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2025 has been a pivotal year for the credit union movement. We faced increased threats not only to the cooperative finance model, but to people’s economic freedom. Yet working together, America’s Credit Unions, leagues, credit unions, and allies held the line. We stopped harmful proposals, made meaningful progress on several fronts, and reminded policymakers why credit unions remain essential to millions of families. But the work is far from done. 

WASHINGTON—The Defense Credit Union Council Sunday sharply criticized the exclusion of key credit union provisions from the final text of the Fiscal Year 2026 National Defense Authorization Act (NDAA), saying Congress stripped out bipartisan Senate-backed measures that would have strengthened the NCUA’s Central Liquidity Facility and expanded the Treasury Department’s Community Development Financial Institutions Fund.

WASHINGTON--Resolving ambiguities in the implementation of several tax provisions in H.R. 1 (the One Big Beautiful Bill) will help credit unions execute on the consumer benefits in the law, America’s Credit Unions wrote to Treasury Secretary Scott Bessent, in his capacity as Acting Commissioner of the IRS.

WASHINGTON—U.S. bank regulators on Friday formally scrapped decade-old leveraged-lending guidance that had constrained banks’ participation in high-risk corporate loans and helped fuel the explosive growth of private credit, in a move expected to reshape competition across the $1.6-trillion leveraged-loan market, Reuters reported.

WASHINGTON—U.S. consumers added $16 billion in credit card debt during the third quarter of 2025, a significantly slower pace of borrowing than a year earlier, according to an inflation-adjusted analysis by WalletHub of the Federal Reserve’s latest Consumer Credit report released Friday.