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WASHINGTON—The Trump Administration is appealing a California federal court order that required the CFPB to continue drawing operating funds from the Federal Reserve, escalating a legal battle over whether the agency can effectively be defunded without action from Congress.

TALLAHASSEE, Fla.—First Commerce Credit Union is once again raising money for animal welfare organizations across North Florida and South Georgia through its annual Liz Nix Fundraiser for Animal Rescue, an initiative launched in 2022 during National Pet Month.

WASHINGTON--The Defense Credit Union Council has named TaVon Sneed executive office manager at its headquarters here.

DALLAS—Credit unions have spent years hearing warnings about accelerating disruption, artificial intelligence, digital transformation and rapidly changing member expectations. But according to Tom Davis, the movement’s real story is not that change is coming—it’s that credit unions have already proven they can adapt to it.

WASHINGTON—The Defense Credit Union Council is pressing Congress to ensure credit unions are not left behind as lawmakers advance legislation tied to artificial intelligence, fraud prevention and digital assets, warning that banks should not receive clearer authority to innovate than federally insured credit unions.

WASHINGTON—The Senate on Wednesday confirmed Kevin Warsh as the next chair of the Federal Reserve, handing President Donald Trump a major economic policy victory as inflation concerns and pressure over interest rates intensify.

DALLAS—Artificial intelligence is rapidly making cybercrime more convincing, more scalable and far more personal, according to cybersecurity experts speaking at the EDGE 26 Technology Conference here, where attendees were warned the greatest cyber risk facing organizations today is no longer technology itself, but increasingly sophisticated AI-powered social engineering attacks designed to manipulate human behavior.

NEW YORK--Newly defaulted federal student loan borrowers are older, more geographically concentrated in the South and increasingly behind on other debts, according to a New York Fed analysis that warns the restart of student loan repayment is again showing up in household credit data.

WASHINGTON--This week NCUA Chairman Kyle Hauptman participated in a financial literacy roundtable hosted by the U.S. Department of the Treasury and Office of the Comptroller of the Currency.