WASHINGTON—From replacing the CFPB’s director to a million dollars in credit union support for a senator who lost his race, political experts addressed what transpired during the latest elections and what lies ahead for the movement under a new administration.
Fresh Today
WASHINGTON – While some races are still undecided, America’s Credit Unions reported that among 388 CU-supported candidates, 322 won their seats as of Wednesday morning.
WASHINGTON—Expect changes in leadership among regulatory agencies to come swiftly once the Trump Administration is in charge, says Dennis Dollar.
WASHINGTON—The Defense Credit Union Council has sent a letter to President-Elect Donald Trump highlighting key areas where his administration can make a “substantial impact” on the lives of servicemembers, veterans and their families.
NEW YORK—One in three Gen Zers with credit cards currently carry debt, while 56% report missing or making late payments, a new study shows.
CHICAGO – After leading the $20-billion Alliant Credit Union for four years, CEO Dennis Devine has left the organization, the credit union reported.
WASHINGTON—The CFPB’s proposed rule on remittance transfers under the Electronic Fund Transfer Act (EFTA) brings concerns about regulatory burden, which could be significant for some credit unions, America’s Credit Unions said.
NEW YORK—Will issuers have to reconsider their rewards points offerings due to inflation?
OSHKOSH, Wis.—Health Care Credit Union has changed its name to Ripple CU.
PURCHASE, N.Y.—Mastercard has launched Mastercard Pay Local, a global service that connects consumers and merchants by allowing consumers to make card-based payments using local digital wallets, the company said.