WASHINGTON—The Trump Administration’s proposed budget for 2020 includes similarities to those it has previously proposed, including bringing the CFPB under the congressional appropriations process, eliminating the Community Development Financial Institutions (CDFI) Fund, increasing government-sponsored enterprises' (GSEs) guarantee fees, and reforming the National Flood Insurance Program (NFIP).
THE news
WASHINGTON—A group of lawmakers has crafted legislation designed to enhance cybersecurity around Internet-connected devices.
WASHINGTON—CUNA President Jim Nussle challenged the entire concept of “coopetition” among credit unions during remarks opening the trade association’s Governmental Affairs Conference.
MADISON, Wis.—To mark International Women’s Day today, the Global Women’s Leadership Network (GWLN) is calling upon the worldwide credit union movement to build a gender-balanced world by encouraging industry women to apply for the Network’s 2019 scholarship.
FOSTER CITY, Calif.—Spending for goods and services generated by Mastercard and Visa credit, debit, and prepaid cards issued in the United States was $6.021 trillion in 2018, an increase of 9.5% over 2017, a new report shows.
OPELIKA, Ala.–The devastating tornadoes that struck Alabama as well as Georgia and which killed at least 23 people apparently spared credit union facilities.
WASHINGTON–The U.S. District Court for the Western District of Pennsylvania granted preliminary approval of a proposed settlement in the Wendy’s data breach case, which will pay $50 million to financial institutions.
NEW YORK—As tax season arrives, some consumers may find they owe money for a credit card perk. If cardholders have received a bonus from their credit card company for successfully referring friends or family for new cards, they may owe taxes on that bonus.
FALCON HEIGHTS, Minn.–SPIRE Credit Union here attracted some 4,340 attendees to its 85th Annual Meeting and Appreciation Day.
LINCOLN, Neb.–Nebraska’s bankers are backing a bill in the state legislature that would require notification anytime a state-chartered credit union is seeking to expand its field of membership, which would give the bankers the opportunity to challenge the request at a public hearing.