WASHINGTON—As Congress considers how to develop an effective framework for regulating digital assets, it is critical that credit unions receive parity with banks to ensure that a competitive marketplace exists for users and issuers of stablecoins.
Fresh Today
ST. PETERSBURG, Fla.— Velera has been named to the Forbes list of America’s Best Midsize Employers 2025, the CUSO announced.
WASHINGTON—Donald Trump has nominated Jonathan McKernan to serve as CFPB director and Jonathan Gould to take over as Comptroller of the Currency.
WASHINGTON—Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 7.
WASHINGTON—The latest inflation report will likely slow the pace of further interest rate cuts by the Federal Reserve.
WASHINGTON—Discussions about regulatory restructuring have suddenly “broken into the open” this week in Washington, with mentions of folding the FDIC into Treasury. And one analyst contends these talks will eventually address sweeping NCUA into whatever new regulatory structure is created.
WASHINGTON—A U.S. Court of Appeals has temporarily paused the Consumer Financial Protection Bureau’s 1071 small-business rule and extended its compliance deadlines until further notice, the Independent Community Bankers of America reported, citing their support for the decision.
JOPLIN, Mo.– The $323-million Great Plains FCU has named James Wileman president and CEO.
WASHINGTON--The Defense Credit Union Council Tuesday sent multiple letters to Congress advocating for key financial reforms to support small businesses, military communities, and Native American communities, the trade group reported.
WASHINGTON—House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) have introduced Congressional Review Act (CRA) resolutions to overturn the CFPB's final rule capping overdraft fees at $5 for FIs above $10 billion in assets.