Trump Administration Seeks Court OK To Cut CFPB Staff By More Than Half 04/01/2026 06:48 pm WASHINGTON— The Trump Administration is asking a federal appeals court for permission to move ahead with a new plan to slash the Consumer Financial Protection Bureau’s workforce by more than half, according to court filings reported by Bloomberg Law.
French Hill Signals Broad CFPB Overhaul, New 1071 And 1033 Rules 04/01/2026 06:33 pm SAN DIEGO—House Financial Services Committee Chairman French Hill (R-AR) told bankers at CBA LIVE that House Republicans are preparing a broader push this year to reshape the Consumer Financial Protection Bureau, previewing a “series of reforms” aimed at the Bureau itself and at two of the industry’s most contested rules: the CFPB’s Section 1071 small-business lending data collection rule and its Section 1033 open-banking data-access framework.
Arizona Measure Restricting Financial Services For Illegal Immigrants Clears House Panel 04/01/2026 06:34 pm PHOENIX— Legislation in Arizona that would impose new restrictions on financial services for immigrants in the country illegally advanced this week in the state House, with Senate Bill 1421 receiving a “do pass” recommendation from the House Commerce Committee on March 24, according to legislative records reported by the California Globe.
As Household Debt Hits $18.8T, New Report Flags Cities Under Stress 04/01/2026 06:30 pm MIAMI--With U.S. household debt now standing at roughly $18.8 trillion, personal finance company WalletHub said a new analysis shows some of the nation’s largest cities are facing especially acute debt-payment stress, with delinquency levels that could heighten risks to consumers’ credit scores and broader financial stability.
Wyoming Enacts New Law To Regulate Crypto Kiosks 04/01/2026 06:31 pm CHEYENNE, Wyo.— Wyoming has enacted a new law regulating virtual currency kiosks, with Gov. Mark Gordon signing House Bill 75 on March 6, according to ATM Marketplace.
NCUA Liquidates Copper & Glass FCU 04/02/2026 07:58 am GLASSPORT, Pa.—NCUA said it has liquidated Copper & Glass FCU here, with OMEGA Federal Credit Union in Wexford, Pa., immediately assuming the failed institution’s assets, member shares and loans.
Visa Sounds Alarm As Card Disputes Surge 35%, New Tools Target Rising Fraud 04/02/2026 08:22 am SAN FRANCISCO— Visa is rolling out a new slate of dispute-resolution tools as card disputes continue to climb, underscoring how chargebacks and so-called “friendly fraud” are becoming a bigger cost and customer-service problem for merchants and financial institutions alike.
FDIC Report Shows Rising Complaint Pressure, Big Restitution Orders For Banks In 2025 04/02/2026 12:10 pm WASHINGTON— FDIC-supervised banks were cited for 1,155 consumer protection violations in 2025, with nearly 40% tied to Truth in Lending Act/Regulation Z issues and the top five violation categories accounting for 75% of all citations, according to the FDIC’s new Consumer Compliance Supervisory Highlights.
Velera Selected As Debit And Credit Processing Provider For River Valley Credit Union 04/02/2026 10:26 am MIAMISBURG, Ohio--River Valley Credit Union here has chosen Velera to provide debit and credit card processing support.
