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BOULDER CITY, Nev.–Credit unions need to be thinking about 11-year-olds, according to one person.

DUBLIN, Ireland–Ireland’s credit unions are accusing their regulator, the Central Bank, of imposing “excessive and unjustified” regulations.

WASHINGTON–Two Florida companies and their CEO will be permanently barred from offering payment-processing services to settle Federal Trade Commission allegations that they aided a criminal student debt relief scam that bilked $62 million from thousands of students and their families.

WASHINGTON—Senator Elizabeth Warren (D-MA) has written to Securities and Exchange Commission Chair Gary Gensler inquiring about the SEC’s authority to regulate cryptocurrencies and asking what future congressional regulatory action is needed.

SAN FRANCISCO—Visa said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor said it is taking new steps to make crypto transactions smoother.

WASHINGTON–Moratoriums put in place by the federal government on mortgage foreclosures during the pandemic helped reduce foreclosures by 85% from June 2019 to June 2020, with foreclosures remaining low through February 2021, according to a new report from the Government Accountability Office (GAO).

WASHINGTON — Sen. Chuck Schumer (D-NY), the Senate majority leader, said he plans to propose legislation to decriminalize marijuana at the federal level. Should Schumer’s bill see success, it would break a logjam in the Senate, which has consistently failed to pass legislation to decriminalize cannabis even as the House has passed such legislation.

WASHINGTON–A new report from the CFPB says most consumers have exited any loan payment assistance they may have received early in the coronavirus pandemic, and that includes those who live in communities hit hardest fallout from the crisis. But there is one exception: those getting assistance for student loans.

ALEXANDRIA, Va.–NCUA said it is now prepared to move into the first phase of resuming onsite operations in some areas of the country.