WASHINGTON—Ahead of some panel discussions on behavioral economics the CFPB recently hosted, the Bureau’s director, Kathy Kraninger, said all policymaking must first be subject to a cost/benefit analysis. In her opening remarks, she also emphasized the need to preserve consumer choice when developing policies and rulemakings.
DUBOIS, Penn.—Two credit union have named new CEOs.
MALTA—Binance plans to launch its Binance.US, a cryptocurrency exchange that will be accessible by U.S.-based users, in “the coming weeks.”
COLUMBIA, S.C.–An area of Williams-Brice Stadium here, home to the University of South Carolina Gamecocks, has a new credit union sponsor.
TALLAHASSEE, Fla.–A former credit union loan officer has been sentenced to 66 months in federal prison after he pleaded guilty to 20 counts of bank fraud, aggravated identity theft and theft from a lending institution.
BETHPAGE, N.Y.–A new bike-share program is rolling out here with the sponsorship of a credit union.
NEW YORK—Fintechs are having an impact on the design of credit card plans, a new report indicates.
DHAKA, Bangladesh–A two day Bangladesh Credit Union Forum was hosted here by the Cooperative Credit Union League of Bangladesh with a goal of building “strong and bold” leaders.
ARLINGTON, Va.—While there was "sagging" home sales through the early part of this year, NAFCU Chief Economist and Vice President of Research Curt Long said, "the housing market has recovered nicely," as existing-home sales grew 1.3% (seasonally adjusted) in August to 5.49 million units.
WASHINGTON–The House is expected to take action this week on credit union-supported legislation that would, among other things, allow financial institutions to serve cannabis businesses in states where it has been approved without fear of federal prosecution.
