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WASHINGTON—With attention and intertest around cryptocurrency growing among consumers, Kyle Hauptman told credit unions he is committed to ensuring the movement does not fall behind in playing the crypto space and “go the way of Blockbuster.”

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Kyle Hauptman tells GAC the 'agency must evolve.'

WASHINGTON–There is simply no way to prepare for what it’s like to walk into the Oval Office for the first time as the president’s chief of staff and feel that weight on your shoulders, according to two men who have held the title.

The direct immediate impact of the new CCULR/RBC rule requires credit unions to hold between $30 to $40 billion more in reserves.