WASHINGTON—Saying the U.S. regulatory framework has grown expansively to become overly complicated and redundant, Federal Reserve Governor Michelle Bowman outlined her vision for regulatory reform during her confirmation hearing to serve as the Fed’s next vice chair for supervision.
WASHINGTON – The U.S Treasury Department Wednesday said it is taking immediate action to eliminate 15 rules and guidance materials.
WASHINGTON—The House Wednesday passed, by a 217-211 vote, Senator Tim Scott’s (R-SC) joint resolution (S.J. Res. 18) to repeal the CFPB’s overdraft rule, “Overdraft Lending: Very Large Financial Institutions.”
WASHINGTON--The Defense Credit Union Council sent a letter to U.S. Treasury Secretary Scott Bessent promptly urging the Department to fully include credit unions—especially those serving military and veteran communities—in its 2025 Main Street regulatory reform agenda.
WASHINGTON — Mortgage applications increased 20% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 4, 2025.
WASHINGTON--Allied Solutions, Securian, Gallagher, Akuvo, Franklin Madison, and Route 66, have pledged a collective $100,000 contribution to bolster DCUC’s advocacy efforts through DCUC’s Defending Credit Unions National Advocacy Fund, DCUC reported.
WASHINGTON—The Office of the Comptroller of the Currency reported a major security breach in its email system and informed Congress of the incident on Tuesday.
WASHINGTON--The Federal Communications Commission (FCC) Monday announced it will delay what America's Credit Unions called a "concerning" part of its revocation of consent rules under the Telephone Consumer Protection Act (TCPA).
WASHINGTON – Allied Solutions and leading partners, Securian, Gallagher, Akuvo, Franklin Madison, and Route 66, have pledged a collective $100,000 in contribution to America’s Credit Unions’ National Advocacy Fund (NAF), ACU reported.
MIAMI—With Americans carrying nearly $1.7 trillion in auto loan debt averaging nearly $13,800 per household, WalletHub has released its latest report on the states where auto loan debt is decreasing the most.
