WASHINGTON—Senate Majority Leader Mitch McConnell (R-KY) said he expects the Senate will pass a comprehensive tax overhaul bill next year using the budget reconciliation process, which would shield the bill from the 60 votes needed to end a possible filibuster.
Fresh Today
WASHINGTON–The Federal Reserve’s Federal Open Market Committee has voted to raise the federal funds rate by 25 basis points, moving from a range of 0.25%-0.50% to 0.50% to 0.75%.
PARSONS, Kan.–Nearly three years after a credit union here was shuttered for alleged embezzlement there has still been no criminal indictment, even as investigators have alleged as much as $10 million could be missing from the $13-million CU.
CHESAPEAKE, Va.—ABNB Federal Credit Union has named a new president and CEO.
SALT LAKE CITY, Utah–More than 2,200 credit union communities have thrown their support behind #VoteForMiracles and the effort to help local Children’s Miracle Network Hospitals win $100,000.
BROOKFIELD, Wis.–A new study of consumer behavior has found that transaction type and life stage often relate to how people bank and that despite the popularity of apps, mobile wallets still lag.
WASHINGTON—Continuing its efforts to get some clarification on the Department of Defense’s Military Lending Act (MLA) regulation, CUNA has sent a letter to the DoD urging answers for several outstanding questions.
ALBUQUERQUE, N.M.–Sandia Laboratory FCU has announced a $10-million dividend.
IRVINE, Calif.–The foreclosure inventory in the United States declined by 31.5% and completed foreclosures declined by 24.9% compared with October 2015, according to the October 2016 National Foreclosure Report from CoreLogic. Mortgages in “serious delinquency” are also down, although some states have seen an increase.
LITTLE ROCK, Ark.–The Arkansas CU Association has a new president.