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WASHINGTON—Federal regulators are reportedly preparing to significantly ease capital requirements for banks—rules originally put in place to help prevent a repeat of the 2008 financial crisis.

WASHINGTON--The House Budget Committee advanced the budget reconciliation bill late Sunday with a 17-16 vote (and four members voting “present”), America's Credit Unions reported.

WASHINGTON—The CFPB has withdrawn its proposed rule that would have banned contractual clauses in consumer financial product or service agreements that waive key legal rights and protections.

WASHINGTON--Consumer sentiment unexpectedly fell in early May, with the index dropping to 50.8 from 52.2 in April—marking the second-lowest reading on record, surpassed only by June 2022.

WASHINGTON—In 2024, consumers reported losing $470 million to scams that started with text messages, new data from the Federal Trade Commission show.

WASHINGTON—As the reconciliation process continues this week in Washington, with the House Budget Committee advancing the bill in a late Sunday vote, America’s Credit Unions and the Defense Credit Union Council remain optimistic about the future of the CU tax exemption.

HERSHEY, Pa. – Vizo Financial just completed its 2025 Risk Management Conference, which was held was held at The Hotel Hershey here.

WASHINGTON—America’s Credit Unions Monday met with Deputy Treasury Secretary Michael Faulkner to discuss several issues important to credit unions.