WASHINGTON—The American Bankers Association is urging NCUA to hit pause on its proposed rule implementing part of the GENIUS Act for payment stablecoins, arguing the agency should not finalize an application process for permitted payment stablecoin issuers before it has also proposed the far more substantive prudential standards that would govern capital, liquidity, risk management and supervision.
Fresh Today
WASHINGTON--The Defense Credit Union Council submitted three comment letters to NCUA Monday in response to the agency’s fifth round of Deregulation Proposals.
WASHINGTON—The Federal Reserve is asking major U.S. banks for details on their exposure to private credit as regulators take a closer look at whether mounting strain in the fast-growing sector could spill into the broader financial system, Reuters reported, citing a Bloomberg News report Friday.
WASHINGTON--Treasury released proposed guidance on the 1% tax on remittances created by H.R. 1 Monday in the Federal Register, America's Credit Unions reported.
OKLAHOMA CITY—With gas prices pinching household budgets, Tinker Federal Credit Union employees showed up at two QuikTrip locations here with a simple message: this tank is on us.
WASHINGTON—With financial stress on the rise for many Americans, CU Student Choice Partners, LLC (Student Choice) is branching beyond its student lending roots with Employer Choice—a payroll-integrated platform that enables credit unions to deliver responsible credit and savings solutions to workers at a time they need it most.
WASHINGTON—The U.S. Department of the Treasury said Thursday it is opening a new cybersecurity information-sharing initiative for the digital asset sector, giving eligible U.S. crypto firms and industry groups access—at no cost—to the same actionable threat intelligence Treasury already shares with traditional financial institutions.
WASHINGTON—The Defense Credit Union Council has named the recipients of its 2026 George E. Myers (GEM) Scholarship (GEM), honoring four credit union professionals for their commitment to leadership development and continued growth within the credit union movement.
WASHINGTON—Inflation heated up sharply in March, with the Consumer Price Index rising 0.9% from February and 3.3% year-over-year, as a surge in energy costs pushed price pressures to their highest annual pace in two years and further clouded the outlook for Federal Reserve rate cuts.
WASHINGTON—America’s Credit Unions and other credit union advocates presented the Children’s Miracle Network with a $506,000 check during the Credit Union Cherry Blossom press conference at the Capitol Visitor Center, as organizers highlighted the industry’s annual fundraising push ahead of the Credit Union Cherry Blossom 10 Mile & 5K that took place this past weekend.