WASHINGTON—The Federal Trade Commission will host a public forum Feb. 16 examining the FTC’s proposed rule to prohibit employers from imposing noncompetes on their workers, and providing an opportunity for people to directly share their experiences with noncompetes, the agency said.
Fresh Today
LONDON—2022 was another record year for suspicious activities reports in the U.K, according to the country’s National Crime Agency, which has published the 2022 Suspicious Activity Report (SARs) Annual Report.
WALTHAM, Mass.–Here is part II of the newest review by CUToday.info of the latest plans filed with NCUA for mergers and the disclosure statements required to be provided to members.
CHICAGO–A new credit union has received its charter.
ARLINGTON, Va.—Total consumer credit rose 2.9% at a seasonally adjusted, annualized rate in December and is up 7.8% compared to a year ago, according to new federal data.
WASHINGTON–A group of congressional Republicans hasn’t wasted any time since taking over the majority in the House in calling on the CFPB to withdraw its proposal on overdraft fees.
WASHINGTON–With the revenue stream in its crosshairs, the CFPB has released a new report showing bank overdraft fee income has dropped significantly since the COVID-19 pandemic began, noting that banks have not yet replaced that income with revenue from other sources.
WASHINGTON—The need to protect credit unions’ access to the secondary market is being emphasized by NAFCU in a letter to the Senate Banking Committee. The letter was sent ahead of its hearing to discuss the state of the housing industry.
JACKSON, Miss.–The Federal Reserve’s vice chair for supervision told a conference organized in part by Hope Credit Union here that he believes regulators need to engage with techniques and models for ensuring financial inclusion.
WASHINGTON—Credit unions would like to build on draft legislation discussed by a House Financial Services subcommittee that CUNA believes could resolve the many factors leading to banking deserts, the association told legislators this week.