WASHINGTON–Higher prices have negatively affected most households and overall financial well-being declined during 2022, though workers continued to benefit from a strong labor market, according to the Federal Reserve’s new “Economic Well-Being of U.S. Households in 2022 report.”
WASHINGTON—The U.S. debt ceiling--with its deadline 10 days away--will be the major focus in Washington this week, and it will have the attention of NAFCU, the trade association said.
WASHINGTON—In the week after a bank trade association held an annual meeting in Washington that included their own Hill hikes, CUNA said it has followed up by contacting members of Congress with its own message about the value of the credit union tax exemption.
NEW YORK—Suggesting tougher financial times may be ahead, a new analysis by the New York Fed is pointing out consumers failed to pay down their debt in the first quarter of 2023.
WASHINGTON– The Merchants Payments Coalition continues to keep up the pressure behind its efforts to get the Credit Card Competition Act enacted, with its latest argument being that an agreement in Canada to lower credit card “swipe” fees shows that the fees could be reduced in the United States as well.
ST. LOUIS–With graduation season here, college students remain hugely optimistic about both their job prospects and their annual and career earnings, a new survey has found.
WASHINGTON–The Pew Charitable Trusts consumer finance project has published “Affordable Credit Poised to Save Consumers Billions,” which it said offers updated standards that can “help banks and credit unions expand access to safe small loans.”
MADISON, Wis.–Registration has opened for the 2023 CUNA CEO Council Conference. The meeting is scheduled for Sept. 20-22 at the Omni La Costa Resort in Carlsbad, Calif.
NEW YORK–Inclusiv/Mortgage has announced an expansion of its product offerings.
ALEXANDRIA, Va.–NCUA’s Office of Inspector General has made 17 recommendations for improvements for the regulator’s contracting officer’s representative program (COR).
