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WASHINGTON--By unanimous consent, the Senate has passed legislation to ban abusive mortgage trigger leads, America's Credit Unions reported.

BENTONVILLE, Ark.— Walmart and Amazon are actively considering launching their own stablecoins—a move that could disrupt the traditional payments system and potentially save the retail giants billions in transaction fees, the Wall Street Journal reported.

OKLAHOMA CITY – Tinker Federal Credit Union has officially merged with LiFE Federal Credit Union, marking TFCU’s expansion into Texas, TFCU reported.

WASHINGTON—The Senate has released its version of the budget reconciliation bill and credit unions are not mentioned.

WASHINGTON—The budget reconciliation bill and the GENIUS Act remain top legislative priorities the trade associations acknowledged Monday morning as the House is in-district this week and the Senate remains in town for three days before leaving Thursday in observance of Juneteenth.

BENTONVILLE, Ark.—With Walmart and Amazon actively considering launching their own stablecoins, one credit union insider suggests cooperatives need to be paying attention to the major retailers’ moves.

SAN ANTONIO—Security Service FCU President/CEO Jim Laffoon has retired from the $14-billion institution, the credit union announced.