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SEATTLE—In a period characterized by significant economic and regulatory uncertainty, credit unions cannot afford to be caught “flat-footed,” says Jury & Lass.

WASHINGTON—Elizabeth Warren (D-MA) and Maxine Waters (D-CA) are challenging the authority of NCUA Chairman Kyle Hauptman to lead the agency alone, following President Donald Trump's dismissal of NCUA's two other board members, Todd Harper and Tanya Otsuka.

MILWAUKEE—Fiserv plans to launch a new Fiserv digital asset platform, including a new stablecoin (FIUSD) that will be added to Fiserv’s existing banking and payments infrastructure by the end of the year, the company announced.

VIENNA, Va.— Navy Federal Credit Union is facing criticism for allegedly undercutting its janitorial staff by hiring a non-union contractor—a move that's drawn protests, including the use of a giant inflatable rat to spotlight the dispute, FFXnow reported.

WASHINGTON—Deputy Treasury Secretary Michael Faulkender stated the department is examining ways to simplify the filing of suspicious activity and currency transaction reports, part of a larger push to modernize enforcement of the Bank Secrecy Act.

CHARLESTON, S.C.--Anthony Hernandez, president and CEO of the Defense Credit Union Council, emphasized the critical role of credit union collaboration during his address to the National Association of Credit Union Supervisory & Auditing Committees (NACUSAC) at its annual conference.

WASHINGTON—The Defense Credit Union Council has sent a letter to Russell T. Vought, acting director of the Consumer Financial Protection Bureau, offering a path forward to preserve and strengthen financial literacy programs for the nation’s servicemembers, veterans, and their families.