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WASHINGTON—Despite a period of high inflation and rising interest rates, the economy is continuing its return to normal, said America's Credit Unions Head of Emerging Issues and Deputy Chief Economist Curt Long. 

WASHINGTON—America’s Credit Unions recently met with the National Economic Council (NEC)—the principal group advising the president on economic policy.

WASHINGTON—The latest on Congress and the current Administration, and what the new political landscape means for credit unions will be covered at an upcoming America’s Credit Unions webinar.

CHICAGO—While a federal judge Thursday expanded a preliminary injunction against enforcement of an Illinois state law restricting interchange fees to include out-of-state banks, the court denied credit unions’ request to be included in that injunction.

WASHINGTON—The CFPB has filed a motion to stay proceedings related to the Bureau’s final overdraft rule, noting the new leadership of Acting Director Scott Bessent and time needed to review the rule, litigation, and other considerations, America’s Credit Unions reported.

WASHINGTON—The Senate Thursday confirmed Russell Vought to lead the Office of Management and Budget.