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WASHINGTON— NCUA Chairman Kyle Hauptman used his appearance before the Senate Banking Committee Thursday to draw a sharp line between rulemaking and enforcement, telling lawmakers NCUA has formally codified a policy rejecting “regulation by enforcement” and is undertaking a sweeping review of its own rulebook — even as it advances stablecoin regulations under the GENIUS Act framework.

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WASHINGTON--Thursday, the Defense Credit Union Council sent a letter to Senators Alex Padilla (D-CA) and Kevin Cramer (R-ND) urging the inclusion of the Central Liquidity Facility (CLF) Enhancement Act language in the upcoming Housing for the 21st Century Act as it moves to the Senate floor.