Fresh Today

Fresh Today

MADISON, Wis.--The Filene Research Institute will launch a new research center in July 2026 focused on Differentiation & Storytelling, an initiative aimed at helping financial institutions better understand how brands build loyalty, how narratives shape consumer behavior and how organizations become memorable in ways that influence consumer decisions, the organization said.

WASHINGTON— America’s Credit Unions and the Defense Credit Union Council are both urging lawmakers to modernize the nation’s financial privacy rules ahead of a House Financial Services Committee hearing Tuesday, with both groups backing a stronger national framework while warning against a patchwork of state laws, gaps in oversight of fintechs and data aggregators, and added burdens on credit unions.

 

WASHINGTON— The Defense Credit Union Council is intensifying its push for explicit credit union inclusion in the Trump Administration’s mortgage lending deregulation effort, with Chief Advocacy Officer Jason Stverak suggesting community bankers had an outsized role in shaping the executive order while credit unions risk being left on the sidelines.

WASHINGTON— A federal judge in California has ordered the Consumer Financial Protection Bureau to continue seeking operating funds from the Federal Reserve, ruling that acting CFPB Director Russell Vought violated federal law when he refused to request additional money and attempted to let the agency’s reserves run down, Reuters reported.

WASHINGTON— A federal judge has blocked a pair of Justice Department subpoenas aimed at the Federal Reserve in connection with a criminal probe of Chair Jerome Powell, ruling the government offered virtually no evidence of wrongdoing and finding the subpoenas appeared designed primarily to harass Powell and pressure him over monetary policy.

FRAMINGHAM, Mass.— MetroWest Community Federal Credit Union is facing scrutiny following a reported data-security incident that may have exposed members’ personal information, with law firm Federman & Sherwood saying it has opened an investigation after a breach notice was filed with the Maine Attorney General.