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WASHINGTON—The U.S. Department of the Treasury said Thursday it is opening a new cybersecurity information-sharing initiative for the digital asset sector, giving eligible U.S. crypto firms and industry groups access—at no cost—to the same actionable threat intelligence Treasury already shares with traditional financial institutions.

WASHINGTON—America’s Credit Unions and other credit union advocates presented the Children’s Miracle Network with a $506,000 check during the Credit Union Cherry Blossom press conference at the Capitol Visitor Center, as organizers highlighted the industry’s annual fundraising push ahead of the Credit Union Cherry Blossom 10 Mile & 5K that took place this past weekend.

WASHINGTON—The Federal Reserve is asking major U.S. banks for details on their exposure to private credit as regulators take a closer look at whether mounting strain in the fast-growing sector could spill into the broader financial system, Reuters reported, citing a Bloomberg News report Friday.

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WASHINGTON— Congress returned Monday from a two-week recess facing a jammed legislative calendar that includes efforts to address the partial shutdown affecting parts of the Department of Homeland Security, scrutiny of the White House’s FY2027 budget request and the possibility that those debates could quickly spill into a broader reconciliation fight that again puts the credit union tax exemption in the spotlight.

WASHINGTON—The American Bankers Association is urging NCUA to hit pause on its proposed rule implementing part of the GENIUS Act for payment stablecoins, arguing the agency should not finalize an application process for permitted payment stablecoin issuers before it has also proposed the far more substantive prudential standards that would govern capital, liquidity, risk management and supervision.