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WASHINGTON—Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) is pressing NCUA Chairman Kyle Hauptman to turn over the legal analysis behind the agency’s position that one board member can constitute a quorum, warning the agency’s deregulation project could weaken the credit union system, American Banker first reported.

NEW YORK--A growing number of consumers are willing to let artificial intelligence help choose how they finance purchases, but they draw a firm line at giving up control, according to new research from PYMNTS Intelligence and Splitit.

WASHINGTON--The Defense Credit Union Council recently submitted recommendations on behalf of credit unions to House Financial Services Committee leadership, providing a full analysis and vote recommendations for legislation scheduled for consideration during the Committee's Full Committee markup.

NEW YORK—A federal judge in New York has dismissed a lawsuit accusing Citibank of ignoring warning signs that allowed scammers to steal nearly $4 million from a Texas man's family trusts in a cryptocurrency romance scam, ruling the bank did not owe the customer the broad duty alleged in the complaint, Law360 reported.

WASHINGTON--With Trump Accounts set to officially launch July 4, America’s Credit Unions updated its frequently asked questions document to clarify the role of credit unions now and in the future.

WASHINGTON--This week, the Defense Credit Union Council joined a coalition of trade groups, including America's Credit Unions, in a joint letter to Joseph M. Gormley, Assistant Secretary for Housing–Federal Housing Commissioner at the U.S. Department of Housing and Urban Development.

WASHINGTON--Credit union-supported candidates won seven of eight primary races in Colorado Tuesday, with Rep. Diana DeGette (D) falling in her primary to represent the 1st Congressional District, America's Credit Unions reported.