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DAVOS, Switzerland--U.S. Treasury Secretary Scott Bessent said this week it would be reasonable to examine the practices of credit card companies, signaling openness to a broader review as Washington debates potential consumer protections, according to Reuters.

EAST HARTFORD, Conn.—American Eagle Financial Credit Union donated more than $160,000 in cash and in-kind contributions across Connecticut and Massachusetts during the final two months of 2025, directing the funds toward programs that address basic needs for local residents.

NEW YORK— As President Donald Trump presses Congress to consider a cap on credit card interest rates, Citigroup CEO Jane Fraser said this week she does not expect lawmakers to approve such a move, warning it would harm the broader U.S. economy.

CHICAGO—In a finding one payments analyst calls “reassuring,” TransUnion’s latest Consumer Pulse survey shows that a majority of Americans remain optimistic about their household finances over the next year—despite inflation fatigue, rising borrowing costs, and ongoing wallet stress for many families.

WASHINGTON--Thirty small credit union leaders from across the country will elevate the voices of their counterparts in America’s Credit Unions newly launched Small Credit Union Advocacy Advisory Panel. The panel members, announced Wednesday, will also strengthen advocacy efforts on the issues that matter most to small credit unions, ACU said.

WASHINGTON—With rumors circulating in Washington overnight that a 10% credit card interest rate cap could be offered Thursday as an amendment during the House Financial Services Committee’s full markup, the Defense Credit Union Council sent a letter to the Committee urging lawmakers to reject any such proposal.