WASHINGTON— The Consumer Financial Protection Bureau indicated its contested consumer financial data rights rule may soon be struck down, according to a new legal filing.
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ST. PETERSBURG, Fla.--Velera has named a new executive committee for its board of directors, the CUSO announced.
AUSTIN—Americans are engaging in “doom spending” — making purchases driven by fear or anxiety about the future, a new study shows.
MADISON, Wis.—World Council of Credit Unions (WOCCU) this week issued a formal call to action, urging the South African G20 Presidency to recognize cooperatives as essential institutions in the global effort to advance financial inclusion in its 2025 Leaders' Declaration.
WASHINGTON—The Supreme Court stated late last week that the president’s relationship with the Federal Reserve differs from that with other independent agencies, indicating that Chair Jerome Powell is legally protected from removal by President Donald Trump, Politico reported.
WASHINGTON—The American Bankers Association, along with the Bank Policy Institute and three other industry groups, urged the Securities and Exchange Commission this week to withdraw its cyber incident disclosure rule, arguing that it increases the risks for companies targeted by cyberattacks, the ABA Banking Journal reported.
WASHINGTON–Existing-home sales slowed in April, according to the National Association of REALTORS.
CHICAGO—While consumer debt growth has climbed to concerning levels in recent years, a new study shows borrowers may not be as overextended as the data show.
LAKE FOREST, Ill.—Michael Moebs, a well-known and highly respected economist and pricing expert, passed away peacefully on May 15 at his home in Lake Forest, Ill.
ALEXANDRIA, Va.—Kyle Hauptman claimed his place in NCUA history Thursday by leading an open board meeting as the sole board member.