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WASHINGTON—Sen. Elizabeth Warren on Thursday accused the Consumer Financial Protection Bureau’s acting leadership of undercutting President Trump’s call for a one-year 10% cap on credit-card interest rates, urging the agency to take immediate action to rein in what she described as excessive consumer costs.

MIDDLETOWN, Conn. — A Connecticut resident has filed a proposed class-action lawsuit against $175-million Ellafi FCU, alleging the Middletown-based credit union failed to adequately protect member data in a cyber breach that exposed personal information of more than 17,600 people, Hartford Business reported.

dcuc_letter_to_senate_ag_-_ccca_1.24.26

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dcuc_letter_to_senate_ag_-_ccca_1.24.26

CHILLICOTHE, Ohio—As ice and snow weighed down power lines and businesses went dark across a wide swath of the country this weekend, credit unions were already preparing for the real aftermath from Winter Storm Fern: a Monday marked by delayed branch openings, disrupted service, and members looking for financial breathing room after a costly cold blast.

WASHINGTON— With the House in recess and Winter Storm Fern disrupting travel and operations across much of the country, there is now little to no realistic path to modify and enact the pending federal funding package before the Jan. 30 deadline, sharply increasing the likelihood of at least a short government shutdown, the Defense Credit Union Council contends.

WASHINGTON — The Merchants Payments Coalition and hundreds of retail and business groups are urging the Senate Agriculture Committee to include the Credit Card Competition Act (CCCA) in pending cryptocurrency market-structure legislation, citing rising swipe fees and President Donald Trump’s recent endorsement of the measure.