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WASHINGTON—President Trump’s proposal to tax remittances is the most likely cause of a sharp increase in cash transfers from the U.S. to Mexico in March, sources report.

WASHINGTON—CUNA and the Defense Credit Union Council (DCUC) have followed up on a February letter to the Department of Defense (DOD), sharing what they said are relevant findings from CUNA’s data collection and offering suggestions the agency can implement to reduce or eliminate the adverse impact the Military Lending Act (MLA) rule is having on lending to servicemembers.

WASHINGTON—The Consumer Financial Protection Bureau Wednesday launched an inquiry into ways to gather and use new and existing information to identify the financing needs of small businesses, especially those owned by women and minorities.