WASHINGTON—The Consumer Financial Protection Bureau has finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans, the agency announced.
Fresh Today
WASHINGTON—It’s a new year in Washington, with new members of the House and Senate sworn in, and the Defense Credit Union Council and America’s Credit Unions are engaging with lawmakers, sharing their priorities, the trade groups reported.
WASHINGTON— The Consumer Financial Protection Bureau has sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home, the agency said.
WASHINGTON—Federal regulators—including the NCUA, CFPB, and Financial Crimes Enforcement Network (FinCEN)—have released their Fall 2024 Unified Agenda of Regulatory and Deregulatory Actions, highlighting potential timelines for upcoming agency actions (but not a definitive schedule with specific timelines), America’s Credit Unions reported.
WASHINGTON—The Defense Credit Union Council’s annual Defense Matters event will be held on Tuesday, March 4, from 12 noon to 2 p.m. ET, at the Marriott Marquis hotel here.
WASHINGTON—Michael Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision, effective February 28, 2025, the Federal Reserve Board announced.
WEST LAFAYETTE, Ind. – Purdue Federal Credit Union has named Darrick Weeks president/CEO.
WASHINGTON—Reforming the CFPB, protecting credit unions’ tax-exempt status and interchange, and stopping fraud liability shift are among America’s Credit Unions 2025 credit union advocacy priorities, which the trade association has just released.
WASHINGTON—President Trump’s announcement of Ken Kies as assistant Treasury secretary for tax policy should draw the attention of credit union trade groups, analysts are saying.
MIDLAND, Mich.—The $2.3-billion Dow Credit Union is paying out an estimated $18.5 million this month to eligible members as part of its annual Member Giveback program for 2024, the CU reported.