WASHINGTON—A federal judge in New York has ruled that the BCFP's leadership structure is unconstitutional, disagreeing with the U.S. Court of Appeals for the D.C. Circuit's decision in the PHH Corp. lawsuit that upheld the Bureau's current structure.
ARLINGTON, Va.—Existing-home sales decreased 0.4% in May as the median existing-home price increased year-over-year for the 75th consecutive month.
WASHINGTON—The Federal Trade Commission (FTC) will hold a series of public hearings to discuss data privacy, technology and competition in an effort to deter unfair and deceptive conduct related to data collection.
WASHINGTON—The Senate Appropriations Committee unanimously approved its fiscal year 2019 financial services and general government (FSGG) appropriations bill.
SAN FRANCISCO—Count Wells Fargo as another of the big banks saying “no” to cryptocurrency purchases on its credit cards. The bank recently announced a ban on the purchase of Bitcoin and similar currencies using its credit cards.
BOSTON—Every currency in the world — from the U.S. dollar to the Chinese yuan — will have its own cryptocurrency version, the CEO of fintech firm Circle is predicting.
WASHINGTON—President Trump has signed into law a bill to strengthen the Small Business Administration's (SBA) 7(a) loan program.
GREENWOOD VILLAGE, Colo. – Bellco Credit Union is assisting employees whose automobiles were damaged during a severe hail storm here.
MADISON, Wis. – The Worldwide Foundation for Credit Unions has partnered with the Illinois Credit Union System to put out a call to aid Guatemalan peer credit unions, their employees and members to provide immediate disaster relief support.
WASHINGTON—The Bureau of Consumer Financial Protection has filed a consent order against Security Group Inc. and its subsidiaries over its debt-collection and credit-lending practices.
