‘Bidding Against Billionaires’: New Bill Would Ban Hedge Funds from Buying, Owning Single Family Homes 12/07/2023 07:36 pm WASHINGTON–Democrats in Congress have introduced a bill in both houses of Congress that seeks to ban hedge funds from buying and owning single-family homes in the United States, which some critics have said is driving up the cost of home ownership in the country.
CEOs of Nation’s Biggest Banks Push Back on (Some) New Rules, Including on Overdrafts 12/07/2023 07:36 pm WASHINGTON–The heads of the nation’s largest banks told Congress this week they are opposed to a number of proposals they said are leading to new regulations that will hurt the economy, while also raising objections to new rules around overdrafts.
PenFed Signs on to ‘4+1 Commitment’ Program Aimed at Boosting Military Spouse Employment 12/07/2023 07:38 pm TYSONS, Va.–PenFed Credit Union said it is signing on as an initial signatory of Blue Star Families and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes Program 4+1 Commitment, which supports military spouse employment.
There’s a ‘Long & Winding Road’ Ahead on Financial Inclusion, But Progress Being Made, Says Fed Gov 12/07/2023 07:36 pm WASHINGTON—There is a “long and winding road” ahead when it comes to financial inclusion, but the Fed is making progress, according to one Fed governor.
AACUC To Host Friday Conversation With CU Women’s Leadership Alliance Today 12/07/2023 07:33 pm SNELLVILLE, Ga.–As part of its Commitment to Change Friday Conversation series, the African American Credit Union Coalition will host a webinar titled, “Meet the Credit Union Women's Leadership Alliance (CUWLA)" today.
As Holidays Approach, OCC Issues New Guidance to Banks on BNPL Lending 12/07/2023 07:36 pm WASHINGTON—The Office of the Comptroller of the Currency (OCC) has issued mew guidance to national banks and federal savings associations to address what it said are the risks associated with “buy now, pay later” lending.
