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ST. PETERSBURG, Fla.–A new analysis of member card activity released by PSCU reveals the latest in members’ spending, examines several macroeconomic indicators affecting consumer preferences and behaviors, and takes a “deep dive” into the food category.

WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has unveiled what it says is a new process that makes it easier for the public to engage with the agency and request regulatory changes, while also requiring government employees and other individuals “who are paid to influence the agency’s rulemaking agenda behind the scenes” to also submit their petition for public inspection.

WASHINGTON—With one senator expressing some concerns around cryptocurrencies, the companies that sell it and crypto-related advertising, the Senate Banking Committee conducted a hearing on the President’s Working Group (PWG) on Financial Markets’ report on stablecoins.

WASHINGTON—NAFCU has sent letter to the House calling for more federal support for community development financial institutions (CDFIs) and minority deposit institutions (MDI).

NEW YORK—Household credit card debt had its largest quarterly increase in at least 22 years in the closing period of 2021, according to Federal Reserve data.

WASHINGTON–For the first time since 2019, rates on the most popular type of home loan in the U.S. have topped 4%.

ALEXANDRIA, Va.—The NCUA board will vote today on issuing an interim final rule  on prompt corrective action.