The National Credit Union Administration (NCUA) released a report to Congress this week that outlines steps taken to strengthen cybersecurity within the federally insured credit union system and the N...
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The Commodity Futures Trading Commission has detailed an order resolving the agency's enforcement case against an Alliance, Ohio, man in connection with an alleged fraudulent digital asset trading sch...
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The U.S. Department of the Treasury approved up to $86 million in funding for Mississippi via the American Rescue Plan’s State Small Business Credit Initiative (SSBCI). Mississippi will operate f...
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The League of Southeastern Credit Unions and Affiliates is encouraging Sens. Marco Rubio (R-FL) and Rick Scott (R-FL) to join the organization in opposing the Credit Card Competition Act (CCCA). Ac...
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The Merchants Payments Coalition (MPC) maintains bank and card networks swipe fees to process credit card transactions could increase consumers’ cost of celebrating the Fourth of July by $500 millio...
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The U.S. Department of the Treasury’s Federal Insurance Office (FIO) released a report this week that assesses climate-related issues and gaps in the supervision and regulation of insurers. The r...
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The Consumer Financial Protection Bureau (CFPB) has charged ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating unlawful mortgage payment transactions. The order sai...
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The Public Company Accounting Oversight Board (PCAOB) has detailed a settled disciplinary order sanctioning a pair of individuals for alleged violations of PCAOB rules and standards of a China-based i...
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The U.S. Department of the Treasury has approved approximately $73 million in funding for 39 Tribal governments through its State Small Business Credit Initiative (SSBCI). The funding, via the Amer...
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The Credit Union National Association (CUNA) has offered revisions regarding the Federal Housing Finance Agency’s approach to fair lending oversight and unfair or deceptive acts or practices (UDAP) ...
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The Public Company Accounting Oversight Board (PCAOB) issued a proposal this week that is designed to improve audit quality and enhance investor protection. The proposal addresses aspects of design...
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U.S. Sens. Ron Wyden (D-OR) and Susan Collins (R-ME) have joined 43 colleagues to reintroduce a bill they maintain would establish marriage equality within the tax code. The Equal Dignity for Marr...
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U.S. House of Representatives passed legislation this week that reverses actions taken by the Biden administration on the Loan-Level Price Adjustment (LLPA) mortgage rule. The Middle-Class Borrower...
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Whitney Economics, a cannabis economics data, consulting and research firm, recently reported that 24.4 percent of domestic cannabis businesses are profitable. "By conducting this survey, Whitney E...
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The U.S. Department of the Treasury approved $195.7 million for high-speed internet projects in Washington state. The grant, which comes through the Treasury’s Capital Projects Fund (CPF), will c...
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The National Association of Federally-Insured Credit Unions (NAFCU) is advocating the Community Development Financial Institutions (CDFI) Fund receives full budget funding to ensure credit unions can ...
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The Credit Union National Credit Union National Association (CUNA) has joined other organizations in encouraging the Federal Housing Finance Agency’s (FHFA) revision of its credit scoring framework....
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A group of lawmakers have introduced a bill that would address a work Social Security work disincentive presently impacting disabled Americans. Senate Finance Committee Chairman Ron Wyden (D-OR) an...
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A bipartisan group of senators have introduced legislation that would provide Medicare coverage for cancer screening tests. The Medicare Multi-Cancer Early Detection (MCED) Screening Coverage Act ...
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The House Appropriations Subcommittee on Financial Services and General Government (FSGG) included several items of interest to credit unions in its FY24 draft bill, including Consumer Financial Prote...
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