Fresh Today

DAVOS, Switzerland--U.S. Treasury Secretary Scott Bessent said this week it would be reasonable to examine the practices of credit card companies, signaling openness to a broader review as Washington debates potential consumer protections, according to Reuters.

NEW YORK— As President Donald Trump presses Congress to consider a cap on credit card interest rates, Citigroup CEO Jane Fraser said this week she does not expect lawmakers to approve such a move, warning it would harm the broader U.S. economy.

WASHINGTON — The Defense Credit Union Council is closely tracking a fast-moving week in Washington that could determine whether Congress avoids a government shutdown while also reopening the door to controversial credit card and interchange proposals that DCUC strongly opposes.

DAVOS, Switzerland— President Donald Trump renewed his push for a 10% credit card interest-rate cap Wednesday, calling on Congress to impose a one-year limit during remarks at the World Economic Forum in Davos.

INDIANAPOLIS--The $890-million Financial Center First Credit Union has selected Ning Duong to serve as its new CEO.

WASHINGTON—The long-awaited federal crypto market-structure bill faces renewed uncertainty on Capitol Hill amid political urgency from the White House and industry resistance that has stalled key Senate action.

WASHINGTON--Credit unions can provide feedback on the H.R. 1 vehicle loan interest tax deductions via America’s Credit Unions’ latest Regulatory Comment alert.

WASHINGTON--President Trump Tuesday issued an Executive Order, “Stopping Wall Street from Competing with Main Street Homebuyers,” to prevent large institutional investors from buying single-family homes.

WASHINGTON—President Donald Trump last week urged credit card issuers to adopt a one-year 10% interest-rate cap on credit cards beginning Jan. 20, framing the move as part of a broader effort to address affordability pressures.