WASHINGTON— President Donald Trump on Wednesday threatened to fire Federal Reserve Chair Jerome Powell if Powell does not step down when his term as Fed chief ends on May 15, escalating a confrontation that is intensifying concerns over the central bank’s independence.
WASHINGTON— The Office of the Comptroller of the Currency has terminated the CFPB's lease on its Washington headquarters and agreed to transfer the property to the General Services Administration, according to records obtained by Reuters, a move that raises fresh questions about the Trump Administration’s longer-term plans for the CFPB.
WASHINGTON— Mortgage applications increased 1.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 10.
ORLANDO, Fla. –At VeleraLIVE Wednesday the CUSO unveiled three data-first solutions powered by Stellaris and Atmos, the organization’s recently introduced next-generation technology stack and intelligence layer within the Velera Ecosystem, demonstrating how the ecosystem is being brought to life across analytics, connectivity and marketing engagement.
NEW YORK--A new analysis argues that payment brands looking to win with Gen Z may need to think beyond speed, security and convenience, with the data suggesting that emotional relevance and personal alignment are becoming powerful drivers of brand strength in digital wallets and other financial services.
WASHINGTON--America's Credit Unions President/CEO Scott Simpson sent a letter to Treasury Secretary Scott Bessent outlining how credit unions currently work to verify members' identities, following comments that an Executive Order is in the works to add citizenship verification to new and existing financial institution accounts.
WASHINGTON--The Defense Credit Union Council Tuesday sent a letter to Senate Special Committee on Aging Chairman Rick Scott and Ranking Member Kirsten Gillibrand ahead of the hearing, “Empowering Seniors Through Financial Literacy: Tools to Protect Savings, Prevent Fraud, and Promote Independence.”
ORLANDO, Fla.— Brian Caldarelli told credit unions Tuesday that when he takes over as Velera’s president and CEO on Oct. 1, the goal will not be to remake the company, but to build on what is already working—while moving faster, tightening execution and making it easier for credit unions to serve members.
ORLANDO, Fla.— Velera executives used a Tuesday panel at VeleraLIVE 2026 to emphasize the company’s newly unveiled Velera Ecosystem is designed to deliver meaningful technology upgrades for credit unions without forcing the kind of large-scale disruption or wholesale platform changes many institutions worry about.
ORLANDO, Fla.— Erica Dhawan opened the first day of VeleraLive 2026 with a message likely to resonate with many credit union executives: the challenge now is not simply adapting to disruption, but using the lessons of the last several years to “create a better normal” as digital communication, AI and changing member expectations reshape how teams work and how institutions serve members.
