencing advertisement campaign across Capitol Hill and the Gaylord National Resort & Convention Center — the site of the 2025 ICBA Annual Conference — to reinforce the importance of preserving the federal tax exemption for credit unions.
RALEIGH, N.C. – A woman who worked as a call center rep for a credit union has pleaded guilty to bank fraud and misuse of social security numbers, the U.S. Attorney's Office, Eastern District of North Carolina reported.
WASHINGTON--The House Ways and Means Committee released an initial draft of its reconciliation legislation Friday with no mention of the credit union tax status.
WASHINGTON--The Department of Justice—on behalf of the NCUA—has filed its opposition to the legal challenge from ousted NCUA board members Todd Harper and Tanya Otsuka, America's Credit Unions reported.
JUNEUA, Alaska—In an effort to stop an interchange bill in this state that could harm credit unions and consumers, the Defense Credit Union Council wrote to the Alaska Senate sharing strong opposition to the interchange provisions that have been added to SB 79.
WASHINGTON--President Trump plans to nominate Jonathan McKernan—his previous pick to lead the Consumer Financial Protection Bureau—as undersecretary for domestic finance at the U.S. Department of the Treasury, the Department announced Friday.
WASHINGTON—Federal Reserve Governor Michael Barr cautioned Friday that rising tariffs could fuel inflation and increase unemployment, the ABA Banking Journal reported.
LIVONIA, Mich.—The $123-million Catholic Vantage CU here intends to merge into $924-million Christian Financial Credit Union, based in Sterling Heights, Mich., CVCU announced.
WASHINGTON—The CFPB has apparently decided to withdraw dozens of outdated policy statements, interpretive rules and advisory opinions, sources have told CUToday.info.