Every major modernization debate in Washington eventually comes down to one simple question: Who gets to compete? The Digital Asset Market Clarity Act is no different.
THE 'tude
On July 23, the Senate Banking Committee will meet in executive session to consider a nomination with consequences for millions of Americans who rely on credit unions to save, borrow, buy homes, start businesses and withstand financial emergencies. The committee should vote to report John Crews’s nomination to the NCUA board favorably, and the Senate should confirm him without unnecessary delay.
The alleged embezzlement at Jackson Area Federal Credit Union represents a profound breach of trust. Any theft from a member-owned financial institution deserves thorough investigation, prosecution, and full accountability. Bad actors should be removed, prosecuted where appropriate, barred from financial services, and forced to repay every recoverable dollar.
On June 26, 1934, in the midst of the Great Depression, President Franklin D. Roosevelt signed the Federal Credit Union Act into law. At first glance, it appeared to be one of many measures designed to help a struggling nation recover. In reality, it created something far more enduring than a government program. It gave Americans ownership over their own financial futures.
On June 26, 1934, Franklin Roosevelt signed his name to the Federal Credit Union Act, and in doing so made a commitment to ordinary Americans: that safe, affordable financial services were not a privilege for the wealthy but a right for everyone. Ninety-two years later, that commitment is being tested.
The National Credit Union Administration rarely attracts headlines outside of the financial services industry. Yet the decisions made by the NCUA board affect millions of Americans every day, including service-members, veterans, military families, and the communities they serve.
Father’s Day is often celebrated with cookouts, phone calls, family gatherings, and heartfelt expressions of gratitude. These traditions matter because they remind us of something fundamental: fathers help shape the character of families, communities, and our nation.
Every year, June 12 deserves far more attention than it receives.
Every year on the first Friday in June, Americans celebrate National Donut Day with a simple pleasure: enjoying one of our nation’s favorite treats. For many, it is a fun occasion marked by a morning stop at a local bakery or coffee shop.
Financial security may typically be viewed as a personal achievement, but for those in uniform, their financial capability is shaped by national priorities and institutional support. Credit unions are proud to serve this community because, at the end of the day, financial freedom is only possible because our service members ensure our physical freedom every day.