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Tomer Borenstein (2)

Tomer Borenstein

WASHINGTON— A sweeping housing bill expected to hit the House floor next week appears to be on track to pass and could become the only major piece of legislation likely to reach President Trump’s desk in the near term, according to congressional sources and credit union advocates tracking the process.

WASHINGTON — Treasury Secretary Scott Bessent used his written testimony Thursday to the Senate Banking Committee to signal a sharp shift in how federal regulators should oversee banks and credit unions, arguing that recent supervisory priorities went too far beyond traditional safety-and-soundness concerns and contributed to instability in 2023.

SEATTLE— The GoWest Credit Union Association is making a $200,000 investment to expand its Small Credit Union Accelerator Program, an initiative aimed at helping credit unions with assets under $250 million strengthen operations, grow membership, and navigate rising regulatory and competitive pressures.