WASHINGTON--As the industry awaits draft tax legislation from Congress, America’s Credit Unions broke down the benefits of credit unions’ tax status in a meeting with the Treasury Department’s Office of Tax Policy on Tuesday.
Fresh Today
WASHINGTON--Ongoing tax discussions—in advance of the anticipated release of the House Ways and Means Committee’s budget reconciliation legislation—is bringing credit union leaders to Washington for "consistent engagement" with members of Congress, America's Credit Unions noted.
WASHINGTON—The CFPB, under the Trump Administration, has pulled back from enforcing its rule targeting buy now, pay later services.
WASHINGTON—Treasury Secretary Scott Bessent said Tuesday that the Trump Administration will soon release its estimate for when the U.S. could run out of cash to meet its obligations, adding that the debt ceiling is already “on the warning track,” Politico reported.
WASHINGTON--The Senate Banking Committee voted 13-11 along party lines today to advance the nomination of Federal Reserve Governor Michelle Bowman for vice chair for supervision.
ST. PETERSBURG, Fla.-- Velera has been recognized as one of America’s Greatest Workplaces for Gen Z 2025 by Newsweek and Plant-A Insights Group, the CUSO announced.
BEAUMONT, Texas—Billy Ray Thomas, Jr., has been sentenced to federal prison for stealing $1.3 million from Neches FCU through a multi-year loan fraud scheme, KFDM reported.
WASHINGTON-- America’s Credit Unions wrote to members of the House Ways and Means Committee Monday, focusing on fundamental facts about the credit union difference and what’s at stake if the credit union tax status is removed as part of tax reform.
WASHINGTON--Treasury Secretary Scott Bessent Monday highlighted the Administration’s goal to limit harm to Main Street as Congress drafts tax legislation.
WASHINGTON--House Financial Services and Agriculture Committee leaders released a discussion draft of legislation to regulate cryptocurrency and other digital assets, in advance of Tuesday’s joint committee meeting on the future of digital assets, America's Credit Unions reported.