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NEW YORK—A debt collector and his companies will be banned from the debt collection business under a settlement with the Federal Trade Commission and the Attorney General of the State of New York, which charged them with seeking money from consumers for debts they did not owe.

ARLINGTON, Va.—In a comment letter to NCUA, NAFCU told the agency that federal credit union bylaws need streamlining and improving to provide CUs greater “flexibility.”

ARLINGTON, Va.—NAFCU’s Dan Berger reiterated the heavy toll regulatory burden takes on credit unions and their 104 million members in letters Thursday to presidential nominees Hillary Clinton and Donald Trump, and he noted the association’s willingness to work with both parties in this regard.