WASHINGTON—The latest inflation report will likely slow the pace of further interest rate cuts by the Federal Reserve.
Fresh Today
WASHINGTON—Discussions about regulatory restructuring have suddenly “broken into the open” this week in Washington, with mentions of folding the FDIC into Treasury. And one analyst contends these talks will eventually address sweeping NCUA into whatever new regulatory structure is created.
WASHINGTON—A U.S. Court of Appeals has temporarily paused the Consumer Financial Protection Bureau’s 1071 small-business rule and extended its compliance deadlines until further notice, the Independent Community Bankers of America reported, citing their support for the decision.
JOPLIN, Mo.– The $323-million Great Plains FCU has named James Wileman president and CEO.
WASHINGTON--The Defense Credit Union Council Tuesday sent multiple letters to Congress advocating for key financial reforms to support small businesses, military communities, and Native American communities, the trade group reported.
WASHINGTON—House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) have introduced Congressional Review Act (CRA) resolutions to overturn the CFPB's final rule capping overdraft fees at $5 for FIs above $10 billion in assets.
ALEXANDRIA, Va.— Federal credit union operating fees will decrease by an average of approximately 1.2% in 2025, NCUA reported, citing operating and capital budgets information outlined during its December board meeting.
MADISON, Wis.—While the U.S. State Department’s 90-day stop-work order on all USAID-funded international development projects has forced the World Council of Credit Unions to reduce its global programs’ staffing levels, the organization said its international advocacy, engagement, education and networking activities—including the 2025 World Credit Union Conference in Stockholm, Sweden, in July--will not be affected.
WASHINGTON—The House of Representatives Monday passed the Credit Union Board Modernization Act.
WASHINGTON—It did not take Russell Vought long to take a step toward possibly dismantling the CFPB.