COSTA MESA, Calif.—A new report shows that small business delinquencies were down in the first quarter.
THE news
WASHINGTON—The Federal Trade Commission has launched a new website – ftc.gov/SmallBusiness – that contains articles, videos, and other information aimed at helping small business owners avoid scams and protect their computers and networks from cyberattacks and other threats.
WASHINGTON—The Consumer Financial Protection Bureau Wednesday launched an inquiry into ways to gather and use new and existing information to identify the financing needs of small businesses, especially those owned by women and minorities.
CUPERTINO, Calif.—Apple is again considering building its own money-transfer service, according to reports.
SAN FRANCISCO–The nation’s biggest banks have begun pulling back “sharply” from auto loans, which is contributing to a drop in car sales and raising concerns the auto slump might deepen, according to one new report.
WASHINGTON – The House Financial Services Committee has passed Committee Chairman Jeb Hensarling’s (R-TX) Financial CHOICE Act, which contains a number of regulatory relief provisions that credit unions back.
WASHINGTON—More than 100 community bankers and staff from the Independent Community Bankers of America met with President Trump here, presenting him with a red cap reading “Make Community Banking Great Again” as part of the event.
BELLEVUE, Wash.–Eddie Bauer has asked a federal judge to toss out a lawsuit against it filed by a credit union that is seeking class action status.
WASHINGTON–A bipartisan congressional agreement on a bill providing $1 trillion in funding to keep the federal government operating through the end of September includes $248 million to fully fund the Community Development Financial Institutions (CDFI) Fund.
WASHINGTON—The credit union tax exemption was not included in any way in the broad agenda for changes to the tax code released by the Trump Administration, but the CU trade groups say they will continue to engage with policymakers on the issue.