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WASHINGTON — The Defense Credit Union Council is renewing its push against the Durbin-Marshall credit card mandates, urging Congress and the White House to abandon the proposal and warning it would extend a failed regulatory experiment that hurts consumers, small businesses, and community financial institutions while primarily benefiting the nation’s largest retailers.

WASHINGTON—Sen. Roger Marshall’s long-stalled Credit Card Competition Act (CCCA) may have found new life this week after President Donald Trump publicly endorsed the bill, a move advocates say is already reshaping the political math around credit-card fees on Capitol Hill.

WASHINGTON—The Defense Credit Union Council and America’s Credit Unions have joined a coalition of national trade associations representing thousands of community banks and credit unions in urging Congress to take immediate action to close a stablecoin loophole that could divert trillions of dollars from local lending institutions and weaken community-based credit nationwide.

WASHINGTON — A group of former Federal Reserve chairs, Treasury secretaries, and top economic advisers from both parties warned that a reported criminal inquiry into Federal Reserve Chair Jerome Powell represents an unprecedented threat to the central bank’s independence, sharply escalating concerns following the Justice Department’s subpoena of the Fed.

SEATTLE — Strum Platform announced Monday that five credit unions, representing a combined $2.16 billion in assets, have signed on to its marketing analytics Customer Data Platform (CDP), expanding the fintech’s footprint across multiple regions.