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WASHINGTON--Ongoing tax discussions—in advance of the anticipated release of the House Ways and Means Committee’s budget reconciliation legislation—is bringing credit union leaders to Washington for "consistent engagement" with members of Congress, America's Credit Unions noted.

WASHINGTON—Treasury Secretary Scott Bessent said Tuesday that the Trump Administration will soon release its estimate for when the U.S. could run out of cash to meet its obligations, adding that the debt ceiling is already “on the warning track,” Politico reported.

ARVADA, Colo. – Climb Credit Union has received the Champion for Kids award from Kenzi’s Causes, a Colorado nonprofit dedicated to supporting underprivileged children and families through community-driven initiatives.

WASHINGTON—The CFPB, under the Trump Administration, has pulled back from enforcing its rule targeting buy now, pay later services.

WASHINGTON—NCUA has confirmed that credit unions are not prohibited from offering financial services to unhoused veterans under current Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) and Customer Identification Program (CIP) requirements, the agency stated in a letter to the Defense Credit Union Council.

LAS VEGAS—What is currently happening in the world of payments may be one of the biggest threats—or opportunities—credit unions will face, said Mark Meyer.

WASHINGTON--As the industry awaits draft tax legislation from Congress, America’s Credit Unions broke down the benefits of credit unions’ tax status in a meeting with the Treasury Department’s Office of Tax Policy on Tuesday.