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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U.S. Reps. Randy Feenstra (R-IA) and Angie Craig (D-MN) are espousing the benefits of legislation they maintain would offer farmers greater crop and livestock insurance protections. The Crop Insura...
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Two recently released Consumer Financial Protection Bureau (CFPB) reports examine financial opportunities and challenges facing Southern communities regarding banking access and consumer finance. C...
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The latest American Bankers Association (ABA) Credit Conditions Index maintains bank economists expect credit conditions to soften the remainder of the year through economic headwinds faced by consume...
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U.S. Rep. Maxine Waters (D-CA) and U.S. Sen. Sherrod Brown(D-OH) have expressed security concerns regarding a golf league merger that includes Saudi-backed LIV Golf. Waters, the top Democrat on the...
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A group of lawmakers have forwarded correspondence to PayPal President and CEO Dan Schulman, advocating fraud protection for Venmo users patronizing the platform. U.S. Sens. Sherrod Brown, chairman...
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The Consumer Financial Protection Bureau (CFPB) has released a new issue spotlight regarding financial institutions adoption and use of chatbots. “To reduce costs, many financial institutions are...
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Four lawmakers have reintroduced legislation that would enable federal student loan holders to refinance their loans while still remaining public borrowers. U.S. Reps. Mike Turner (R-OH), Donald N...
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U.S. Rep. Donald Norcross (D-NJ) has reintroduced a measure he maintains would enhance retirement security via an annuity initiative. The Lifetime Income For Employees (LIFE) Act of 2023 would allo...
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A group of lawmakers maintain legislation they have introduced would address pharmacy benefit managers (PBMs) compensation and aid in lowering prescription drug prices. U.S. Sens. Ron Wyden (D-OR)...
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The House of Representatives Financial Services Committee Republican membership has forwarded correspondence to the Securities and Exchange Commission (SEC), seeking rescission of the agency's rulemak...
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The Credit Union National Association (CUNA) recently filed comments with the Federal Housing Finance Agency (FHFA), offering suggestions regarding housing finance system lender equity access. “C...
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The Commodity Futures Trading Commission (CFTC) has added 45 unregistered foreign entities to its Registration Deficient (RED) List, which aids in protecting Americans from financial trading fraud. ...
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The Insured Retirement Institute (IRI) has expressed support for the Lifetime Income for Employees (LIFE) Act (H.R. 3942), stating that its enactment is a priority as it offers improved lifetime incom...
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The Consumer Financial Protection Bureau (CFPB) has outlined enforcement action against medical debt collector Phoenix Financial Services, alleging numerous debt collection and credit reporting violat...
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U.S. Reps. Mike Kelly (R-PA) and Brian Higgins (D-NY) have joined four colleagues to introduce legislation they indicated would spur affordable homeownership opportunities and community revitalization...
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Data, technology and market infrastructure provider Intercontinental Exchange, Inc. (ICE) has launched its newest carbon futures market based on Washington state’s Cap-and-Invest program. The Was...
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U.S. Rep. Alex X. Mooney (R-VA) has joined 14 colleagues to introduce legislation that would address the Federal Reserve and its ability to issue Central Bank Digital Currency (CBDC). Bill proponen...
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