The National Association of Federally-Insured Credit Unions (NAFCU) is urging the Small Business Administration to pause or rescind a recent proposed rule change related to one of its loan programs. ...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) has outlined a series of advocacy initiatives that resulted in several key wins in 2022. Per the NAFCU, highlights include work i...
Read More
A newly released National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report maintains new home sales increased 1.3 percent in November 2022. Additionally, the 640,000 a...
Read More
President Joe Biden signed today the $1.7 trillion Congressional spending plan, which consists of all 12 fiscal year 2023 appropriations bills. The omnibus bill passed the U.S. House of Representat...
Read More
The Drug Policy Alliance (DPA) maintains passage of the federal omnibus package is the latest indication of Congress’ failure to effectively address the overdose crisis. Per the DPA, while the ...
Read More
The Securities Industry and Financial Markets Association (SIFMA) issued a response to the Securities and Exchange Commission’s (SEC) proposal related to requirements for clearing agencies for U.S. ...
Read More
Financial services company eToro recently examined 2023 crypto analyst projections, noting industry personnel maintains the new year could offer significant changes. eToro recently cited venture ca...
Read More
New York Stock Exchange (NYSE) officials indicated an unprecedented 12 months of activity included an industry-leading number of transfers and the largest initial public offering (IPO) in 2022. “...
Read More
A group of Senate Democrats recently urged the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) to review the use of exclusive listing agreements by real estate broke...
Read More
U.S. Sen. Pat Toomey (R-PA) introduced a bill that would change the structure of the federal reserve banking system. The Federal Reserve Accountability Act would make the presidents of Fed regional...
Read More
U.S. Rep. Maxine Waters (D-CA) is urging the Federal Trade Commission (FTC) to conduct a robust review of the proposed acquisition of Black Knight, a data and analytics company, by the Intercontinenta...
Read More
The Consumer Financial Protection Bureau (CFPB) noted a survey examining household financial health pointed to a decline after several years of increased savings. The CFPB indicated the Making Ends...
Read More
A Joint Economic Committee (JEC) Democrats report maintains older Americans contribute an estimated 40 percent of the national economic output despite making up 35 percent of the population. Offici...
Read More
U.S. Sen. Pat Toomey (R-PA) introduced a bill this week to establish the first federal regulatory framework for payment stablecoins. Specifically, the bill seeks to encourage competition by author...
Read More
New York Gov. Kathy Hochul said the state's adult-use cannabis retail sales will begin on Dec. 29 at a dispensary in Manhattan. Sales will begin at a dispensary operated by Housing Works, the natio...
Read More
Iowa Attorney General Tom Miller and the Iowa Division of Banking have detailed an Assurance of Discontinuance agreement with Ogden, Utah-based Transportation Alliance Bank. The agreement stems fro...
Read More
The U.S. District Court for the Central District of California entered a consent order for permanent injunction, monetary sanctions, and equitable relief against Monex Deposit Company, Monex Credit Co...
Read More
U.S. Sen. Dan Sullivan (R-AK), a member of the Senate Committee on Veterans’ Affairs, recently commended colleagues for passing the Improving Access to the VA Home Loan Act of 2022 (H.R. 7735), whic...
Read More
A bill designed to bolster retirement savings has been included in the $1.7 trillion omnibus federal government funding bill. The omnibus bill, which combines 12 appropriations packages, is schedul...
Read More
Consumer Financial Protection Bureau (CFPB) officials have detailed an enforcement order against Wells Fargo Bank for mismanagement of auto loans, mortgages, and deposit accounts. The agency indi...
Read More