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WASHINGTON—The Supreme Court on Monday declined to hear the petition filed by former NCUA Board Members Todd Harper and Taya Otsuka, in their removal-from-office lawsuit—an action that keeps the matter in the U.S. Court of Appeals for the D.C. Circuit and places renewed attention on a separate, high-stakes Supreme Court case that could upend the foundation of independent federal agencies, including the NCUA.

WASHINGTON--The Defense Credit Union Council has sent a letter to U.S. Treasury Secretary Scott Bessent expressing strong opposition to recent banking-industry proposals that would require federal credit unions to file IRS Form 990.