WASHINGTON--House Rules Committee members continue their work on the budget reconciliation bill. The meeting began at 1 a.m. ET and remains in session as of 7 a.m. ET Wednesday, America's Credit Unions reported.
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WASHINGTON—Sen. Roger Marshall (R-KS) has filed an amendment seeking to attach the Credit Card Competition Act (CCCA) to the GENIUS Act (S.1582). ‘
PURCHASE, N.Y.—Mastercard has introduced a new solution to make it easier to make and receive stablecoin payments, saying the move will allow consumers to use stablecoins as easily as the money in their bank and credit union accounts.
WASHINGTON—Remittances are coming under fire from Republicans, according to news reports.
WASHINGTON--CU Student Choice has expanded access to its flexible education line of credit product.
WASHINGTON--A U.S. Court officially dismissed the lawsuit challenging the CFPB’s overdraft rule Friday, a needed legal step after the rule was nullified by passage and signing of the Congressional Review Act into law, America's Credit Unions noted.
WASHINGTON--As the budget reconciliation package heads toward a potential House vote later this week, America’s Credit Unions is actively engaging with House members and staff to emphasize the importance of preserving the credit union tax exemption and its vital role in supporting members and communities.
WASHINGTON—The Defense Credit Union Council has learned that retailers are encouraging the Senate to include the Credit Card Competition Act (CCCA) in the GENIUS Act—a bill that would establish federal oversight of payment stablecoins.
MIAMI—As auto loan delinquency rates rose across all 50 states between Q3 2024 and Q4 2024, a new study shows.
LAWRENCEVILLE, Ga.—The value of used cars, likely driven by Trump tariffs or the fear of their impacts, increase 0.9% in April, Black Book reported.